3rd Gen Rx Pharmacy Benefits
Cost Reduction Marketplace
Our Program Works. We Guarantee It.
Our Guarantee
The 3rd Gen Rx Cost Reduction Marketplace combines our core strategies designed to deliver true Net Plan Savings for our plan sponsors. We commit to forming a genuine partnership with our clients, guaranteeing measurable net savings. Unlike traditional PBMs, we believe that offering discounts and rebates alone is insufficient to earn a plan’s trust. Confident in our ability to achieve superior cost reductions, we put a portion of our compensation at risk.
Full Disclosure
3rd Gen Rx is motivated by earning revenue only when we generate savings that exceed those of a traditional PBM arrangement. When you engage us as your advocate for achieving the lowest net cost, you gain complete transparency into all costs and methodologies—ensuring full alignment between 3rd Gen Rx and the plan sponsor's goals and objectives.
One Point of Contact
Managing our programs under the 3rd Gen Rx umbrella allows for the flexibility and efficiency needed to evaluate whether plan costs can be significantly reduced—or even eliminated. Additionally, members benefit from a single point of contact, leading to a more seamless and supportive experience. By assessing medication types and member qualifications, 3rd Gen Rx is able to determine the most effective strategies to maximize plan savings.
In-House Processing
At 3rd Gen Rx, every claim decision is made internally—never outsourced—ensuring maximum reliability and consistency. Unlike other sourcing methods that rely on third parties, our fully in-house approach eliminates communication gaps and handoff errors, delivering a smoother, more dependable experience for both plans and members.
