Managed Healthcare Executive August 30, 2024
The new program provides large employers with access to Capital Rx’s technology platform for claim adjudication, invoicing, and reimbursement.
Capital Rx, a pharmacy benefit manager/administrator, has unveiled a new solution for large, self-funded employer groups. The new program, called Never Move Again, provides companies with more than 50,000 employees with access to its technology platform, JUDI. The platform provides underwriting, implementation, claim adjudication, data integration, prior authorization, patient communication, client reporting, invoicing, and reimbursement.
“Large employers are essentially mini health plans,” AJ Loiacono, co-founder and CEO of Capital Rx, said in an interview. “They have similar responsibilities and liabilities under ERISA (Employee Retirement Income Security Act), yet they face significant challenges when it comes to managing their health benefits efficiently....
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