Our Unique Patented Process

The LoyaltyRx card delivers a patented process & a turn key program for Pharmaceutical companies which increases persistence and compliance while reducing fraud and delivering a much greater ROI for their brand than any other type vehicle.

By combining the Power & Protection of the Banking industry with the NCPDP 5.1 pharmacy adjudication platform the LoyaltyRx Card avoids many pitfalls inherent in other pharmaceutical incentive programs.

Unlike a direct to patient rebate program which is a cumbersome process for the patient, the LoyaltyRx Card is actually an alternate "payor" in the coordination of benefits platform.  Once the claim is adjudicated and meets all your programs predetermined business rules the LoyaltyRx Card is then funded with the appropriate amount, in real time, the pharmacist then uses the card to satisfy payment.

Real time payment to the pharmacist for the discounted patient benefit ensures pharmacy acceptance.  LoyaltyRx cards are never pre-funded with any dollar amount. 

New Patented Technology Enables a Great Solution

Benefits:

  • Virtually 100% pharmacy acceptance
  • Immediate discount for patient
  • Immediate payment to participating pharmacy
  • PBM Adjudication verifies Patients Medicare/Medicaid status & Co-pay amount through existing pharmacy infrastructure
  • Usage is monitored and rules enforced (NDC# product specific)
  • Funding is only loaded on card only after adjudication and can be (repeatable)
  • Substitutions will not be funded
  • "Smart" card can pay only a patients "out of pocket" costs
  • Wal-Mart data is reported through point sale terminal data
  • Patients can opt-in to a value added relationship ("perceived" activation sticker)
  • Easily reusable (looks like credit card)
  • Can be used on multiple products/strengths
  • Timely daily reporting by outlet
  • No unique software needed for retailer
  • Generates highest redemption Rates & ROI
 

INCENTATECH’S INNOVATIVE PROGRAMS CAN HELP YOU BUILD BRAND LOYALTY AND RETENTION WITH YOUR PRODUCT. 



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