What You Should Know:
– Capital Rx is partnering with Independa, a telehealth engagement platform for seniors, to bring its prescription savings card to the older adult population via LG TVs.
– Independa, a provider of TV-based remote engagement, education and care, and LG Electronics, a global leader in TV manufacturing, together launched the Independa Health Hub™ Ecosystem of Healthy Offerings on LG TVs at the 2022 Consumer Electronics Show. In introducing the Capital Rx Advantage program, the first discount card offered directly through a TV, users can now easily and securely access their free prescription savings card to enjoy significant savings on medications.
High Cost of Prescription Meds on Older Adults
The high cost of prescription medications are crushing the older adults who can’t afford their life-saving medications. An AARP report finds in 2020 that the price of hundreds of brand-name medications rose more than twice as fast as inflation. Part of Biden’s Build Back Better plan would enforce an annual out-of-pocket cap on what people on Medicare pay for their prescription drugs. No one should have to choose between buying medicine and paying for food or rent.
Partnership Details
Anyone with a December 2021 LG TV or newer can access affordable medications via the Capital Rx Advantage prescription savings card, downloaded directly from the comfort of their own homes via the Independa Health Hub (automatically on all LGTVs. Backwards compatibility to 2014 models is also in progress). Capital Rx Advantage was launched in August 2021 to bring radically transparent prescription drug prices to the underinsured + uninsured market.
It beats other popular discount cards on prices 80% of the time. It is now accepted at 65k pharmacies and major retailers, including Walgreens, Walmart, Costco and more. Older adults and their families/caregivers can access the card directly through the LG TV Independa Health Hub app. Savings can be easily passed on to friends and family, always free and without limitations of the number of beneficiaries.
LG TV owners who activate the Independa app will immediately see the Capital Rx Advantage card within their Healthy Offerings section. There, they have the option to view an informational video and then access their free Rx savings card. The Independa Health Hub is currently available on all LG TVs sold from 2021 onward.
“Capital Rx continues to effectively disrupt the prescription drug payments model, helping American consumers save millions in medication costs,” said Kian Saneii, founder and CEO of Independa. “On the heels of our landmark partnership with LG and the expansion of our Health Hub ecosystem into the connected TV environment, we are proud to join forces with Capital Rx and offer our users access to the best prescription drug discount card available in the market today.”v
