About

A Message from Hyde Rx President Stephen S. S. Hyde:

Hyde Rx is a fully transparent, full-service pharmacy benefit management (PBM) company that is completely focused on providing its clients and their employees with the prescription drugs they need at the lowest possible cost.

Most Rx benefit plans cost 35-50% more than they need to. Here's why:

1. Copayment structures don't encourage patients to either know or care how much their drugs actually cost.   Same for their doctors.
2. Most PBMs are more focused on maximizing drugmakers' rebates, mail service pharmacy profits, and pharmacy network markups than on minimizing their clients' costs.
3. Drugmakers have driven doctors and their patients to expensive, me-too brand name drugs and away from proven, low-cost alternatives that are just as effective.

1. Hyde Rx's benefit designs provide financial incentives for members to seek the medications they need at the lowest cost.
2. Hyde Rx provides member education and support to help them save money while getting the drugs they need.
3. Hyde Rx functions like a fiduciary on behalf of its clients to provide complete transparency and 100% pass-through of actual drug costs and rebates.  

• Advanced claims processing and adjudication capabilities
• Complete eligibility management 
• Advanced benefit design expertise
• Value-based (not rebate-driven) formularies
• Full disclosure and 100% pass-through of actual drug costs and rebates
• 50,000-pharmacies in our discount retail network
• Low cost mail service pharmacy
• Complete client reporting