Woonsocket, R.I.-based CVS Health unveiled its Reduced Rx prescription savings program that will allow participants to purchase certain medications at discounted prices.
The prescriptions will be offered through CVS Caremark, CVS Health's benefits manager. Patients will be required to pay for prescriptions out-of-pocket, as Reduced Rx cannot be used with any prescription drug coverage.
One pharmaceutical company — Novo Nordisk — will participate in the program. Novo Nordisk will offer its prescription insulin for a cash payment of $25, reflecting a possible $100 in savings. CVS said it is looking to expand the program to additional medications.
Enrollment into the program will begin in May.