XLY - Amazon Expands RxPass To Medicare Members: A Closer Look At Savings | Benzinga
Amazon.com Inc’s (NASDAQ:AMZN) Prime RxPass subscription service has now expanded to over 50 million Medicare beneficiaries, enhancing affordable access to medications for a broader audience.
This rollout promises significant savings and convenience, emphasizing the program’s alignment with customer-centric healthcare solutions.
Launched on Tuesday, RxPass now offers its services to a vast demographic of Medicare recipients, aiming to streamline the purchasing of medicines and support better health management.
Medicare beneficiaries utilizing RxPass for their medication needs could save an average of $70 annually for those on a single medication, with greater savings for those requiring multiple prescriptions.
Overall, this could lead to a nearly $2 billion reduction in Medicare spending if all eligible beneficiaries ...