SOURCE: Triplefin LLC

Triplefin LLC

Triplefin LLC

April 15, 2010 13:03 ET

Triplefin LLC Acquires a Controlling Interest in RxFreeCard

RxFreeCard -- A Leader in Prescription Discount Card Savings

CINCINNATI, OH--(Marketwire - April 15, 2010) -  Triplefin LLC is pleased to announce that effective April 1, 2010, it has acquired a controlling interest in RxFreeCard, a company that provides prescription discounts to uninsured and underinsured patients.

RxFreeCard, established in 2004 and headquartered in Sanford, Florida, offers a totally free prescription discount card that saves patients an average of 20% on name brand and up to 80% off of the pharmacy's usual and customary prices on generics. An additional feature of the RxFreeCard is that the discount savings may also be applied toward pet medication purchases.

The RxFreeCard prescription discount card program is designed to help everyone save money on their prescription drug costs. Getting signed up is easy. Simply go to www.rxfreecard.com, enter your name at the top of the card, and print out the free, pre-activated prescription discount card. Then, present the card to the pharmacist the first time your prescription is filled. Your telephone number will be your ID number. And, if you ever have any questions, simply call the toll free Pharmacy Help Line for answers to all of your questions. 

The RxFreeCard program is unique. Unlike many other card companies, the RxFreeCard offers:

  • No hassle, pre-activated cards
  • No application fee
  • Never a cost to the patient -- the RxFreeCard is always completely free of charge
  • Use of the RxFreeCard is not limited by age or income
  • Everyone is accepted
  • There are no requirements or limits on the use of this card
  • The RxFreeCard can be used as often and for as long as needed. This is NOT a temporary card
  • The RxFreeCard is NOT insurance

When queried as to why Triplefin chose to invest in RxFreeCard, Greg LaLonde, CEO of Triplefin, replied: "At RxHope, a Triplefin Company that specializes in providing online Patient Assistance Programs (PAP) and Reimbursement Services for our pharmaceutical manufacturing clients, we work every day with patients who are struggling to pay for their prescription drugs. Many of these patients may not meet the stringent financial eligibility criteria to qualify for a Patient Assistance Program yet still need help affording the prescription drugs they desperately need. The RxFreeCard is a perfect complement to our RxHope solution and provides Triplefin with a means of helping everyone fight the rising costs of prescription drugs. Our goal is to help our patients quickly start saving money just as millions of others already have. To date, the RxFreeCard has saved consumers nearly 3 million dollars and that number is growing rapidly."

The power behind the RxFreeCard is its relationship with BioScrip, a $1.7B Pharmacy Benefits Management (PBM) company which provides RxFreeCard users with access to one of the largest and most extensive networks of pharmacies. This network includes more than 60,000 pharmacies nationwide and in Puerto Rico. BioScrip allows RxFreeCard to deliver the absolute lowest price available on all prescription medications to its cardholders. Just a few participating pharmacies included in the network are: Wal-Mart; K-Mart; Publix; Walgreen's; Target; CVS; Winn Dixie; Albertsons; Fred's; and many more.

According to Mitch Giles and Susan Castrianni, Cofounders of RxFreeCard, "We are delighted to be joining the Triplefin family of companies and look forward to expanding our ability to offer the RxFreeCard to many Americans who are in dire need of a helping hand in paying for their medications. The complementary fit between RxHope's corporate mission of 'Providing Hope For Everyone' and that of RxFreeCard makes this an ideal partnership." 

Triplefin LLC
Triplefin, founded in 1981, is privately owned and headquartered in Cincinnati, OH. Triplefin provides integrated business process outsourcing solutions to leading manufacturers with specialized expertise in the Pharmaceutical Manufacturing and Consumer Products industries. The company's outsourced solutions include: order, shipping, billing services; advanced fulfillment capabilities; traditional and alternative pharmaceutical sampling services as well as sales and marketing support services; professional customer care; information technology services; financial management services; compliance; infrastructure and trade promotion management. Triplefin is proud to serve as "The Support Behind Your Brand." More information on Triplefin may be found by going to www.triplefin.com or by calling (800) 841-3055.

Contact Information