SmithRx, a pharmacy benefits manager (PBM), has partnered with UnitedAg, an agricultural trade association and health plan Trust, to provide transparent and affordable pharmacy benefits to its members. The collaboration will serve UnitedAg’s more than 1,200 agricultural entities, encompassing over 55,000 members, with a fiduciary-aligned pharmacy benefits solution.
This partnership signifies UnitedAg’s shift from a traditional pass-through PBM model to an approach based on radical transparency. SmithRx’s platform offers clients complete visibility into pharmacy spend, ensuring that all savings are directly returned to employers and their employees. This model aims to enable employers to manage benefits costs effectively while providing employees with access to lower-cost medications and clear information.
Jake Frenz, founder and CEO of SmithRx, stated, “SmithRx is thrilled to partner with a forward-thinking organization like UnitedAg that shares our commitment to bring clarity and fairness to healthcare. This partnership is a testament to the growing demand for a different kind of PBM—one that prioritizes people and provides real savings while delivering an exceptional member experience.”
Kirti Mutatkar, President and CEO of UnitedAg, commented, “SmithRx’s innovative model will not only help us manage our costs more effectively but, more importantly, will empower our members to make better decisions about their health. Our members are our most valuable asset, and we are dedicated to providing them with the best possible benefits.”
UnitedAg members can now access the SmithRx platform, which aims to provide clear pricing and access to lower-cost medications. The platform integrates technology, including AI-driven efficiencies, to deliver the member experience. The collaboration intends to enhance the health plan by combining a focus on transparency and service to make healthcare more accessible and affordable for its members.
SmithRx specializes in reducing the cost and complexity of pharmacy benefits. The company offers a transparent, universal pass-through model, alongside cost-saving programs and technology. SmithRx states it eliminates hidden fees, passes through 100% of rebates and discounts, and provides real-time prescription pricing and detailed savings reports.
UnitedAg is a member-owned agricultural trade association that provides comprehensive health benefits, supports agricultural leadership, and advocates for its members. The organization operates in California and Arizona, with plans to expand into Oregon and Colorado.
