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. https://hypepotamus.com/companies/clutch-health/
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WITH PRESCRIPTION PRICES ON THE RISE, THIS STARTUP IS SHAKING UP PHARMA FROM THE INSIDE OUT
In 2017, U.S. healthcare spending grew 3.9 percent, reaching $3.5 trillion. On average, that’s more than $10,000 per person. Smaller employers are having a hard time keeping up with rising costs, causing many to move to high-deductible plans that shift the cost burden onto the employee, says Reuben Buckareff. “Everybody wants to retain good employees. We’ve got a really tight labor market. Employers are stuck between a rock and a hard place because their insurance keeps going up every year. Benefits are the second largest line item after payroll,” Buckareff tells Hypepotamus. “With high-deductible policies, people are having to deal with more and more of their own decision-making as employers shift since they can’t afford insurance.” With high deductible plans comes higher-cost prescriptions, as well. This can be mitigated by searching for a better deal at a specific pharmacy or provider, but how do you know where you can find those deals in real-time? Clutch Health wants to help you do just that. The app captures electronic prescriptions that come in from a doctor. The patient can pick the most affordable price from pharmacies in the area right on the app. It then quickly forwards the prescription to the chosen pharmacy. MURIEL VEGA READ MORE