Fertility Medications for CAPEXMD Borrowers
CapexMD and DesignRX
CapexMD, in collaboration with DesignRX, is proud to announce a “first of its kind” program, which will allow CapexMD to offer fertility medication loans to patients of Participating Practices, who simultaneously require funding for their IVF medical treatment. This market leading finance plan will be available to patients undergoing IVF treatment at all CapexMD Participating Practices starting on September 1st, 2011. Drug discounts for the loan program will be available exclusively at DesignRx’s network of pharmacies.
How does it work?
Borrowers requiring financing for IVF treatments can increase their loan by up to 20%, which additional funds can be used to finance fertility medications. CapexMD has retained DesignRx Inc. as the exclusive third party administrator for the portion of the loan designated for medications. In the event that fertility medications are included in the loan amount, payment for the medication portion will be disbursed directly to DesignRx, on behalf of the Borrower, for immediate release to the dispensing DesignRx Network Pharmacy.
Borrower will receive an email, with an activation number, which when presented to a DesignRX Pharmacy will activate the Borrowers account with a credit equal to the amount of the medication portion of the loan. This credit will be available for a period of 30 days from the date of first activation. Prescriptions can be filled multiple times during this 30 day period. Any unutilized medication funds will be refunded to CapexMD, and will be applied to the Borrower’s loan as reduction to their outstanding principal balance.
What are the Costs?
In order for the Borrower to activate their credit at a DesignRx Pharmacy, a one time Credit Activation Fee of $50.00 must first be paid to the DesignRX pharmacist. Please note that this fee cannot be deducted as payment from medication loan amount or, upon activation, from the resulting medication credit.
Since 2004 DesignRx® has help its members on their fertility journey., DesignRx® is the nation’s leading fertility benefits provider with over 200,000 members nationwide. DesignRx® partners with pharmaceutical manufacturers through its elite network of specialty pharmacies to offer unique programs to help patients who have little or no drug coverage. The DesignRx® programs are structured to support all stake holders in the healthcare continuum including patients, drug manufactures, pharmacies, and providers.
How do I locate a Pharmacy in my area?
You can find out more about DesignRx® locations and their pharmacies at www.DesignRx.net. Most DesignRx Pharmacies will ship overnight with no additional shipping costs.