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OptumRx
OptumRx is an asset manager based in Eden Prairie; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...
Overview
Order prescriptions, get drug pricing information, pay your bill, locate a pharmacy, manage your health information and more. Optum Rx can help.
General information
Firm type
Asset Manager
Location
Region
North America
Country
United States
City
Eden Prairie
Corporate office
Eden Prairie, MN, United States
Sector focus
Frequently asked questions
How does OptumRx's integration with UnitedHealth Group affect its negotiation power with drug manufacturers?
As a subsidiary of the largest US health insurer, OptumRx negotiates rebates and formulary placement on behalf of UnitedHealth's fully insured and self-funded employer plans. The combined entity covers tens of millions of lives, giving OptumRx substantial leverage when contracting with pharmaceutical companies. This scale allows for rebate structures that smaller PBMs cannot access, though the specific terms remain confidential.
Does OptumRx offer transparent drug pricing to patients?
The firm provides online drug pricing tools that allow members to search, compare costs, and view coverage before filling prescriptions. It has publicly announced a $35 monthly insulin program for members without insurance, signaling a posture toward accessible pricing for high-cost maintenance drugs. Broader pricing transparency beyond the member portal is limited.
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