KYRx: A prescription for lower pharmacy costs
The Know Your Rx Coalition, or KYRx, helps employers in non-profit higher education, health care and the public sector save money on the prescription benefits they provide employees and retirees. The coalition was founded in 2011 by the University of Kentucky, University of Louisville and Eastern Kentucky University. It now includes more than 20 employers.
The coalition is managed by administrators, pharmacists and support staff at the University of Kentucky. Members of the coalition maintain their own pharmacy benefit management (PBM) contract and their own unique benefit plan features.
If your organization is interested in joining the coalition, email us or call 859-257-9185.
Feedback from Our Member Organizations
"The AIKCU Benefits Alliance was formed nearly a decade ago with the purpose of supporting best value outcomes for its members who self-fund their employee health insurance programs. In our evaluation of the Know Your Rx Coalition it was clear that their mission is much the same. It is easy to quantify the financial savings, which are significant, however, just as important are the care management strategies with benefits in both financial and human terms."
– Bill Holton, ARC Administrators
"Kentucky's Independent College & University campuses are excited to have the opportunity to join the Coalition. We anticipate great value from membership. Our Benefits Alliance program has provided exceptional value to its members and much of that credit goes to our partners who have supported our goals. The value of the flexibility, commitment and guidance afforded our program by Anthem Blue Cross and Blue Shield cannot be overstated."
– Bob Johnston, AIKCU
Joey Payne is Executive Director and leads sales, marketing, finance and the overall strategic direction of the Coalition. Joey also serves as the University of Kentucky's Chief Benefits Officer.
A team of Coalition pharmacists led by Lucy Wells, RPh, facilitate knowledge-sharing and cost-saving strategies among the coalition's higher education, health care and public sector members.