Drug costs have been the fastest growing component of healthcare costs for the past 5 years. Prescription costs have seen double digit growth, and are expected to be near $400 billion by 2013. In addition, there are an estimated 45 million people without a prescription benefit program.

There is relief in sight! In response to recent requests, RxCut® Plus is proud to offer a free Prescription Discount Card Program to its members!

The RxCut® Plus Prescription Drug Program allows you, your family and your friends to easily save money on prescription drugs. This is not insurance; it’s a way for you to receive significant discounts on prescription drugs at most pharmacies. You can now save up to 75% off prescription drugs at participating pharmacies nationwide, and even more through our mail order program.

At RxCut® Plus, we’re dedicated to helping those without prescription benefits with their pharmacy needs.

FOUNDER AND CEO

Gerard Ferro is a Founder & CEO, Inc. 500 Executive, inventor, author, and entrepreneur who is recognized nationally for expertise in healthcare, healthcare technology and pharmaceutical plan management.

• Starting as client Advocates in 2001 and auditing PBM's, SUNRx quickly realized a solution based upon Integrity, full disclosure and 100% pass through of all rebates and market share allowance was desperately needed in the marketplace.
• SUNRx created the FIRST transparent pricing model in the industry, offering retail and mail order programs options.
• The SUNRx transparent model assures significant reductions in Client’s current prescription plan costs. Minimum Client savings have been 10% and as high as 24%.
• Created industry revolutionizing Point-of-Sale technology.
• SUNRx experienced growth exceeding 2000% since 2003.

The value proposition for its SUNRx combined with the high level of customer service offered fueled its growth allowing it to achieve the following awards:

• Three time winner on the Inc. 500 list including a #5 ranking in 2006 Inc. 500, a list of the nation’s fastest-growing private companies.
• The Philadelphia Business Journal and the Center for Innovation and Entrepreneurship at Rowan University ranked SUNRx as a three time winner, including two top ten finishes and a #1 spot.
• Two top ten finishes including a #1 spot on the South Jersey 25, a list of the fastest-growing companies in Southern New Jersey.
• Three consecutive top 20 finishes on Entrepreneur PricewaterhouseCoopers Hot 100 including a #3 ranking in 2006.
• Two top ten finishes, including a #1 spot on the Philadelphia 100.

• First Third Party Administrator (TPA) to deploy imaging technology and artificial intelligence in claims administration.
• The software provided a significant claims processing increase over industry norms of 40 claims per examiner a day to well over 300 transactions a day. The sophistication of the systems 650 edit checks on every line item allowed claim accuracy to improve 28% over any other competing product.
• Developed the largest physician and hospital network in Southern/Central New Jersey with a reciprocal license for access to Pennsylvania physicians and hospital.
• Served on the GLOBAL EXCESS Reinsurance TPA Advisory Board.
• Three time recipient of the Pennsylvania General Agent and Managers Association General Manager of the Year Award.
• Two time recipient of the Philadelphia Association of Life Underwriters, Norman Rowley Award.
• Recipient of the Re-insurers’ Most Advanced Technology and TPA of the year awards.
• Named in Top 10 of Who’s Who in Insurance.
• Sold to Blue Cross/Blue Shield in 1996.

• Was involved and assisted authorities auditing Third Party Payers and assisting in fraud detection programs.
• Provided expert testimony at a Senate Sub-Committee meeting on Pharmacy Benefit Management (PBM) Fraud and practices.

• Executive Leaders Radio Program WWDB
• The Growth Strategist™ & The Growth Strategist™ Where are they now?
• VoiceAmerica® Business Channel (www.business.voiceamerica.com).
• American Alliance Conventions 2003, 2004, 2005
• Pennsylvania Buyers Coalition
• Interviews; Wall Street Journal, Fox News, Channel 6 News, Entrepreneur Magazine, Inc. Magazine, Courier Post, Inquirer, Philadelphia Business Journal