50+
Years of experienceSitting on the Sidelines is No Longer an Option
Join the Revolution Today!
The time has come to help your patients choose insurance plans that keep them in your pharmacy. You will experience the following benefits of this service:
- Keep patients in the pharmacy
- Improved profitability by plan optimization
- A new revenue stream by collecting the commissions on the insurance products
We are onboarding new agents now!
Onboarding will be done on a first-come, first-served basis. Enter your contact information now to save your spot and avoid unnecessary delays.
Partner with One of Our Internal Agents
You can participate in a revenue share without having the commitment of running a full time insurance agency. This solution is perfect for the following:
- Time strapped pharmacy owners who want to make money but don't have the time to commit to this full time
- Pharmacy owners who want to dip their toes into the water before diving in (this is a great stepping stone to owning and managing a full time agency
- Pharmacy owners who start a little later than planned but want to make money in this years Open Enrollment (Medicare Annual Enrollment Period)
Set up a time with Ben Coakley if you are interested in learning more about partnering with one of our agent.
We chose to partner with the Pharmacy Insurance Group because of the trust we have in their commitment to the success of independent pharmacies, our patients, and our communities.
Whit Moose, RPh
Mt. Pleasant, NC
I started an RxIG (Pharmacy Insurance Group) agency because it just made sense. Before RxIG, another agent was getting the commission every time I would enroll my patient into a plan. So, I asked, “Why not me?” Now I am building my insurance portfolio and my new bank account shows my accomplishment that doesn't have anything to do with the DIR fees the pharmacy has to pay.
Rebecca Reed, RPh - Reed Family Pharmacy
Ardmore, Oklahoma
Why You Should Become an Agent or Start an Agency
Whether you realize it or not, there is an intentional effort to remove patients from your pharmacy. Preferred networks, DIR fees, and the increase in mail-order pharmacies has made this more of an issue than ever before.
The Pharmacy Insurance Group is one way to fight back.
The program makes it easy for pharmacy owners to become agents or get family members licensed and/or own their own insurance agency with their own agents.
Benefits of Owning an Insurance Agency:
- It is best for patients because it gives them the option to choose a plan that allows them to keep using your independent pharmacy (Medicare patients in particular)
- It is best for patients because customized strategies can be created to meet their needs at their preferred and trusted pharmacy (your pharmacy)
- Independent pharmacies are already providing advice like insurance agents but are not getting paid for the time and energy they spend on their efforts
- It is a great diversification strategy for non-prescription revenue
- It is more profitable than the reimbursements for filling prescriptions
- It creates a separate LLC, which is a marketable asset should you choose to divest
- There are minimal start-up costs
- It can dramatically improve the chances of a successful transition plan to the next generation of independent pharmacy owners