Wipro’s Medicare Prescription Payment Plan
Platform will streamline prescription payments
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
technology services and consulting company, today announced they
have been selected by Independent Health, Western New York’s only
5-Star Rated Medicare Advantage Plan, to implement Wipro’s Medicare
Prescription Payment Plan (MPPP360) platform for the upcoming open
enrollment period.
Starting in 2025, the Medicare Prescription Payment Plan will
allow enrollees to make capped monthly payments for out-of-pocket
prescription drugs, amongst other changes. The new law aims to
improve access to affordable treatments and strengthen
Medicare.
Wipro’s MPPP360 platform will assist Independent Health in
streamlining the payment process to seamlessly integrate these new
provisions, simplifying prescription cost management for Medicare
recipients in Western New York.
Narayan Iyer, Vice President, Healthcare, Wipro Limited,
said “We are excited to introduce our Medicare Prescription Payment
Plan360 platform, better known as MPPP360, to Western New York.
This project exemplifies our dedication to transforming the
Medicare landscape through innovative technology solutions.
Together with Independent Health, we are committed to enhancing
efficiency and convenience for beneficiaries, thereby elevating
their healthcare journey.”
“Independent Health prides itself on being a leading, highly
rated, Medicare Advantage plan. With the forthcoming changes to
Medicare Part D, and the pharmaceutical industry’s continued
escalation of prescription drug pricing, we want to make sure our
members can afford their medications. It is important that our
members have access to their medications and take them as
prescribed to maintain their health and well-being,” said Dawn
Odrzywolski, Vice President, Medicare Programs, Independent
Health. “This prescription drug payment program complements our
efforts to provide our members with innovative solutions to meet
their varying healthcare needs, which in turn supports our efforts
in achieving our industry leading 5-Star rating from CMS for three
consecutive years.”
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
technology services and consulting company focused on building
innovative solutions that address clients’ most complex digital
transformation needs. Leveraging our holistic portfolio of
capabilities in consulting, design, engineering, and operations, we
help clients realize their boldest ambitions and build
future-ready, sustainable businesses. With over 230,000 employees
and business partners across 65 countries, we deliver on the
promise of helping our customers, colleagues, and communities
thrive in an ever-changing world. For additional information, visit
us at www.wipro.com.
About Independent Health
Independent Health is an independent, not-for-profit health plan
headquartered in Buffalo, New York, providing innovative health
care products and benefits designed to engage consumers in their
health and well-being. Established in 1980, Independent Health
offers a comprehensive portfolio of progressive products including
HMO, POS, PPO and EPO products, Medicare Advantage and Medicaid
plans, individual Exchange products, consumer-directed plans,
health savings accounts, and coverage for self-funded employers.
Our subsidiaries and affiliate companies include a third-party
administrator of health benefits, pharmacy benefit management,
specialty pharmacy and the Independent Health Foundation. In all,
Independent Health and its affiliates serve a total of more than
550,000 lives across the country. Independent Health has been
recognized nationally for its award-winning customer service,
dedication to quality health care and unmatched relationships with
physicians and providers. For additional information, visit
www.independenthealth.com.
Forward-Looking Statements
The forward-looking statements contained herein represent
Wipro’s beliefs regarding future events, many of which are by their
nature, inherently uncertain and outside Wipro’s control. Such
statements include, but are not limited to, statements regarding
Wipro’s growth prospects, its future financial operating results,
and its plans, expectations and intentions. Wipro cautions readers
that the forward-looking statements contained herein are subject to
risks and uncertainties that could cause actual results to differ
materially from the results anticipated by such statements. Such
risks and uncertainties include, but are not limited to, risks and
uncertainties regarding fluctuations in our earnings, revenue and
profits, our ability to generate and manage growth, complete
proposed corporate actions, intense competition in IT services, our
ability to maintain our cost advantage, wage increases in India,
our ability to attract and retain highly skilled professionals,
time and cost overruns on fixed-price, fixed-time frame contracts,
client concentration, restrictions on immigration, our ability to
manage our international operations, reduced demand for technology
in our key focus areas, disruptions in telecommunication networks,
our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the
success of the companies in which we make strategic investments,
withdrawal of fiscal governmental incentives, political
instability, war, legal restrictions on raising capital or
acquiring companies outside India, unauthorized use of our
intellectual property and general economic conditions affecting our
business and industry.
Additional risks that could affect our future operating results
are more fully described in our filings with the United States
Securities and Exchange Commission, including, but not limited to,
Annual Reports on Form 20-F. These filings are available at
www.sec.gov. We may, from time to time, make additional written and
oral forward-looking statements, including statements contained in
the company’s filings with the Securities and Exchange Commission
and our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
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Media Contact: Wipro Media relations
media-relations@wipro.com
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