In this article you will find answers to all your questions about GoodRx. Do you present your health insurance card at the pharmacy when filling a prescription, assuming you will receive the best price? Possible overpayment.
Numerous prescription drugs, especially generics, have cash prices that are lower than insurance copayments.
How GoodRx Works?
GoodRx is a website and mobile application that identifies low-cost medications and their locations. It performs all comparison shopping on your behalf!
Even at the doctor’s office, you can compare prices to ensure you can afford your new prescription.
When you find the best deal, print it or have it sent to your mobile device. Users of the app can simply present the coupon on their device to the pharmacist.
Learn more about GoodRx and how it can help you save money by reading on.
How to Buy From GoodRx?
Simply go to GoodRxcom or use the mobile app to find the best deal on your medication.
Here’s a exaple for a medicine named Proair GoodRx:
Type the Medicine Name
Select the drug you want to buy from the drop-down list and click ‘Start Saving’ button.
Page of Medicine
Here you can find a short informative article about the drug, the lowest price and average retail price on GoodRx, in the ‘more’ section. In addition, you will be provided with a list of pharmacies near you with the lowest prices.
Choose the Pharmacy
On the right, you can sort pharmacies by popularity or drug price.
You can also see the pharmacy name, the drug price, the discount rate, and the pre-discount retail price on this page.
Now, next to the pharmacy where you want to shop, click the ‘Get free savings’ button.
Get the Free Coupon
Remember to double-check the drug information and pharmacy in this free coupon you received.
This coupon can be obtained by using the blue buttons below, from left to right, via message, email, and printing.
Do All Pharmacies Accept GoodRx?
More than 70,000 pharmacies in the United States accept GoodRx, including Costco, Kroger, Walmart, CVS, Rite Aid, and Walgreens.
When you search for a medication on GoodRx, the drug price page will list all pharmacies.
By contract, participating pharmacies must accept GoodRx coupons. If your pharmacist refuses to accept them, please contact GoodRx at (855) 268-2822.
Also read: Amazon pharmacy … Your full guide
Do I Have to Sign Up GoodRx?
GoodRx is unique in that you do not need to register with your email address, phone number, Facebook account, or any other personal information in order to receive prescription drug discounts.
Simply enter your medication information into the website or mobile app to see if you can save money!
How Much Can You Save With GoodRx?
GoodRx asserts it can save customers up to 80% on the cost of prescription medications.
Consider the following prices that I discovered on GoodRx for 30-day supplies of five popular generic medications:
- Lipitor (Atorvastatin): $7.95
- Euthyrox (Levothyroxine): $1.26
- Proair HFA (Albuterol): $16.79
- Cymbalta (Duloxetine): $12.69
- Norvasc (Amlodipine): $4.50
- Colcrys and Mitigare (Colchicine): $25.93
GoodRx recommends giving your pharmacist a new coupon each time you fill or refill a prescription to ensure you always pay the lowest price.
How to Use GoodRx Gold
GoodRx is free to use, but there is a monthly fee for a premium membership.
By offering 1,000 medications for less than $10, GoodRx Gold promises to save customers even more money.
GoodRx Gold Price
There is a free trial that lasts for a period of 30 days. The monthly cost of GoodRx Gold is $9.99 for individuals and $19.99 for families with up to six people, including pets. Individuals pay the lower price.
Can I Use My Insurance With GoodRx?
GoodRx is not compatible with health insurance or government programs such as Medicare and Medicaid. Therefore, you cannot use GoodRx and insurance at the same time.
Compare the price on GoodRx to your insurance co-payment to determine which is cheaper. GoodRx can always be substituted for insurance coverage.
According to GoodRx, “GoodRx coupons outperform insurance frequently.” GoodRx users paid less than the average insurance contribution 37% of the time for the top 100 drugs, saving up to 54%.’
Also, from the frequently asked questions page of GoodRx, here is a useful piece of advice:
“If you choose to use a GoodRx coupon or your GoodRx Gold membership, it’s important to ask the pharmacist not to run your prescription through your insurance or Medicare (Beware: This tends to happen often). Ask that the pharmacist use the coupon or Gold card to process the transaction as cash instead.”
Is My Medical Data Safe With GoodRx?
GoodRx asserts that it generates revenue through advertisements and referral fees, as opposed to the sale of personal medical information. The company has stated that it will not do this.
However, GoodRx occasionally shares data. According to the business:
GoodRx shares data for advertising and analytics purposes, as is common among businesses. “And the small amount of data shared cannot be traced back to a specific individual,” a GoodRx representative told Clark.com. GoodRx has also gone above and beyond by providing all users with an opt-out and data deletion option.
Also read: What are the Most Expensive Medicines
Is There Only Generic Drugs at GoodRx?
Generic drugs can be significantly less expensive than their brand-name counterparts, even in cases where the generic and brand-name versions contain the same amount of the relevant active ingredients.
When conducting a search for medications on GoodRx, you will typically see generic options listed first. You can also compare the prices of recognizable brand-name medications.
GoodRx Care
HeyDoctor powers GoodRx Care‘s online medical services.
Patients can use the service to chat online with a board-certified medical professional about common health issues like high cholesterol, urinary tract infections, acne, and hair loss prevention.
You can get lab testing and prescription discounts with GoodRxCare. Prescriptions can be obtained at your local pharmacy or delivered to your home.
Private consultations, according to Good RxCare, take 10 minutes or less and do not require a video or phone call.
GoodRx Care phone number is (415) 237-1378.
GoodRx Care Price
Prices for medical services start at $19 for Gold Members per visit and $49 for those who are not members (visits that include lab tests cost a bit more). You can search for a discount code for GoodRx Care on a number of different websites as well.
How is GoodRx Reviews
GoodRx received an average rating of 3.4 from 783 TrustPilot users. Eighty percent of customers think the popular discount card is great, while fourteen percent think the company is terrible. Customer service and pharmacy discounts that change or are not honored appear to be the most common complaints. Your experience will most likely be determined by the situation and pharmacy where you attempt to redeem your coupon.
Do Pharmacies Lose Money When They Use GoodRx?
Unfortunately, many pharmacies lose money by accepting GoodRx. Prescription margins are already razor thin, and GoodRx’s fee on top of the PBM will almost certainly drive them into the red.
So, why do they do it?
Some pharmacies believe that by accepting these coupons, they will be able to attract more customers, allowing them to sell additional non-prescription products and possibly earn future business from the customer.
Even though the pharmacy will lose money on each prescription, the additional business is expected to compensate. Another reason why many independent, non-chain pharmacies refuse or despise GoodRx is because of this. Prescription drugs account for the vast majority of their revenue.
Unlike CVS or Walgreens, an independent pharmacy is unlikely to be able to offset a loss on a single prescription by selling convenience store items (i.e. greeting cards, snacks, etc.). This can be disastrous for smaller pharmacies that are unable to absorb such losses.
How does GoodRx make money?
When a prescription is filled using a GoodRx code, PBMs typically pay referral fees to GoodRx. This is the primary source of revenue for GoodRx. Pharmacy benefits managers, also known as PBMs, collaborate with health insurance providers to manage a wide range of administrative responsibilities that are connected to prescription medications. Concerning the role they play in the rise of overall costs and the prices of prescription medications, they have been the subject of much discussion.
The following is an overview of the various ways in which GoodRx generates revenue from PBM referral fees:
- The customer provides a coupon for GoodRx that is still active.
- Similar to how insurance companies do it, pharmacies need to enter their BIN and PCN numbers into the PBM.
- PBM will provide a price, and the pharmacy will be charged a fee that is proportional to the price.
Competitors of GoodRx
Although using GoodRx has resulted in significant financial savings for me over the past few years, you should keep in mind that it is not your only available choice.
When I was researching this, I also checked out LowestMed, which is a website and mobile app that is very similar to GoodRx. After completing the acquisition of LowestMed in May of 2018, RetailMeNot renamed the service RetailMeNot RxSaver.
Checking either of these services before filling your next prescription can help you ensure that you are getting the best possible deal on your medication.