I went to pharmacy to pick up prescription. It was $25 with my insurance. Had them check using Good RX and it was a lot cheaper. I pay my insurance company premiums and Good RX nothing so how can they be cheaper! I suspect the answer will include references to prescription benefits managers, which also doesn’t make sense. Seems like the pharmacy would buy medicine from the manufacturer or other supplier and then have a set price (like every other business) which my insurance may cover some of. How does this all work?
In: Economics
I had the same question and had looked it up. Does not directly answer your exact question, but I found it useful:
https://www.nerdwallet.com/article/health/how-does-goodrx-work
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