Can someone explain how these free cards work to give a better price than the paid-for policy?e prescription drug plan my company offers. My doctor suggested I use the GoodRX card and the price was about one-eighth (!!) of the first quote.
Can someone explain how these free cards work to give a better price than the paid for policy?
NB: the drug plan through my company is actually highly rated, so it’s not a scam.
In: Other
Prescription drug pricing is extremely complicated. GoodRx will have a contract with some kind of pharmacy benefit company which sets the rates you’ll pay to purchase drugs via them, a bit as if they were acting like your insurance company. In this case it sounds like GoodRx (or one of its benefit companies) has negotiated a better rate for that drug than your own insurance company did. GoodRx will make money by charging a fee to the pharmacy and by collecting and selling data on health information.
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