Prescription drug prices vary wildly across different pharmacies and contribute to the high cost of healthcare in our country. On average, an American spends about $1200 per person per year, more than anyone in any other country.
What is GoodRx?GoodRx is a startup that created an online website and phone app platform that tracks the prices of different prescription medications. Users can find information on drug prices near them, compare them to various pharmacies, AND get free coupons for discounts.
GoodRx checks over 70,000 pharmacies nationwide in the United States and receives millions of visitors each month.The mobile phone app for Good Rx is ranked number one for medical apps for iOS and Android.
There is no need to input any personal information in the GoodRx site or app. It’s free to use and works like this:– Go to the homepage at Goodrx.com– Input the medication you are looking for
How Do They Make Money?Given that the website is free for users, you may think that this is too good to be true.However, there are no surprises or hidden costs. They earn income through advertisements on their site and referral fees.
Pros Of Using GoodRx
The cost savings
The website makes comparing prescription drug prices easy. As a result, the average customer who uses GoodRx saves approximately $355 a year on their prescription medications.
It’s Free and Easy To UseNot having to pay upfront to use the service is a great bonus and just adds to the cost savings. Plus, how nice is it not to have to worry about inputting your personal information in yet another app!
There is a subscription service
If you take a lot of prescription medications or have family members who do, GoodRx has a subscription plan for $5.99/month (individuals) or $9.99/month (family) called GoodRx Gold. With it, you get access to even more discounts and can use it to cover up to six family members.
It’s Versatile
This service can be used at any pharmacy across the entire country, Puerto Rico, and the U.S. Virgin Islands. Also, all the major pharmacy chains are available, including CVS, Walgreens, Kroger, Rite Aid, Costco, and Walmart!
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