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GoodRx is partnered with PBMs which is why the pharmacies accept discount programs like that, because it's contractually required if they want to work with that
by sct202 7y ago
GoodRx is partnered with PBMs which is why the pharmacies accept discount programs like that, because it's contractually required if they want to work with that PBM on other plans. https://www.drugchannels.net/2017/05/five-fun-facts-about-new-express.html?m=1 https://www.drugchannels.net/2017/05/five-fun-facts-about-ne...
- lotsofpulp 7y agoThis was before Cigna (health insurance company) bought Express Scripts. I don’t see what the insurance company, who is paying for the medicine, gets out of having GoodRx in the middle.
- maxerickson 7y agoIt's an alternative to insurance, if you use GoodRx the pharmacy doesn't bill your insurance.
- beams_of_light 7y agoAm I the only one bothered by the fact that we're already paying for insurance, which is supposed to not only negotiate lower prices for drugs for us, but also pay for a percentage of the cost at the pharmacy? The last few times I have been prescribed something, it was better to use GoodRx than make a prescription claim with my insurance company. So, we're being weaned away from that, paying in a more direct manner for drugs, but still paying the same for insurance. We're overwhelmingly accepting the stealth downsizing of our insurance plans, and praising the people doing it.
- maxerickson 7y agoIt's not the insurers driving it though, as far as I can tell anyway. It'd be interesting to see a couple worked examples of why their prices end up lower.
- ceejayoz 7y agoWhich means you're not eating into your insurance's deductible or out-of-pocket max for the year. In many cases, that's not going to make financial sense.