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> That’s why a consumer without insurance saves money by having access to a PBM’s network rate, which is lower than the cash price. GoodRx provides a convenient
by bmarquez 6y ago
> That’s why a consumer without insurance saves money by having access to a PBM’s network rate, which is lower than the cash price. GoodRx provides a convenient and user-friendly interface for finding these PBM rates. Essentially, GoodRx is a PBM-backed program that passes a portion of rebates and network discounts off list directly to patients at the point of sale.
Having had to deal with this hassle in the past, I'm glad GoodRx exists. I don't know of any other industry that charges a higher cash price than medical insurance price.
Note: Costco pharmacy is slightly more competitive if you want your prescription mailed to you. Like GoodRx, you can compare pricing on Costco's website.