Is GoodRx a hoax?
Asked by: Carley Fritsch III | Last update: August 4, 2023Score: 4.8/5 (59 votes)
Is GoodRx Legit or Scam? GoodRx is legit. With GoodRx discount cards or discounts through their mobile app, they've helped people save up to 80% on their medications, whether they have insurance or not.
Can you trust GoodRx?
GoodRx is rated a 4.6 out of 5 on TrustPilot with over 90% of users rating the popular discount card as excellent. Unfortunately, they also have about 10% of users that rate the service as poor or bad. The most common complaints seem to be related to customer service and changing or inaccurate discount prices.
Is GoodRx a real thing?
GoodRx is free for consumers, and we do not require that you create an account to search for prices and receive discounts.
Why are GoodRx prices not accurate?
Every coupon has a different set of codes that corresponds to a specific PBM network, which determines the medication price. If you decide to only use one GoodRx coupon or card for multiple prescriptions, please be aware that prices may not match what appears on our website.
Why do pharmacies hate GoodRx?
“Pharmacies hate GoodRx's system since they lose money from the potential profit, they would have made from cash paying customers and then also lose money when they pay a fee for selling to a patient who might have used their pharmacy anyway,” says Dr. Fein.
Is Good Rx Good?
Do pharmacies lose money on GoodRx?
No, GoodRx does not make any money from direct and indirect remuneration (DIR) fees that are charged to pharmacies. Pharmacy benefit managers (PBMs) determine these DIR fees, and GoodRx does not receive any revenue from them.
How do pharmacies make money with GoodRx?
GoodRX makes part of its revenue by collecting fees from the pharmacy benefits managers, or PBMs, it works with when consumers present their GoodRx coupon at the pharmacy.
How does GoodRx make money on prescriptions?
GoodRx also makes money through subscriptions; while the platform is free to use, the company also allows users to pay extra for its Gold offering, which it launched in 2017.
Who pays for GoodRx prescriptions?
The PBM collects a per-prescription fee from the pharmacy whenever a consumer uses a discount program at a pharmacy. The PBM shares a portion of this fee with GoodRx, which directed the patient to the pharmacy. The GoodRx team has built and scaled a robust platform for monetizing the three steps above.
What is the monthly fee for GoodRx?
How much is a GoodRx Gold membership? GoodRx Gold is free for 30 days, after which you'll pay $9.99 per month for individuals. For families, choose our $19.99 per month plan and add up to 5 family members, including pets. GoodRx Gold is an excellent way to save for any family that takes multiple prescriptions.
Who runs GoodRx?
The Santa Monica, California-based startup was founded in September 2011 by Trevor Bezdek and former Facebook executives Doug Hirsch and Scott Marlette. Marlette was one of the first 20 employees at Facebook and built Facebook's photo application.
What is the story behind GoodRx?
In 2010, Doug tried to fill an alarmingly expensive prescription from a doctor, and decided to shop around for a lower price. He quickly realized that Americans lacked a one-stop destination for prescription discounts and prices. That experience was the spark that started GoodRx.
Is GoodRx better than Medicare Part D?
GoodRx can also help you save on over-the-counter medications and vaccines. GoodRx prices are lower than your Medicare copay. In some cases — but not all — GoodRx may offer a cheaper price than what you'd pay under Medicare. You won't reach your annual deductible.
Can you use GoodRx at Walmart?
GoodRx discounts are still accepted at Walmart and Sam's Club. If you have issues using a GoodRx discount at a Walmart or Sam's Club, please have the pharmacist call 1-866-921-7286. Thanks!
Who are GoodRx competitors?
- Blink Health.
- Pharmacy Checker.
- Optum Perks.
- SingleCare.
- WellRx.
- Costco MPP.
- SaveonMeds.
- RxSavings Plan.
Is AAA GoodRx better than regular GoodRx?
Even if you have health insurance to pay for your prescriptions, insurance co-pays are often higher than the discounts provided by GoodRx. AAA members can save up to 85% on prescriptions with GoodRx.
Does AARP have prescription discounts?
Through AARP Prescription Discounts provided by OptumRx, AARP members and their dependents receive average savings of 61 percent on FDA-approved prescriptions not covered by their current insurance. Meanwhile, AARP continues to champion the wise use of medicines to help people take control of their health.
Is GoodRx Gold membership worth it?
It depends on your needs. GoodRx Gold does provide better discounts, but comes at a monthly cost. If you have a prescription that falls into its “top 1000” prescription drugs, then you could save big each time you use it at the pharmacy.
Is GoodRx FDA approved?
GoodRx lists virtually all FDA-approved prescription medications, including brand-name and generic drugs; we even list vaccines! GoodRx cards and coupons never expire and can be used as often as necessary. Over 325,000 professionals recommend GoodRx to educate and empower their patients.
What does Rx stand for?
Rx is commonly known to most as the symbol for a medical prescription. However, the symbol is derived from the Latin word recipe or “recipere,”which means to take. The word was later abbreviated and became Rx as we know it today.
Does GoodRx require prescription?
Get a prescription.
You don't need a prescription to buy these products, but you do need a prescription to receive the GoodRx discount. Healthcare providers often write prescriptions for these products.
How do I cancel GoodRx?
Once you are logged in to your account, click GoodRx Gold under the Your Account menu. Under your GoodRx Gold Membership Plan Details, click the Cancel Membership button. Once you click Cancel Membership you will get a pop-up message to confirm the cancellation.
What is the difference between GoodRx gold and GoodRx?
The big difference between GoodRx and GoodRx Gold is that you have to pay a membership fee to use GoodRx Gold. However, the Gold membership offers even better prices and more convenience of using a single card.
Does Walgreens use GoodRx?
Current Walgreens Pharmacy Prices and Discounts
Use GoodRx to look up prices and discount coupons at Walgreens Pharmacy and save up to 80% on your prescriptions.