Is GoodRx better than Medicare Part D?

Asked by: Savion Braun V  |  Last update: March 5, 2023
Score: 5/5 (58 votes)

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.

Is GoodRx good for Medicare Part D plan?

Can you use GoodRx Coupons with Medicare Part D? GoodRx Coupons and Medicare Part D cannot be used in conjunction. This is due to a federal government statute, also known as “anti-kickback”, that prohibits Medicare beneficiaries from using manufacturers or discount drug coupons with their drug plan.

Why are GoodRx prescriptions cheaper?

When these customers use a GoodRx coupon to get a prescription at a more affordable rate, they're not using their insurance—and so the PBM with the lowest contracted price at the pharmacy and GoodRx captures the revenue from the transaction, rather than the PBM that works with that individual's health plan.

Is there something better than GoodRx?

WellRx. WellRx or ScriptSave WellRx as it is also known as is one of the best GoodRx alternatives that's available in the United States, as well as Guam and Puerto Rico. Its network of practising pharmacies is over 65,000 strong and comprises major pharmacy chains and independent pharmacies.

What company competes with GoodRx?

GoodRx's top competitors include Doctor on Demand, MDLIVE, Amwell and Teladoc Health. GoodRx is a company that provides a real-time market-intelligence platform to compare drug prices. Doctor on Demand is a mobile app providing access to doctors, psychologists, and other healthcare providers.

Goodrx vs. Medicare Part D | Which Should You Get?

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Why is GoodRx the best?

GoodRx promotes itself as a company that allows you to compare drug prices and find coupons at over 60,000 pharmacies across the country. Sounds great right? Well, unfortunately there is a catch. GoodRx only works if you are paying without insurance, which is how less than 5% of prescriptions are paid for.

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.

How accurate is GoodRx?

GoodRx says the prices listed on the app are “generally very accurate.” However, you can call 1-855-268-2822 to speak with customer support if there's a price dispute at checkout. This is important: Do not pay for your prescription, go home and then contact GoodRx.

Does GoodRx save you money?

How Much Can You Really Save With GoodRx? GoodRx says it can save consumers up to 80% off the price of prescription drugs. From my experience, the app does a great job of highlighting $4 generics and even medications that are 100% free!

Is GoodRx better than Medicare?

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.

How many times can you use GoodRx?

Unlike manufacturer copay cards, GoodRx coupons have no eligibility requirements, no activation step, and no restrictions on how many times the coupon can be used.

How much does GoodRx cost per month?

GoodRx Gold is a monthly membership program that provides dramatic discounts on prescription drugs and healthcare services for you and your family. For $9.99/month, GoodRx Gold membership provides exclusive access to low drug prices for individuals.

Do all pharmacies accept GoodRx?

What are GoodRx coupons? GoodRx coupons will help you pay less than the cash price for your prescription. They're free to use and are accepted virtually every U.S. pharmacy.

How does GoodRx get paid?

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.

What is the story with 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.

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 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.

Can I use a prescription discount card with Medicare Part D?

The short answer is no. If you're on a Medicare prescription drug plan, you won't be able to use drug discount coupons. In this article, we'll explore the rules regarding drug discounts with Medicare, when to use coupons instead of your Medicare plan, and other ways to save money on your prescription drugs.

What is the best app for prescriptions?

The 7 best prescription reminder apps and tools
  • Medisafe Pill Reminder. ...
  • Mango Health. ...
  • Bedsider Reminders. ...
  • MyTherapy Medication Reminder and Pill Tracker. ...
  • Pill Reminder All in One. ...
  • TabTime Vibe Vibrating Pill Reminder. ...
  • MedMinder.

Is there a charge for GoodRx gold?

How much does a GoodRx Gold membership cost? GoodRx Gold currently has a special offer where you can get a free membership for 30 days. After that, monthly plans will cost $9.99 for individuals and $19.99 for families.

How many employees work at GoodRx?

GoodRx Culture At a Glance

Overall, the 278 GoodRx employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Can you use GoodRx on top of insurance?

Keep in mind that you cannot use GoodRx and insurance at the same time. However, you can use GoodRx instead of insurance or government-funded programs, such as Medicare or Medicaid, to pay for your prescription medications. GoodRx is not insurance.

What is the difference between GoodRx and GoodRx gold?

GoodRx vs. GoodRx Gold: What's the difference? Just like GoodRx, GoodRx Gold gives you access to drugs at discounted prices at popular pharmacies in your area. The big difference between GoodRx and GoodRx Gold is that you have to pay a membership fee to use GoodRx Gold.