What’s going on with prescriptions? I have saved more than $100 for each of two prescriptions in the past couple weeks using GoodRX. I usually have obtained my prescriptions at a nearby CVS; however, recently I discovered that prices at CVS with insurance coverage are more than 10X the price I get using GoodRX at pharmacies located at nearby grocery stores which are not using my insurance coverage at all!
How can this be? The shopping center pharmacies must be getting these drugs at discount prices and returning the savings to the GoodRX shopper; whereas, CVS/Aetna are probably getting the same discounted drugs and, because most people don’t know that they can get the prescriptions at so much less or just don’t know how to use an app on their phone, they are giving CVS/Aetna a huge profit margin.
This just can’t go on for long. CVS/Aetna will figure out that they are losing customers to the less expensive shopping center pharmacies. Or they will continue to make the large profits because the managers resist having a substantial drop in profits from these medication sales. Eventually they will lose their jobs when the profits drop off and it is too late as their customers have switched to the shopping center pharmacies.
I recommend you start using GoodRX. It’s easy, after downloading the app on your phone, just put your drug name, dose and number of months for the prescription, and pick a local provider near you with the best price. Then show the result when you go to that provider to get your prescription. The store may have to get your prescription from your usual prescription provider, or just simply have your doctor send the prescription to that store.