Goodrx: Insurance Or Not?

GoodRx is a free mobile app and website that helps Americans save money on prescription drugs. It is not a type of health plan or insurance, but a service that finds lower drug prices in local communities. GoodRx can be used instead of insurance or government-funded programs such as Medicare or Medicaid to pay for prescription medications. GoodRx prices can be cheaper than insurance copays or coinsurance charges, and it can be used by anyone, regardless of whether they have insurance or not.

GoodRx is not insurance

When you use GoodRx to pay for a prescription, you are choosing to pay without insurance. GoodRx offers significant discounts on prescription drugs for customers paying cash, but it may not be the best option for everyone. GoodRx can be used whether you have insurance, Medicare, or no insurance coverage at all. It can also be used for pet medications.

GoodRx is a free mobile app and website that helps Americans save millions of dollars every month by finding them the lowest prescription prices in their neighbourhood. It is 100% free and works for every member of your family. There are no fees and zero obligations. You can use GoodRx whether you have insurance, Medicare, or no insurance coverage at all. GoodRx can be used for your pet medications, too.

GoodRx gathers current costs and discounts for prescription drugs in a searchable online database. It lists prices from a variety of sources, including pharmacy-specific savings (for example, reduced costs for specific generic medications). You can search for the medication you need, compare prices across pharmacies, and use the GoodRx app or print out coupons to bring to your local pharmacy. Depending on your insurance plan specifics, you can save up to 80% on certain prescription drugs.

GoodRx prices fluctuate frequently – daily, weekly, or monthly. So, it might be hard to predict what you’ll pay and where you’ll have to go for your medications from month to month.

GoodRx can be used with Medicare

GoodRx is a free mobile app and website that helps Americans save money on prescription drugs. It is not a type of health plan or insurance but can be used instead of insurance or Medicare. GoodRx can be used with Medicare in the following ways:

When Medicare Doesn't Cover Your Medication

GoodRx can be used in place of Medicare when Medicare doesn't cover your medication. GoodRx offers discounts of up to 80% on prescription drugs at over 70,000 US pharmacies.

When GoodRx Prices Are Cheaper Than Your Medicare Copay

GoodRx prices are often cheaper than Medicare copays. In such cases, GoodRx can be used instead of Medicare to save money on prescriptions.

When You Won't Reach Your Annual Deductible

If you don't foresee a lot of medication expenses and know you won't meet your annual deductible, GoodRx can be used to save on prescription costs.

When You're in the Donut Hole

GoodRx can be used when you're in the "donut hole" or "coverage gap" phase of your Medicare plan, where you get less coverage for your medications. GoodRx cash prices are often cheaper than Medicare copays during this period.

To Avoid the Donut Hole

If you're approaching the donut hole and can't afford the expensive medication costs, you may be better off using GoodRx to keep future costs down.

It is important to note that you can't use GoodRx and Medicare together. If you use GoodRx instead of Medicare, ask the pharmacist to process the transaction as a "cash" payment and show them the GoodRx coupon. You can then ask your insurer to reimburse you or apply your purchase towards your deductible.

GoodRx can be used without insurance

GoodRx is a free mobile app and website that helps Americans save money by finding them the lowest prescription prices in their neighbourhood. GoodRx can be used by anyone, whether they have insurance, Medicare, or no insurance coverage at all. It can even be used for pet medications.

GoodRx can be used instead of insurance or government-funded programs such as Medicare or Medicaid to pay for prescription medications. It is not a type of health plan or insurance. GoodRx is a service that helps Americans find lower drug prices at their local pharmacies. It can be used instead of insurance whenever it offers a lower price than the co-pay.

GoodRx cannot be used at the same time as insurance. However, if you find a better price on GoodRx than what your insurance coverage offers, you can ask the pharmacist to use the coupon and process the transaction as a "cash" payment.

GoodRx can be especially useful for those without insurance coverage or for those with high out-of-pocket costs through their insurance. It can also be a good option for those with high-deductible health plans (HDHPs) who are exposed to high medication prices. In many cases, GoodRx prices beat insurance prices. For example, for a 30-count supply of 400 milligrams of Imatinib, a cancer drug, in Minneapolis, GoodRx shows coupon prices as low as $88.74, compared to a full retail price of $7,666.

GoodRx also offers a premium membership program called GoodRx Gold, which requires a sign-up and has a free one-month trial. GoodRx Gold is a separate program and does not impact the prices available through GoodRx.

GoodRx can be cheaper than insurance

GoodRx is a free mobile app and website that helps Americans save money on prescription drugs. It is not a type of health plan or insurance. GoodRx can be used by people with or without insurance, Medicare, or Medicaid. It is particularly useful for those with high out-of-pocket costs for prescription drugs, high-deductible health plans, or those whose insurance does not cover their prescription drugs.

GoodRx works by gathering prices, coupons, and savings tips for prescriptions at various pharmacies. It then provides users with coupons that can be used to obtain discounted prices when they pick up their prescriptions. GoodRx coupons can be printed or accessed on a mobile device.

GoodRx can often beat commercial insurance and Medicare copays. For example, for a 30-count supply of 400 milligrams of Imatinib, a cancer drug, in Minneapolis, GoodRx shows coupon prices as low as $88.74, compared to a full retail price of $7,666. In another example, the average retail price of Jardiance is almost $700, but GoodRx's discount brings it down to $578.

GoodRx can be a great option for those looking to save money on prescription drugs, especially if their insurance does not cover their medication or if they have high copays or coinsurance. However, it is important to note that using GoodRx instead of insurance is considered an "out-of-network" purchase, and it is up to the insurance company to decide if they will reimburse the cost or count it towards the deductible.

GoodRx is accepted at most pharmacies

GoodRx is a free mobile app and website that helps Americans save money on prescription drugs. It is not a type of health insurance or health plan. Instead, GoodRx is a service that helps Americans find lower drug prices at their local pharmacies. GoodRx can be used at virtually every one of the 70,000+ retail pharmacies in the United States, Puerto Rico, and the U.S. Virgin Islands, including major chains like CVS, Walgreens, Kroger, Rite Aid, Costco, and Walmart.

GoodRx is not insurance, and it does not satisfy the Affordable Healthcare Act mandate for insurance coverage. It is a tool that can be used instead of insurance when it offers a lower price than your co-pay. GoodRx cannot be used simultaneously with insurance or government-funded programs such as Medicare or Medicaid. When using GoodRx, you are choosing to pay without insurance, but you may ask your insurer to reimburse you or apply your purchase against your deductible.

GoodRx offers coupons and savings tips for prescriptions at virtually every U.S. pharmacy. The GoodRx price is an alternative to using insurance, not a discount on your co-pay. The GoodRx coupon tells you the cash price you can pay, which could be cheaper than an insurance co-pay or the pharmacy's usual cash price. Using a GoodRx coupon means you are making a "cash" payment for your medications, i.e., paying out of pocket without insurance.

GoodRx is a good option if you are facing high out-of-pocket costs for your prescription drugs. It can be used if you don't have insurance or if your insurance doesn't cover your prescription drug. Even if you have insurance that covers your prescription, you might still want to compare prices against GoodRx, as you may find a cheaper option. GoodRx can be especially useful if you have high co-pays or coinsurance.

GoodRx is completely free to use and does not require registration or sign-up. It offers unbiased price and coupon information to help you compare and save on your prescriptions.

Frequently asked questions