seems like it'd be sensitive to changes in healthcare policy as someone else mentioned eg step changes in drug pricing regulation that would make it less useful for someone to comparison shop drugs even with insurance.
in a sense, they try to solve a huge problem with our healthcare system with duct tape when fundamental change needs to come from policymakers to create "real" change.
They are also dependent on large pharmaceutical chains to accept GoodRx. Walgreens and CVS make little money on those prescriptions, and may lose money, and on top of that need to do more POS data entry to accept the coupon, so they only accept GoodRx to make customers happy and get store foot traffic. That’s not to say the situation is unstable for GoodRx but it is a risk.
Interesting. When I've checked GoodRX, Walgreens and CVS have had much worse GoodRx prices than grocery stores or Walmart. I can't see it driving foot traffic to them - it led me away from them!
Indeed. Have used GoodRx since inception, plus Canada-UK. Costco is best, especially when you get your MD to prescribe 365 pills. Then come the supermarkets. Rarely CVS or Walgreens.
Going on 8 years, I realized insurancee pharma was a total scam. With United Healthcare, I paid less in cash than their OptumRX bullshit benefit.
I keep a spreadsheet of drug quotes and purchases.
Finally beware of Walmart. Every indication is that they have a team to game GoodRx. Satisfaction less than 50% of the time. I once contacted David Hirsch via LinkedIn and got an immediate reply.
It's not much more data entry than entering in an insurance card. But yes, they are dependent on being accepted by large chains. I believe GoodRX was not accepted at CVS for a long time
It is more entry per customer because GoodRx must be entered for each transaction (or at least the initiation of each new prescription.) One insurance card stays on a customer’s file for a year or more.
