Consumers get discounted drugs using the discount prescription cards, but who is funding them? Pharmaceutical Companies, Pharmacies, Insurance, etc.? Basically, there is a transaction fee paid by the pharmacy to the pharmacy benefit manager on all pharmacy transactions normally. These pharmacy discount cards enable consumers to access the PBM-negotiated prices with the pharmacies. For pharmacies, there… [Read More…]
Insurance companies
How do prescription discount cards work?
Have you ever wanted to know: “How do prescription discount cards work”? There is a lot of confusion and misconception out there about these popular Prescription Discount Cards work and how they are able to be provided for free. Let me assure you – the cards work and they have helped millions save money, but… [Read More…]
Americans pay more for prescription drugs
Did you know that most Americans pay more for prescription drugs than they should? Between paying co-pays for insurance when cash could be cheaper and not using Prescription Discount Cards when paying cash to get the best price, Americans overpay on a regular basis, especially for generics. Did you know that if you pay cash… [Read More…]
How to find the lowest cost for your prescription medications
Are you trying to find the lowest cost for your prescription medications? It might shock you to learn that different pharmacies, located possibly within blocks of each other, might charge drastically different pricing for the exact same medication. And, worse, the differences are unpredictable, change over time, and vary for different medications, dosages, and brands. How… [Read More…]