One question we’ve been getting from many people lately is about what the Rx BIN and GROUP numbers mean on Prescription Discount Cards. You’ll notice that all prescription discount cards utilize Rx BIN and GROUP numbers on the front. Many also feature a Member ID number, which we’ll also explain. Here’s a quick primer on what the Rx BIN and GROUP numbers mean and why they are important:
All pharmacies use Rx BIN and GROUP numbers for processing prescription drug claims. If you take a look at your or a friend’s insurance card, you’ll notice that it features the same numbering convention. Discount Drug Network, in order to negotiate and offer the best pricing possible to our cardholders, utilizes this exact same numbering convention. This is why using the FREE Prescription Discount Card at the pharmacy should be exactly the same as using your insurance ID card to the pharmacy. It’s simply a different Rx processing network to them and they shouldn’t have a preference which network you utilize. It’s also why it’s very easy for the pharmacy to check your prescription price using both cards, if you have insurance. If you do have insurance, Discount Drug Network recommends you always show both the Prescription Discount Card AND the insurance card to the pharmacist, and ask him to check the price with both. You’ll always then be sure you’re getting the best price!
You might be shocked at how often we can beat your insurance company’s prescription pricing or co-pay amount. As our network of cardholders has grown, Discount Drug Network continues to aggressively negotiate the best pricing we can for our cardholders. The more you use our card, the better our collective negotiating power becomes with the pharmacies.
Getting Help with Rx BIN and GROUP numbers on your Prescription Discount Card
If your pharmacist isn’t sure what to do with the Prescription Discount Card, be sure to simply check the price online at http://www.discountdrugnetwork.com/drug-pricing/ or call us at 1-877-537-5537. We can help verify your pricing or help you find a neighborhood pharmacy that offers the lowest pricing. You’d be surprising at how much pricing varies by pharmacy, so don’t feel bad about calling us! We’re here to help.