Prescription drugs: they save your life but have completely crazy pricing in the United States. I take a slightly uncommon medication daily. I have insurance with Anthem CA. The medicine costs me $4/day at Walgreen’s. That seemed expensive so I shopped around and found my way to GoodRx, which gave me a coupon for $1/day at the same Walgreen’s. 75% off WTF?

GoodRx has an article explaining how it works. They are a marketing middle-man, a comparison shopping site. They work with several Pharmacy Benefit Managers to get pricing for drugs. Then they pick the PBM with the best price and you use their RxGroup pricing code at the pharmacy. Presumably GoodRx gets a kickback. My Anthem insurance has a PBM that should be getting me good pricing, but GoodRx did better. The drawback is my insurance didn’t even see the purchase, so it does not apply to my deductible. I might be able to fix that with a letter.

A key part of this is that the drug I take is available as a generic. There’s a lot less price flexibility for drugs still under patent. OTOH this exact same generic I take is available from a Canadian or Indian pharmacy for $0.50/day, so US pricing is still unusually high.

Blink Health is a competitor to GoodRx, I have a friend who works there. I think they operate similarly and they have similar pricing for my drug of interest. They really want you to log in though; as near as I can tell my usage of GoodRx was an anonymous coupon with no identifying code.

This post isn’t exactly an endorsement; the whole prescription drug market is so spooky I don’t trust anyone. The real problem is the US’ insane health market, where we pay more for worse outcomes than civilized countries.

  2017-07-19 22:52 Z