Free prescription discount cards from GoodRx - What’s the catch?

NerdWallet Bytitle: NerdWallet Americans spend more than $420 billion per year at pharmacies for prescription drugs, according to a 2022 report from the Department of Health and Human Services. Prescription discount cards help people save money on prescription drugs by offering savings at participating pharmacies. One popular company, GoodRx, offers discounts of up to 80% on prescription drugs at over 70,000 U.S. pharmacies with its prescription savings program. And according to the company’s we

Americans spend more than $420 billion per year at pharmacies for prescription drugs, according to a 2022 report from the Department of Health and Human Services.

Here are four potential catches the federal government, pharmacists, researchers and the company itself say you should know about before using GoodRx.“Keep in mind you cannot use GoodRx and insurance at the same time,” the company’s website says. It encourages users to pay for prescriptions as a “cash” payment with a GoodRx coupon.

“Who cares if it’s not going to count toward your deductible if you were never going to spend so much that you’re going to hit your deductible anyway,” says pharmacist Shannon Rotolo, who recently left the University of Chicago for a new position at the University of Rochester. When asked whether and to whom GoodRx sells or shares patient data today, a company representative referred in an email to a February 2023 ““The settlement with the FTC focuses on an old issue that was proactively addressed almost three years ago, before the FTC inquiry began,” the GoodRx statement says. The company disagrees with the FTC’s allegations and does not admit wrongdoing.

Prices for common generic medications on GoodRx can change by hundreds of dollars per fill over just six months, according to research published in 2022 by Rotolo and colleagues in the journal Supportive Care in Cancer.

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