Submitted by fourtwenny2389 t3_125otdd in explainlikeimfive
rxFMS t1_je6hr9c wrote
Reply to comment by police-ical in eli5: How does GoodRX (or any prescription savings group) work? by fourtwenny2389
as a pharmacist who does not take GoodRX i can say that the prices goodrx advertises that pharmacies charge were NOT mutually negotiated by the pharmacy and GRX.
police-ical t1_je7276s wrote
To clarify, that's true, individual pharmacies don't generally negotiate this and wouldn't really have the negotiating power to begin with. The actual process is harder to understand, let alone ELI5, but involves a twisted mess of negotiations among manufacturers, large pharmacy chains, insurers, and a bizarre and increasingly unethical middle-man company called a pharmacy benefit manager.
rxFMS t1_je72vnh wrote
Thanks for clarifying. (PBMs are the worst!). What always gets me is that a customer will come in and have to what appears to be a quoted price from my pharmacy thru good rx. And it’s usually at my cost or below.
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