Timeline for How do programs like GoodRX make money?
Current License: CC BY-SA 4.0
16 events
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| Nov 24 at 12:03 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Oct 25 at 12:01 | history | edited | Chris W. Rea |
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| Oct 22 at 19:12 | answer | added | stannius | timeline score: 0 | |
| Oct 22 at 19:07 | comment | added | stannius | Nothing's off topic at reddit. reddit.com/r/pharmacy/comments/twfgh8/… | |
| Oct 22 at 17:55 | comment | added | Brian | @keshlam: There are some questions where there is no site on the stackexchange network where that question is on-topic. This may be one of them. | |
| Oct 22 at 17:02 | comment | added | Tashus | @mhoran_psprep Those questions could apply to literally any business. How a certain business model generates revenue is not personal finance. | |
| Oct 22 at 14:03 | comment | added | Dilip Sarwate | Here is a comment from the perspective of Medicare beneficiaries. Some of these at-the-checkout-counter plans are actually full-fledged Medicare Part C programs, and accepting their coupon enrolls the beneficiary in their Part C program, thereby terminating the beneficiary's current Part C coverage (if any) or the beneficiary's Original Medicare coverage, plus Medigap policy, if any. So, the elderly should be aware of this. | |
| Oct 21 at 22:16 | comment | added | keshlam | @mhoran_psprep: Valid personal health questions. Personal Finance, I'm less sure. But I don't know whether there's a better place to ask about health costs/insurance/etc. | |
| Oct 21 at 19:01 | comment | added | mhoran_psprep | @Tashus knowing how they make their money lets a person understand their risks when using them. Do I need to pay a monthly fee? Do I need to register? Do I have to only use generics? | |
| Oct 21 at 16:49 | review | Close votes | |||
| Oct 26 at 3:02 | |||||
| Oct 21 at 16:32 | comment | added | littleadv | These are US-centric programs. In the US, the medicine prices are extremely inflated compared to the actual costs (including amortized R&D costs), as such they provide huge profit margins for the brokers. GoodRX is one such broker and is acting on arbitrage. They still have margins, just smaller than the competition. | |
| Oct 21 at 16:22 | comment | added | Tashus | As a side note, the drug probably costs nowhere near $700 to source, so they don't have to make all of that up using demographic info or whatever other revenue streams they may tap. | |
| Oct 21 at 16:20 | comment | added | Tashus | Hi Crash Gordon. Welcome. Please note that this site deals with personal finance. I expect that your question will be closed as off-topic. | |
| Oct 21 at 16:18 | comment | added | Dilip Sarwate | This is not really a question about Personal Finance. | |
| S Oct 21 at 16:10 | review | First questions | |||
| Oct 21 at 19:37 | |||||
| S Oct 21 at 16:10 | history | asked | Crash Gordon | CC BY-SA 4.0 |