The GoodRx Effect

Delivering a Transformative Impact on the U.S. Healthcare System through Prescription Savings

GoodRx (NASDAQ: GDRX), the leading destination for prescription savings, today shared a report looking at the company’s impact on social welfare as a result of helping millions of people access affordable medications. “The GoodRx Effect: How GoodRx is Changing the Economics of Healthcare” shows that by saving people money and improving medication adherence, GoodRx positively impacts health outcomes and significantly reduces costs within the healthcare system – including saving the healthcare system an estimated $5 billion to date.

Since “The GoodRx Effect” was first published in 2021, the healthcare industry has faced numerous challenges and changes that have impacted the availability and accessibility of prescription medications, like the end of the COVID-19 public health emergency and the unwinding of Medicaid. With 43 percent of working-age American adults inadequately insured in 2022 – 9 percent lacking insurance altogether – people urgently need the tools and resources to help reduce high healthcare costs. That is why GoodRx is building a bridge to healthcare for its users by making it more efficient, easier to use, and easier to understand.

To date, GoodRx has saved consumers more than $65 billion on brand-name and generic prescription medications – and that number is growing every day. The importance of these savings becomes clear when examining the company’s ripple effect:

Significant savings that improve adherence

• GoodRx users saved an average of 82% on retail prices for prescription medications in the last year, which helped about 10 million users save over $200 off retail prices for their prescriptions.

• Since its inception, we estimate that GoodRx has helped consumers fill at least 184 million prescriptions that they otherwise may not have been able to afford. This is an over 135% increase in newly adherent prescriptions since 2021.

Beats the cost of an insurance copay 50% of the time for the most commonly prescribed medications

• In the last year, approximately 50% of the 100 most purchased prescriptions filled using GoodRx were cheaper than the average commercial insurance stated copays, based on industry data. When GoodRx users paid less than the average commercial insurance copay for these most commonly purchased medications, they saved an average of about 50%.

• Last year, GoodRx users on average paid less than the average Medicare copay 8% of the time for the 100 most purchased prescriptions during the initial coverage phase, with average savings of 24% off the average Medicare initial coverage copay.

Improved health outcomes that reduce the strain on the healthcare system