Drug Discount Card Market, By Type (Branded Cards and Generic Cards), By Therapeutic Category (Cardiovascular drugs, Diabetes drugs, Pain medications, Mental health medications, Cancer drugs, and Others), By Sales Channel (Online and Offline), , By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Nov 2023

Code : CMI6283

Pages :140

Formats :

Excel and PDF

Industry : Healthcare IT

Market News

Recent Developments:

New product launches:

On September 19, 2023, Elevance, a health company’s pharmacy benefit manager launch CarelonRx, launch a new program that aims to make it easier for members to access drug discounts at the pharmacy counter
On January 24, 2023, Amazon Pharmacy, the company offering free, two-day home delivery of prescriptions to Amazon Prime subscribers. introduced RxPass, a US$5 prescription subscription new Prime membership benefit from Amazon Pharmacy that provides patients with affordable access to generic medications that treat more than 80 common health conditions for just US$5 a month
In September 2021, GoodRx , an American healthcare company that operates a telemedicine platform and free-to-use website and mobile app that track prescription drug prices launched a new gold subscription plan providing access to lower prescription prices, free delivery, and 24/7 doctor visits for a monthly fee. This expanded GoodRx's monetization strategies beyond discounted prescriptions.
In June 2021, Walmart, a retailer corporation launched the Walmart Plus Rx for Delivery prescription savings program, allowing the delivery of medications nationwide for US$35 per year.

Acquisition and partnerships:

On September 14, 2023, GoodRx, a U.S.-based healthcare company that operates a telemedicine platform and free-to-use website and mobile app that track prescription drug prices, announced a partnership with MedImpact, an independent, trend-focused pharmacy benefit manager (PBM), to integrate its drug coupons at the point of sale
On July 12, 2023, CVS Caremark, a CVS Health company and GoodRx, a leading resource for healthcare savings and information, announced the launch of Caremark Cost SaverTM to help lower pharmacy out-of-pocket drug costs for CVS Caremark clients' members
In October 2022, Express Scripts, a pharmacy benefits management business of Cigna Corporation, an Insurance company announced a new strategic collaboration with Centene, a managed care company to provide greater prescription drug savings