Walgreens is rolling out Rx Savings Finder, a free digital tool that displays third-party coupons for thousands of prescription medications.
The tool, which will work on your desktop or mobile device, offers transparent pricing for customers before they reach the checkout counter, Walgreens said in a statement.
Here’s how it works: You type in the name of your prescription, and the tool will populate with coupons from third-party discount cards along with prices for each one. Then, either click on the coupon or print it out to show to a pharmacist at check out.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
RxSavings Finder can be used regardless of whether a customer has health insurance, Walgreens said. However, coupons found in the tool cannot be combined with health insurance, manufacturer co-pay savings cards or with any other discount cards for one transaction, the retailer said.
Also, patients with Medicaid coverage should talk with a pharmacist about Medicaid program rules for cash transactions, Walgreens added.
Inflation is wreaking havoc on our wallets and can have "serious implications" on our health, Rick Gates, Walgreens chief pharmacy officer, said in announcing Rx Savings Finder. “Over one-third of Americans have avoided a prescription refill to reduce costs and, with over 131 million Americans taking at least one prescription medication, this is very concerning,” Gates said.
Growth of savings plans
The move comes amid a spate of prescription drug savings plans. Walgreens also has a paid subscription offering that starts at $20/month and gives customers access to discounted prescriptions as well as lower cost immunizations. It also has a separate partnership with GoodRX that offers medicines at up to 40% off.
In September, Select Health partnered with Mark Cuban Cost Plus Drugs Company to lower drug costs. GoodRx also recently launched a program to provide $35 insulin coupons to people with diabetes, making the drug more accessible.
In addition, there are a myriad of telehealth services that have sprung up in recent years. These include a $9/month virtual healthcare service through Amazon's One Medical unit, as well as a newly launched $33 video visits program at Walgreens.
There is no sign up required for the Rx Savings Finder. Simply visit the website to find out if your medications are included in the service.
RELATED CONTENT
-
December Fed Meeting: Live Updates and CommentaryThe December Fed meeting is one of the last key economic events of 2025, with Wall Street closely watching what Chair Powell & Co. will do about interest rates.
-
This Is Why Investors Shouldn't Romanticize BitcoinInvestors should treat bitcoin as the high-risk asset it is. A look at the data indicates a small portfolio allocation for most investors would be the safest.
-
I'm a Federal Benefits Pro: I Answer These 2 Questions a LotMany federal employees ask about rolling a TSP into an IRA and parsing options for survivor benefits, both especially critical topics.
-
Walgreens Launches Virtual Health Care Starting At $33Walgreens has entered the telehealth space with a plan that let's you chat with a doctor or nurse for $33 or have a virtual visit starting at $36.
-
Some Walgreens Pharmacists Walk Out Over 'Harsh' ConditionsWalgreens walkout follows two others last month by CVS staff who also cited poor conditions that put patients and staff at risk.
-
Walgreens Enters Medicare Advantage Market in 4 StatesWalgreens is launching Medicare Advantage plans with Alignment Healthcare in select markets in Arizona, California, Florida and Texas.
-
Walgreens Expands Healthcare Reach With New PartnershipThe healthcare deal aims to help Walgreens grow its community-based primary care services.
-
Need a Flu Shot? Get a Shopping Perk TooCVS, Walgreens, Kroger and many other retailers are offering incentives for getting flu shots at their pharmacies.
-
Walgreens Delivery: Same-Day Service, Now 24/7
Need that Advil and Diet Coke right now? The pharmacy giant is the first of its kind to offer 24-hour same-day delivery.
