BidRx (www.bidrx.com) is a website built by pharmacists that links consumers with pharmacies and pharmaceutical companies, so consumers can make better decisions when purchasing prescription drugs. BidRx provides the information needed to identify the best value drug; then pharmacies compete for filling prescriptions. Consumers can
- See cost of prescriptions (original plus alternatives) and services.
- See list of participating pharmacies in your geographic area.
- Get bids from pharmacies that want to earn your business.
Employers can use the site to help communicate the true cost of prescriptions. Employees see the prescriptions’ maximum price before bids (a discounted price), alternative prescriptions with discounted prices, and competitive bids (even lower discounted prices). Employees can use the site to lower drug costs.
Important – Medications ordered through BidRx.com may be out-of-network and thus not apply towards the deductible. Therefore, BidRx may be used best for drugs with bid prices less than your copay. So if you find a deal, check your network price and copay, too. If the savings is worth it, buy it.
When registering, you will need a referral code, feel free to use our code. EBA’s Referral Code is 35FFN.
- Simvastatin (generic for Zocor and alternative for Lipitor and Crestor) for lowering cholesterol usually has a generic co-pay of $10 or $15 for a 30 day’s supply. EBA was able to get a bid price of $3.40 for a 90 day’s supply. That’s an annual savings of $75.
- Amlodipine (generic for Norvasc) for lowering blood pressure usually has a generic co-pay of $10 or $15 for a 30 day’s supply. EBA was able to get a bid price of $3.68 for a 90 day’s supply. That’s an annual savings of $75.
- Nexium (the purple pill) retails at $762 for a 40 mg 90 day supply. BidRx price was $660. Similar drugs (generics) cost just over $20.