Wednesday, February 26, 2014
LowestMed app compares prescription drug prices for best deal
The smartphone is about to replace the computer and there seems to be an app for just about everything, including saving money on prescription drug costs.
LowestMed is a discount pharmacy program with a free mobile app for comparing prescription drug prices at grocery and pharmacy chains in a neighborhood near you, which includes Costco, Wal-Mart, Kmart, Walgreens Rite Aid, Kroger and several others. The app is designed to offer free and confidential savings for pharmacy plans, including plans under the Affordable Care Act and those who choose not to buy health insurance. Savings are estimated at 10 to 85 percent off retail prices for prescriptions.
discount card provided by LowestMed can also be used in over 60,000 pharmacies to save money on prescriptions. According to LowestMed, even if you have another insurance card, you may be able to get a better price using LowestMed.
As for privacy concerns, the company says customers do not need to enter any personal information and LowestMed does not track prescriptions..
LowestMed is available for iOS, Android and Windows phone devices. Doctors can apply for a free kit to help educate their patients and save on prescription drug costs.