Additionally, if employees opt out of the company plan this will also give them a benefit because the card is free to the consumer and free to the company. One pharmacy discount card can cover an entire family without any registration or paperwork.
The price depends obviously on the chain, the prescription itself, and even location. Most of the discounts appear with generics, but many are brand name prescription drugs. The average savings for a discount card holder is 40% (not every medication qualifies for a discount) and can reach up to 75%.
PrescriptionGiant, which seeks to reduce the cost of prescription medicine for children, families and individuals by $50 million by the end of 2020, is one provider looking to educate more employers about its discount card program. PrescriptionGiant does not charge membership fees or collect personal information.