![]() ![]() Discounts identified through Our Platform are available at participating pharmacies. The program is not intended as a substitute for insurance and does not meet “Creditable Coverage” requirements under state or federal law. We do not provide insurance, insurance benefits, or reimbursement benefits of any kind. branded here as RxSpark nor its affiliate partner (collectively “We”, “Us”, or, possessively “Our”) is affiliated with any dispensing pharmacies or pharmaceutical companies identified on Our Platform, nor do We have any influence on their pricing or product placement.ĭISCOUNT ONLY – NOT INSURANCE. We, through Our Platform and otherwise, solely promote discounts and/or other price-savings offered by manufacturers, distributors, and/or retailers of pharmaceuticals and other related products. ![]() Rite Aid ranked 7, and Walmart, 5.This website (“Our Website”) along with our mobile applications and/or the software underlying each and/or all (collectively, “Our Platform”) provides price aggregation services, hosting offers on discount prescriptions throughout the US. That made them vulnerable when more specialized retailers arrived, for example Sephora poaching makeup customers.ĬVS was still ranked the biggest supplier overall in 2020, according to the Drug Channels Institute. Pharmacies haven’t been able to keep customers coming for the food, apparel, and cosmetic items they stock, retail analyst Neil Saunders told CNBC. While most of the money in pharmacies is made in the back of the stores, where prescriptions are doled out, the general retail at the front of the stores is also in trouble, according to experts. That market includes big players like Amazon and Walmart, who are making plays for more of the prescription drug market by offering discounts on popular drugs. ![]() Regular pharmacies are not able to stock them, and instead compete with a growing number of other stores to stock high-volume, lower-priced drugs. These relatively expensive drugs don’t have a huge market because they tend to be for rarer ailments, such as specific cancer treatments. pharmaceutical industry is what are known as specialty drugs,” said Fein. At the same time, “the fastest growing part of the U.S. ![]()
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