At the end of January, LowestMed announced the launch of its flagship mobile app. It provides consumers with the ability to view and compare prescription drug prices – including $4 generic drugs – at supermarket and pharmacy chains in their local area on an iPhone or Android device. If you don’t have an iPhone or a Droid, you can also compare prices on the LowestMed website.
“Most consumers don’t realize that prices can vary widely by pharmacy, and that up until this point the only way to do price comparisons on a local level was to go to each pharmacy and submit an insurance claim,” said Brad Bangerter, CEO of LowestMed.
The LowestMed app enables consumers to save money in multiple ways. When a LowestMed customer needs to fill a prescription and enters the medication name on the new app, LowestMed provides a list of discounted prices at nearby pharmacies of both name brand prescription drugs and their generic alternatives.