GoodRx and Kroger Health Agree to Multiyear Renewal of Kroger Rx Savings Club Relationship
October 08 2020 - 11:00AM
Business Wire
Kroger Shoppers Receive Significant Savings on
Common Medications with the Help of GoodRx
GoodRx Holdings, Inc. (Nasdaq: GDRX), America’s source for
affordable and convenient healthcare, today announced it had agreed
with Kroger Health – the healthcare division of The Kroger Co.
(NYSE: KR) - to a three-year renewal of their relationship,
enabling customers across the country to continue to use the Kroger
Rx Savings Club program to help reduce costs for prescription
drugs.
Since GoodRx and Kroger Health partnered in 2018, the Kroger Rx
Savings Club has provided hundreds of thousands of customers with
exclusive access to discounts on commonly prescribed generic
medications for widespread conditions in the U.S., including
diabetes, asthma, mental health issues, women’s health concerns,
gastrointestinal issues and heart health. The program lowers the
price of these and many other medications, providing up to 85
percent savings on thousands of prescriptions.
“By partnering with Kroger Health to power the Kroger Rx Savings
Club, we have been able to help even more Americans lower the price
of their prescriptions, which is especially impactful at a time
when healthcare costs in America are on the rise,” said Jim
Sheninger, GoodRx’s Pharmacy Strategy Officer. “Kroger is the
largest supermarket chain in the U.S. and is visited by millions of
consumers every day, so we’re proud to continue working together to
further our mission of providing Americans with access to
affordable and convenient healthcare.”
The Kroger Rx Savings Club is a customer-first program that
addresses the high cost of prescription drugs. For those who are
uninsured, have insurance that doesn’t cover all medications or
have co-pays that are too high, the Kroger Rx Savings Club allows
you to purchase more than 100 common generic prescriptions for $6
or less. New to the program are substantial savings on select oral
contraceptives and company-branded diabetic supplies. The
membership is recognized at pharmacies located inside Kroger
stores, including Ralphs, Fred Meyer, Smith’s, and Fry’s.
The Kroger Rx Savings program offers three tiers of low-cost
medications:
- FREE 30-day/90-day prescriptions
- $3 30-day/$6 90-day prescriptions
- $6 30-day/$12 90-day prescriptions
Members of the Rx Savings Club pay an annual fee of $36 for
individuals and $72 for families—up to six people are covered under
one family membership.
“Between the public health crisis and the ensuing economic
challenges, this is a difficult time for many people. Americans are
being forced to make tough decisions that oftentimes put their
budgets and their health at odds. Our renewed partnership with
GoodRx enables us to help our customers save money while
maintaining their prescriptions, which is more critical than ever
amidst the backdrop of the pandemic. Together, we can continue to
help people live healthier lives,” said Colleen Lindholz, president
of Kroger Health.
Since its founding in 2011, GoodRx has saved Americans $20
billion in prescription drug costs and helped more than 18 million
people fill a prescription that would have otherwise been left at
the counter. In addition to providing free access to transparent
and lower prices for brand and generic medications via its
prescription offering, GoodRx also offers affordable and convenient
medical provider consultations via telehealth, and comprehensive
healthcare research and information.
Kroger Health is one of America’s leading retail healthcare
organizations, leveraging a multi-disciplinary approach that
combines health, wellness, and nutrition. In addition to serving
customers through affordable and accessible prescriptions, Kroger
Health healthcare providers administer vaccinations, address
chronic conditions, and provide nutrition counseling to millions of
customers every year.
For more information about the Kroger Rx Savings Club, visit
www.krogersc.com.
To learn more about GoodRx’s prescription savings and other
services, visit www.goodrx.com.
About GoodRx
GoodRx’s mission is to help Americans get the healthcare they
need at a price they can afford. Our leading digital platform for
consumer healthcare products and services connects consumers with
affordable and convenient prescriptions and medical care, including
telehealth, mail order prescriptions, doctor visits, and lab tests.
We have helped Americans save over $20 billion since 2011 and are
the #1 most downloaded medical app in the last three years.
About Kroger Health:
Kroger Health, the healthcare division of The Kroger Co., is one
of America’s leading retail healthcare organizations, with over
2,200 pharmacies and 220 clinics (called The Little Clinic) in 35
states serving more than 16 million customers. Our team of 22,000
healthcare practitioners - from pharmacists and nurse
practitioners, to dietitians and technicians – are committed to
helping people live healthier lives. We believe in practicing at
the top of our licenses and enabling “food as medicine” to help
prevent and manage chronic disease. We are dedicated to providing
testing and wellness services to help Americans combat the COVID-19
crisis. Learn more at www.krogerhealth.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements, including without limitation statements
regarding the agreement between Kroger Health and GoodRx. These
statements are neither promises nor guarantees, but involve known
and unknown risks, uncertainties and other important factors that
may cause our actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements, including, but not limited to, the important factors
discussed under the caption “Risk Factors” in GoodRx’s prospectus,
dated September 22, 2020, filed with the Securities and Exchange
Commission (“SEC”) in accordance with Rule 424(b) of the Securities
Act on September 24, 2020, and our other filings with the SEC.
These factors could cause actual results to differ materially from
those indicated by the forward-looking statements made in this
press release. Any such forward-looking statements represent
management’s estimates as of the date of this press release. While
we may elect to update such forward-looking statements at some
point in the future, we disclaim any obligation to do so, even if
subsequent events cause our views to change.
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version on businesswire.com: https://www.businesswire.com/news/home/20201008005311/en/
GoodRx Lauren Casparis press@goodrx.com
Kroger Media: Kristal Howard (513) 762-1304
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