GoodRx to help gig employees in drug discounting cope with DoorDash
GoodRx has signed a deal with DoorDash to help gig and contract workers find prescription drugs at affordable prices, pharmaceutical market CEO Doug Hirsch told CNBC on Wednesday.
The partnership gives the grocery supplier’s couriers, known as Dashers, preferential access to GoodRx’s Gold Program to receive prescription drugs at a discount at pharmacies in the United States
The DoorDash deal follows a similar arrangement GoodRx made to serve members of the USAA, which provides insurance and other financial services to military veterans and their families.
“We are focused on serving not only American consumers but organizations as well [and] Employers – anyone who basically finds these pain points and wants to have a healthy population, ”said Hirsch in a“ Mad Money ”interview.
Dashers will also be able to make virtual doctor visits on GoodRx Care and receive free prescriptions in the mail, the company said in a press release. GoodRx claims the Gold Program can help individuals and families save thousands of dollars in prescription costs each year.
According to a 2019 study by the freelancer platform Upwork and the Freelancers Union, more than 57 million U.S. workers, or about 35% of the country’s workforce, were considered freelancers.
In the interview, Hirsch shook off any concerns investors might have about the company’s competition with mega-disruptor Amazon, which announced its own online prescription fulfillment service last year.
Hirsch said the two companies are not in a battle as GoodRx is a marketplace that works with pharmacies.
“You can get better prices and more choice with GoodRx, and yet somehow the people you still know believe Amazon is going to win this battle,” he said.
“Nothing beats a marketplace because we work very closely with all retailers to have the best prices in the place you want to go.”
GoodRx’s shares rose 2.35% to $ 33.14 on Thursday. The stock has fallen nearly 18% since the start of the year.