Kroger and GoodRx Launch the Kroger RX Savings Club to Redefine the Customer Experience
New pharmacy membership program provides discounts on common medications
CINCINNATI, December 12, 2018 - The Kroger Co. (NYSE: KR) announced today the launch of its Rx Savings Club, a new program designed to significantly reduce the cost of prescription drugs for families across the country, adding to the retailer's Wellness Your Way platform. The program was developed in partnership with GoodRx - America's number one source for prescription drug savings.
The Kroger Rx Savings Club provides customers with exclusive access to major discounts on some of the most commonly prescribed generic medications for widespread conditions in the U.S., including diabetes, asthma, mental health issues, women’s health concerns, and gastrointestinal and heart health. The program lowers the price of these and many other medications, providing up to an 85 percent savings on thousands of prescriptions, including hundreds of prescriptions for $6 or less.
The Kroger Rx Savings program offers three tiers of low-cost medications:
"Kroger is redefining the customer experience through Wellness Your Way, including new offerings like the Kroger RX Savings Club," said Colleen Lindholz, president of Kroger Health. "Kroger operates nearly 2,200 pharmacies, serving 13 million customers across America. Our new partnership with GoodRx provides cost savings for our customers in a simple, practical way and enables us to live our Kroger Health vision of helping people lead healthier lives."
- FREE 30-day/90-day prescriptions
- $3 30-day/$6 90-day prescriptions
- $6 30-day/$12 90-day prescriptions
More than 200 million prescriptions are left at pharmacy counters every year because people simply can't afford to buy them. The Kroger Rx Savings Club combines the power of Kroger's nationwide network with GoodRx's pricing technology to create a consumer-first program that addresses the high cost of prescription drugs. All Kroger Family of Stores customers can take advantage of the program.
Under the program, free medications include Amlodipine (Norvasc) for high blood pressure, Metformin IR (Glucophage) for diabetes, Sertraline (Zoloft) for mental health, Montelukast (Singulair) for asthma, and more. Additionally, Lipitor was recently ranked as the #1 most popular prescription in America by GoodRx and is only $6 for a 30 day supply ($12 for a 90 day supply) on this program.
Members of the Rx Savings Club will pay an annual fee of $36 for individuals and $72 for families (up to six people are covered under one family membership). The program will roll out to Kroger’s banner stores this month. The Rx Savings Club is not available in the state of Washington.
"Our mission is to help lower the cost of prescriptions in America, and we are very pleased to have worked with Kroger to develop such a significant Rx savings program," said Jim Sheninger, GoodRx's Pharmacy Strategy Officer. "The popularity of the medications included in these discounts, coupled with the extra low-cost pricing tiers, should result in meaningful savings for patients and families - savings that are absolutely critical in this high-priced healthcare landscape."
The Rx Savings Club is another meaningful initiative introduced under Kroger's Wellness Your Way program, providing customers with a variety of personalized health, wellness, and nutrition tools, services and programs.
For more information about the Kroger Rx Savings Club, please visit www.krogersc.com.
About The Kroger Co.
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: to Feed the Human Spirit™. We are nearly half a million associates who serve nine million customers daily through a seamless digital shopping experience and 2,800 retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
GoodRx is the leading source for prescription and healthcare savings in America. More than 10 million consumers use GoodRx each month to find current prices and discounts on their medications. GoodRx's real-time market-intelligence platform gathers retail prices and coupons for virtually every pharmacy in America, providing savings of up to 80%. GoodRx is the #1 medical app on the iOS and Android app stores and one-third of doctors recommend GoodRx to their patients. Since 2011, Americans - with and without health insurance - have saved more than $7 billion using GoodRx. For more, visit www.goodrx.com.
Media: Kristal Howard, (513) 762-1304
Investors: Rebekah Manis, (513) 762-4969
Jocelyn Westerhold, Jocelyn@alissaneilpr.com