In the digital economy, transparency is quickly becoming a shared expectation. From blockchain-powered financial systems to fintech tools that help consumers see exactly where their money goes, people now demand clarity and control over everyday expenses.

Nowhere is that more vital than in healthcare. Americans are increasingly worried about the impact of inflation on their everyday necessities, especially prescription medications. A report by AARP noted that 25 of the top Medicare Part D drugs not selected for price negotiation increased in cost by an average of 98% since they were first introduced to the market.

Price increases of these and other prescription medications have often outpaced the rate of inflation, making it harder for many households to keep up with their basic needs, let alone build up savings or invest in retirement accounts, cryptocurrency, and other assets.

This is where BuzzRx comes in. As Matthew Herfield, co-founder and CEO of BuzzRx, explains, his company’s disruptive approach to cutting costs in an overpriced pharmaceutical market is an essential tool for helping households better manage this essential expense.

A Streamlined Approach to Saving

The rising cost of prescription drugs is a significant concern for many Americans. Research has found that roughly 31% of adult Americans haven’t taken medications as prescribed because of cost concerns. This includes not filling prescriptions, skipping doses or cutting pills in half.

This widespread issue is a point of emphasis for Herfield and the BuzzRx team. “Prescription medications, when taken correctly, can significantly improve an individual’s health and overall quality of life,” he says.

“Unfortunately, high costs are forcing many people to choose between physical and mental health or financial well-being. In some circumstances, people must choose between their prescription drugs and other essential expenses like food and electric bills. It’s a multi-faceted challenge that no one should be forced to face.”

To counter this problem, the free BuzzRx website and app serve as a straightforward solution for households to find much-needed prescription savings. “Allowing people to search for savings across pharmacy chains encourages price transparency, empowering Americans to shop smarter and get the best price. Our free coupons and cards are easily accessed on BuzzRx.com or our free mobile app,” Herfield explains.

“Present the card or coupon at a participating pharmacy in your area, and you’ll automatically get the discounted rate we’ve negotiated with the pharmacy. They come pre-activated and ready to use, without expiration dates, renewal requirements or any fees. There’s no paperwork or specific income requirements to qualify. Our program is designed for everyone, regardless of whether they have insurance.”

According to Herfield, BuzzRx discounts average 60% off per prescription, though certain prescriptions may see savings of up to 90% off the retail price. Over the previous year, members who filled one script per month saw an average annual savings of $845.

Finding the Best Deals

Along with the free and easy-to-use discount card, Herfield also notes that BuzzRx offers additional resources designed to help individuals and families save on prescription costs. “The amount you can save on a specific prescription can actually vary between pharmacies,” he explains.

“The pharmacy chain, its location and even current supply and demand can all affect how much you pay. Because of this, we make it easy to look up prices near you on the app or website. Just type in your prescription information and zip code, and you’ll get a full list of the discounted prices in your area. You may be able to save a lot more just by going to a different pharmacy in your town.”

BuzzRx is available to households with and without insurance. Households with insurance can choose to either pay with their BuzzRx discount or use their insurance coverage when filling medications. Because of this, Herfield also recommends that members who have insurance compare discounted rates with what they would pay under their current health plan.

“Most insurers separate prescription drugs into different tiers, which means you could have a higher or lower copay or coinsurance rate depending on the type of prescription you’re filling,” he explains.

“Doing the cost comparison between what you’d pay with your insurance versus the discounted rate with BuzzRx helps ensure you always get the best deal. Prices can change, so it’s a good idea to double–check current discounts each time you head out to fill a prescription.”

In a pricey prescription medication market, this level of choice can be especially beneficial for all households by providing more options to keep costs manageable.

Improving Financial Outcomes

Some studies project that Americans’ health insurance bills could increase by 75% in 2026, making the need for solutions like BuzzRx more prevalent than ever.

By helping households save in an area where it can be difficult to cut back, BuzzRx’s ability to provide significant discounts on prescriptions can make a huge difference in many families’ saving and investing capabilities in the coming months and years. And best of all, it’s completely free to use.

This industry announcement article is for informational and educational purposes only and does not constitute financial or investment advice.