Amazon is expanding its push into healthcare with a $5 monthly unlimited delivery pass on 60 common generic prescription drugs
Amazon announced the new delivery service, \n \n RXPass, on Tuesday and it will launch immediately in most states except California, Texas, Minnesota and others with specific prescription delivery requirements. Customers who are enrolled in Medicare, Medicaid, or any other government health care program will not be able to sign up for the benefit.
Although generic drugs represented around 86% of all US prescriptions in 2022 by volume, they made up just 20% of prescription drug spending, Evercore analyst Elizabeth Anderson said in note to clients Tuesday. “The set of generics in Amazon’s new program represent 32% of generic drugs in 2021, and is likely a loss leader for Amazon,” she said, calling it an “incremental pharmacy experiment” for the company.
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