Free discount drug card

This is not an endorsement, and we're not getting paid to post this, but I recently became aware of this free discount drug card, that perhaps may save some people money. If anyone has any experience with it, please post.

http://medicationdiscountcard.com/

John

First rule of economics:

First rule of economics: There is No Such Thing as a Free Lunch.

But that's what they are offering. A free card. A free way to save. Doesn't cost us a thing, and they are offering it to us out of the goodness of their hearts. All we have to do is print is print out this card, hand ti to the pharmacist and he or she will knock up to 75% off the price of the 'script because medicationdiscountcard.com told them to.

Riiiiiiiight.

Anybody who believes that this slip of paper will save them money because the ink on it says so might be interested in some ocean front property I've got in Arizona.

In other words, its a scam. Its gotta be.

I haven't figured out how the discount part of the "program" works but I suspect this racket's main source of revenue is the "Debit Card" that "rebates" are loaded onto.

Quote:

# 6. Do I get the rebates instantly or will I be issued a reimbursement at a later date?
# When you purchase a brand name drug earning a rebate, you will receive a MasterCard Debit Card in the mail with the rebate amount. Many drugs offer $5-$25 rebates. The MasterCard Debit Card will become your permanent method of receiving subsequent rebates, so be sure to keep the card after initial use. Every time a rebate is earned, the card holder will be notified by email of the amount and when the deposit occurs. Source: the site's FAQ

Since the initial discount card doesn't require a site membership or even an email address to use, there must be a second level of membership that does require these things, and more. What they do with that information after they have it is anybody's guess.

thanks for the info. but my

thanks for the info. but my wife and I get good prices thru where I retired from. it is one of the few benifits we still get along with our retirment check. if you are on a fixed income get all the discounts you can.

pharmaceutical drug +

pharmaceutical drug + discount = $1.00

pill cutter = $75.00 + tax

Smiling

Katherine wrote: First rule

Katherine wrote:

First rule of economics: There is No Such Thing as a Free Lunch.

But that's what they are offering. A free card. A free way to save. Doesn't cost us a thing, and they are offering it to us out of the goodness of their hearts. All we have to do is print is print out this card, hand ti to the pharmacist and he or she will knock up to 75% off the price of the 'script because medicationdiscountcard.com told them to.

The cardholder is likely getting the discount on cheap generics in return for marketing data.

I noticed that the card exhibits a cardholder number. That could connect their tracking ability to the IP and MAC addresses they got when the user printed the card from their website. Combine that with multi-pharmaceutical manufacturer participation in the program, possibly substituting generics wherever possible, and they would be gleaning information at low cost.

A local credit union recently connected its a pre-filled credit card product with some third-party industry promotion. The "prize" was a card pre-filled with $60, which sounded pretty good until winners tried to use it. This particular product requires a minimum $400 balance to remain active.

Sure, there are free lunches out there. You just need to pay for the cutlery!

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