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RxPass joins array of Amazon projects in the pharmacy market

Amazon plans to cut down its workforce amid economy problems
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RxPass: A worldwide technology enterprise, Amazon offers various services to customers and companies.

The following are just a handful of the services that customers can avail:

  • Amazon Prime
  • Amazon Web Services
  • Amazon Marketplace
  • Amazon Music
  • Amazon Studios

Amazon operates an online pharmacy and just unveiled a new marketing plan.

Amazon Pharmacy

Using the company’s website or mobile application, customers can procure either over-the-counter and prescription pharmaceuticals from Amazon Pharmacy.

Customers have access to their order history, may schedule recurring refills, and receive special offers and discounts based on their insurance or Amazon Prime subscription.

They have the choice between picking up their meds from a nearby pharmacy or having them delivered to their home.

However, only US residents can utilize Amazon Pharmacy.

Tuesday saw the introduction of RxPass, a brand-new prescription service for Prime subscribers.

The perk

The recent addition to Amazon Pharmacy is intended to bring in more users and subscriptions.

RxPass customers have access to 50 generic medications in as many dosages as they need to address more than 80 common chronic conditions.

These meds include:

  • High blood pressure
  • Anxiety
  • Diabetes

Since delivery is free, there are no shipping charges to worry about, and the RxPass only costs $5 per month to use.

Venture into health care

For years, Amazon has worked to build a solid reputation in the healthcare sector.

During the first year of the Covid-19 pandemic, the e-commerce giant launched Amazon Pharmacy, which supplied medication at more reasonable rates.

PillPack, an online pharmacy that specialized in shipping customers presorted medications in handy containers, was acquired by Amazon in 2018.

Consequently, Amazon Pharmacy was created.

This acquisition allowed Amazon to expand its clientele and offer a more specialized service in the market for the delivery of prescription medications.

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The company’s entry into the healthcare sector produced Amazon Care, but it was later discontinued.

For employees of partner firms, Amazon Care provided virtual primary care, follow-up care, medicine delivery, and video consultations with medical specialists.

Amazon shifted course and bought upscale primary care company One Medical in July 2022.

One Medical provided general care and telemedicine through a network of walk-in clinics and online therapeutic options.

They provided the following:

  • Telemedicine consultations
  • Home medication delivery
  • Same-day visits
  • Online scheduling
  • 24/7 virtual care.

One Medical sought to increase patient accessibility, comfort, and personalization of primary care.

One of the services that Amazon provides is RxPass.

Customers who make use of the Prime Prescription Savings Benefit can reduce the cost of generic drugs by up to 80%.

It also falls to 40% when using drugs from famous brands.

Subscription program & layoffs

The CEO of the biggest e-commerce company on the planet, Andy Jassy, is determined to reducing expenses while growing the Prime membership program.

Members of Amazon Prime may access a number of benefits and services for a nominal monthly subscription, including:

  • Free two-day shipping on eligible items
  • Streaming of movies, TV shows, and music
  • Access to a rotating selection of e-books, magazines and other content

Also, Prime members get access to exclusive deals and reduced prices on a variety of goods.

Additionally, the service provides free same-day or one-day shipping on qualified products to a certain number of urban regions, as well as free release-date delivery on qualified pre-order items.

The corporation also intends to abandon other projects, freeze corporate employment, and let some 18,000 staff go.

Amazon has pledged to focus on long-term opportunities, such as the healthcare sector, which Jassy confirmed.

Pharmaceutical competition

In the pharmaceutical industry, Amazon is up against competitors from long-running businesses like CVS, Walgreens, and Walmart.

The company has not yet provided an update on its efforts to launch the online pharmacy since its formation.

According to Business Insider, a Morgan Stanley report from August indicated that Prime members did not consider Amazon Pharmacy to be one of their most vital services.

Vin Gupta, chief medical officer of Amazon, says the firm is committed to offering a distinctive pharmacy experience from that of other vendors.

“This is still day one for us when we’re at our beginning stages here, but we recognize that change is needed,” said Gupta.

“That’s what patients across the country are telling us, and that’s what Amazon is responding to.”

RxPass does not yet offer insulin or other specialized drugs, and Medicaid or Medicare recipients cannot use it.

As for whether Amazon would soon boost the amount of prescription medications it offers through RxPass, Vin Gupta remained silent on the subject.

Gupta estimates that around 150 million people are using at least one of the prescription medications made available through RxPass.