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A new app by the company LowestMed has been launched that will allow Latinos to compare prescription medicine prices. The app, called MediBajo, is the first of its kind specifically designed for the Latino community. The app utilizes user-friendly mobile technology to compare prescription drug prices at local pharmacies.
“Prescription drug prices vary and many people end up paying too much or skip their medications simply because of the lack of pricing transparency,” said LowestMed CEO Brad Bangerter. “This can be an even bigger problem if there is a language barrier. We created MediBajo specifically for the 55 million Hispanics in the U.S. to help ensure they can compare prices at local pharmacies and get the best discounts available by using an app tailored to their own language.”
The U.S. Department of Health and Human Services (HHS) reports that as many as 1 in 4 of the currently uninsured population is Latino. The goal of this app is to save money for both the uninsured as well as those that have health insurance.
“We’ve taken the guesswork out of finding the lowest prescription drug price,” said Bangerter. “Our goal is to help customers make informed decisions so they can better afford their medications, which will lead to improved medication adherence and health.”
MediBajo works by entering a medication name, which will allow users to see discounted prescription drug prices at nearby pharmacies. The app is free and available in Apple’s App Store and will soon be available on Android.
By The Numbers
25.1
percent
of Latinos remain without health insurance coverage
