It is said that nearly one-third of prescriptions written are never picked up by patients because they can’t afford them. A company called Blink Health is out with a web service/mobile app solution that provides all Americans with access to the lowest available prices for generic prescription drugs regardless of their insurance status. Blink claims that half of the drugs in its database are priced at $10 or less, creating savings of up to 99 percent on prescriptions at ALL major US pharmacies, including Walgreens, CVS, Rite Aid, Wal-Mart, Duane Reade and most independent pharmacies.

“Our goal with Blink Health is to provide all Americans with the best prices for generic prescriptions, regardless of their insurance status,” Blink Health founder and CEO Geoffrey Chaiken said in a statement. These prices have always existed for people with the best insurance plans, but Blink Health is making them accessible to all Americans for the first time.”

Blink Health involves no membership fees or monthly premiums, only requiring a minute (or so) to sign up online or via the app. Users search for the prescribed medication and if the Blink Health price is cheaper than what they would pay, they can purchase it via Blink Health, pick it up at their chosen local pharmacy and pay zero dollars at pick-up. The Blink Health price is the same no matter which pharmacy the customer uses.

You may wonder how Blink Health can do this? They use proprietary technology to group patients together and increase their collective purchasing power to buy medications at lower prices. Similarly, it is able to aggregate funds from employers, not-for-profits and others to further lower patients’ out-of-pocket expenses. For example, generic Lipitor costs just $9.94, while Prilosec costs $6.94 with Blink Health.

Founded by two brothers who are the sons and grandsons of doctors, the company is backed by Joe Lonsdale’s new Eight Partners and Burch Creative Capital.