Is Amazon the Future of Healthcare?

By Eric Cuka – Jan 25, 2023 at 6:15AM

NASDAQ: AMZN

Amazon

Market Cap

$1,863B

Today's Change

(-2.56%) -$4.59

Current Price

$174.63

Price as of April 19, 2024, 4:00 p.m. ET

The e-commerce titan announced the RxPass subscription for Prime members. What companies will this service disrupt, and can Amazon stock benefit?

Amazon (AMZN -2.56%) has slowly been building a healthcare business that leverages its existing ecosystem and provides value to Prime members. Yesterday, Amazon announced a $5 subscription called RxPass, which provides unlimited prescription medications. The video below breaks this down and discusses how it can disrupt companies like Teladoc (TDOC -1.52%), GoodRx (GDRX -0.59%), and others. The Amazon effect.

*Stock prices used were the morning prices of Jan. 24, 2023. The video was published on Jan. 24, 2023.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Eric Cuka has positions in Amazon.com. The Motley Fool has positions in and recommends Amazon.com, GoodRx, and Teladoc Health. The Motley Fool recommends CVS Health. The Motley Fool has a disclosure policy. Eric Cuka is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel.