How Amazon is trying to tackle high prescription costs

Amazon is best known for its e-commerce business, but in recent years, it has also made a big push into healthcare. The company's Amazon Pharmacy (AMZN) delivers prescriptions to customers' doors. It also offers automatic coupons so that customers don't have to hunt around for cost savings, with Amazon saying customers have saved more than $9 million through the program so far. As part of Yahoo Finance's Healthcare Week, Amazon Pharmacy Chief Medical Officer Dr. Vin Gupta tells Anjalee Khemlani that the service helps "address the biggest problem in healthcare, which is patient information, patient awareness of services, of products that can actually result in lower costs to them for their prescription medications." Yahoo Finance will be providing more analysis on the healthcare industry in its week-long special Healthcare: Industry Checkup. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

 · 1 min read