Several post mention savings on prescriptions. I don’t have any regular prescriptions. I compared prices I paid for the 2 prescriptions I had filled in 2024 at my local CVS vs Costco, using Costco’s current listed prices on website. Costco doesn’t seem to be universally less expensive for prescriptions, but certainly good to comparison shop when you have an expensive regular prescription.
Prescription 1 (generic, 90 day supply) – CVS = $5.27, Costco = $13.79
Prescription 2 ( Zolpidem Tartrate, 30 day supply) – CVS = $0.56, Costco = $10.99
Several posts also mention eyeglasses. I bought glasses for the first time earlier this year. My vision is good enough that I can function without glasses, but it’s not 20/20 and seems to be declining over time. I compared prices at a variety of vendors prior to buying, including Costco. Costco’s sticker price was excellent – not as low as places like Zenni that start at $6.95 per frame + $3.95 for lenses, but better than almost any optometrists, some of which have a net of as much as 1000% markup, with Luxottica brands being able charge ridiculous prices with their near monopoly. Nevertheless, the price came out lower at my optometrists than Costco due to the structure of my insurance. My insurance has a special carve out for Costco that makes Costco more expensive after insurance than basic options at optometrists, which I expect was intentionally negotiated. The person at Costco I spoke with says this is fairly common with vision insurance.
In my experience, the medical area where Costco really shines is with hearing aids, which are typically sold through audiologists at huge markups. Customers don’t have the option to buy a comparable discounted hearing aid on Amazon or Zenni-like website, as they need to be tuned to hearing loss by an audiologist. When I was comparing hearing aids, a pair of Costco’s KS9’s were less than half the price of any comparable product i found, including if purchased through chains known for lower prices. It was less than 1/3 the price of comparable products sold through an independent audiologist. In addition to the low initial price, there are unlimited audiologist free calibration/customization appointments, unlimited free cleanings, unlimited free filters, … There is also a far superior warranty including things like replacing a hearing aid for reasons such as lost it, rather than broken. My Costco audiologist proactively suggested having all the internal parts replaced when near end of warranty to extend life. Choosing to buy hearing aids at Costco saved me thousands.
If I was buying a hearing aid, I’d absolutely get a Costco membership. However, my 5 year old KS9 is a quality product, so I don’t expect to need to buy one any time soon. I wouldn’t say the same about the KS10 and their switch to rechargeables that led to the end of the Costco KS hearing aid line, which I hope Costco resolves by the time I am in the market again.