How To Save On Prescription Drugs
Do you want to know how to save on prescription drugs?
The chances are that you are paying too much for your medications.
Whether you have insurance coverage or not, the price of medication
is still very high, and the prices only look to be getting even higher.
Believe it or not, prices have actually risen about five times more
than they were in 1993.
One very recent survey has shown that in 2007,
Americans spent $287 billion on prescription drugs alone. That number
has most likely increased or even doubled within the last two years.
Many people cannot even afford to take the medications that could
potentially save their lives.
Tips To Save Money On Medications
If you have found that you are struggling
with the cost of medications, then these quick money
saving tips may help
- A lot of medications are not covered by insurance, and research
shows that an estimated 5% are not covered whatsoever. Let your doctor
know what medications your insurance does not cover. Each time
that he prescribes a new medication, ask him if there is generic form
of the drug that will work just as effectively.
- If there is a prescription that you need, but will not be taking
on a regular basis, ask for free samples. A lot of doctor's will actually
forget that they have them in their office unless they are asked for. You never know, you may be lucky and actually not even have to
pay for your tablets.
- Since you are trying to save on prescription drugs, you may want
to consider paying for an insurance plan to help with the cost of
medication. Make sure that you do some research before paying for
anything that seems too pricey.
It would be unrealistic to only go to the doctor once or twice
a year and have to pay for an insurance premium that costs $300.00
a month. See what will work the best for you in comparison to how
much money that you usually spend out of pocket when it comes tyour medications.
- Another great way to save on prescription drugs is to ask your doctor
to prescribe a double dosage of the medication. Asking for pills that
are double in strength can save you hundreds per year.
This is not possible for all conditions and your doctor will be able to discuss this with you.
- If you really want to save on prescription drugs, then compare different
prices at various pharmacies. You wouldn't believe how much of a difference
that there is from one store to the next. Sometimes the medications can be borght off of your prescription for a lot cheaper.
Some might charge $100.00 for a medication, while the pharmacy
across the street is only charging $40.00 for the very same medicine.
You may even want to try different pharmacies for different medications
- Always check frequently with your doctor to make sure that you
still need the medications that you are taking. There is no use in
paying for medicines that you no longer need.
- Keep the medications that you take in a safe place so that
they do not become damaged or lost. You should also keep them out
of excess heat and moist areas so that they maintain their strength.
As you can see, there are a variety of ways to save on prescription
It is a sure thing that the economy isn't going to get any better
overnight, so it will help out in the long run to start practicing these
money saving strategies right now.
You will find that you are able to
save hundreds, if not thousands of dollars per year on your prescription
medications, leaving you with more money in your pocket for other important