Stop Paying Too Much For Prescription Medication

Stop paying too much for prescription medication. According to Bloomberg News, the United States has the highest medication prices in the world. On average, Americans spend about $1100 per person every year on prescription medication.

Why are medications so expensive?

Drug companies decide on their medication prices based on supply and demand of the market to support their drug research and development. One in four people finds that the discounted list price is lower than their insurance copayment.

Discounted medication is usually a generic medication. However, it is usually the same genetic you would have purchased for a higher price.

What do you need to do to stop paying too much?

1) Ask your pharmacist about their discount list and compare the cost to your co-pay.
2) Ask your doctor to prescribe a 90 day supply
3) Inquire about mail order
4) If you take a regular tablet, ask you, pharmacist, if your tablet can be split in half
5) Publix has free amlodipine and free antibiotics

Two main myths about free and discounted medication

1) The medication is different than the medication you would get with your insurance
2) The medication is of low quality

Where Can You Find the Discount Medication lists?

You can find discount medication at just about every drug store or pharmacy, but if you don’t ask, you won’t get the discount. This is the best-kept secret.

I know this because it happened to my husband. We get his blood pressure medication from a popular local pharmacy, and we knew about the four dollar list. Therefore, we always ask is this the best price, but this particular day we forgot to ask for it. So, they requested $24 for the twelve dollars 90 day supply on the four dollar lists. Ask your pharmacist if you could split a higher dose to save even more.

Go to the links below to see if our medication is listed for unbelievable savings

1) CostcoCostco
2) CVS CVS
3) Publix Publix
4) Walmart Walmart
5) Walgreens
6) Winn Dixie Winn Dixie
7) GoodRx

What Else Can You Do To Save Money on Your Medication?

You can also compare several drug store prices by going to the GoodRX website or download the app. prices
GoodRx app is useful if you do not have insurance. Take a look at the video below for more information about how GoodRx works.

Resources

GoodRx retrieved from www.goodrx.com
Nugs, K.V., Joyce, G., Ribero, R., & Goldman, D. P. (2018). Overpaying for prescription drugs: the copay clawback phenomenon. Retrieved from

The opinions expressed are meant for educational purposes only and should not be used to diagnose or treat any medical condition. Consult your doctor or health provider for medical advice. The views expressed in this blog are my own and not those of the University of Alabama at Birmingham, Veterans Affairs, or any other entity. I have an anti-spam policy and would never share your personal information. This site contains affiliate links for some products I recommend that I know are useful. If you purchase those products, I may earn a small commission at zero extra cost to you. Thanks in advance for your support!
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