I was raised by a doctor — who is also board certified in pharmacology — and by a medical office manager. I also worked in a doctor’s office for about a decade before going into journalism.
What I learned from those experiences shapes my life, from what I eat to how I purchase medications.
Below are prescription purchasing tips many people overlook, even though they can cut costs by much more than 50 percent.
1. Consider over-the-counter options
Few types of prescription medications have over-the-counter competitors. Still, it doesn’t hurt to ask your doctor or pharmacist if your prescriptions have such alternatives. These drugs are often cheaper, and they might save you a doctor’s appointment.
For example, Consumer Reports recently reported that certain over-the-counter antihistamines are generally “equally effective at relieving symptoms” as prescription antihistamines.
2. Try generics
Generics are one of the best ways to save money on medications.
Plus, there’s virtually no reason not to at least try a generic drug these days. The U.S. Food and Drug Administration’s [email protected] database makes it easy to determine whether a generic is therapeutically equivalent to its brand-name version.
The FDA explains:
Drug products classified as therapeutically equivalent can be substituted with the full expectation that the substituted product will produce the same clinical effect and safety profile as the prescribed product. Drug products are considered to be therapeutically equivalent only if they … are pharmaceutical equivalents (contain the same active ingredient(s); dosage form and route of administration; and strength.)…
Medications in the database have received a therapeutic equivalence code from the FDA and are divided into two main categories based on that code.
Drugs that have a code starting with an “A” are considered “therapeutically equivalent to other pharmaceutically equivalent products,” according to the FDA’s website. Drugs with a code that starts with a “B” are considered “NOT to be therapeutically equivalent.”
3. Consider paying out of pocket
If your copay is more than $4, you might be overpaying.
For example, big-box stores like Target and Wal-Mart and grocery stores like Kroger and Winn-Dixie offer a 30-day supply of hundreds of generic medications for as little as $4, and a 90-day supply for $10.
4. Check online prices
Prices on the Internet are often lower than those of brick-and-mortar pharmacies. Reputable online pharmacies like HealthWarehouse.com also offer free shipping.
Some stores with brick-and-mortar pharmacies have mail-order programs with free shipping. Costco is one example — and you don’t have to be a Costco member to use mail-order online.
SOURCE: Karla Bowsher