Prescription drugs cost more in the United States than in any other country in the world. In 2011, American pharmacies sold an astonishing $228 billion worth of prescription drugs. Why do prescriptions cost so much? It takes millions of dollars for drug companies to research and develop new drugs. After FDA approval, the company still has to promote the drug. The cost gets shifted onto you, the consumer. Given the high costs of researching and promoting new drugs, saving on prescription drugs probably seems impossible.
Have no fear, because saving on prescription drugs is easier than you might think. There are several ways that you can ease the burden on your wallet:
1. Check out drug manufacturer’s discount programs and coupons
If you take brand name drugs, it would be a smart idea to check out the manufacturer’s website to see if they offer some sort of a co-pay program. For example, the makers of the asthma drug Alvesco offer a co-pay program that can save you hundreds of dollars a year. There are plenty of similar programs offered by many different drug companies. These programs are your best chance of saving on prescription drugs from brand name companies.
2. Use a prescription drug discount card
While Discount Drug Network’s prescription discount card probably won’t save you as much on brand name drugs as a manufacturer’s co-pay program will, you can’t beat the discounts our card will give you on generic drugs. Card users save an average of 47% on generics! The card is completely free, can be used by anyone, and never expires. Even better, you can get a discount on any FDA approved drug. It’s one of the best ways to save money on prescriptions.
3. Compare pharmacy Rx drug prices before you shop
Pricing transparency is one of the biggest problems in healthcare. Pharmacies don’t advertise their prices on prescription drugs, but prices can vary from store to store. Use an online price checker to compare pharmacy prices before you fill out a prescription. There are many resources online, including Discount Drug Network’s helpful pricing tool. Be an informed shopper and save money!
4. Use a mobile phone Rx savings or price comparison app
There are plenty of great savings apps available for your smart phone. Some of them can help you check pharmacy prices, while others, like the Discount Drug Network app, which is essentially our prescription discount card in electronic form!