A recent study by the Mayo Clinic shows that a whopping 70% of Americans use at least one prescription drug. One of the most eye-popping statistics of the study was that 23% of Americans over the age of 65 take at least five prescriptions. With baby-boomers continuing to grow older, it wouldn’t be surprising to see more and more Americans taking multiple prescriptions.
Growing dependence on prescription drugs, an aging population, and rising healthcare costs equal huge profits for big pharmaceutical companies and huge costs for you. So how can you keep money in your pocket and save on prescription drugs? Here are 4 great tips.
Talk to your doctor to save on prescription drugs
Compare pharmacy prices to save on prescription drugs
A major criticism of the healthcare industry is that prices are anything but transparent. Although President Obama’s Affordable Care Act attempts to bring some transparency to the game, shopping for medical care and prescription drugs is still difficult. Would you shop for clothes or food without first comparing prices? Absolutely not! So why would you shop for prescription drugs without comparing prices? Fortunately, there are tools available online that can help you compare prescription drug prices. Discount Drug Network has a great pricing tool that will help you find the lowest price on prescriptions.
Take advantage of free health screenings to save on prescription drugs
Many pharmacies or community organizations offer free blood pressure tests and other screenings. Take advantage of these opportunities. Getting a health screening now can save you a lot of money on prescription drugs down the road. Plus, it’s free. What’s not to like about that?
Don’t use coupons, use a prescription discount card to save on prescription drugs
Manufacturers often give out coupons offering discounts on their drugs. However, as Discount Drug Network noted recently, these coupons often are only redeemable for pricey brand name drugs. Worse, the coupons are only good for a certain number of refills, meaning that when the coupon expires, you’re left paying full price for your drugs. Discount Drug Network’s prescription discount card is completely free and can be used on any drugs approved by the FDA, not just brand names! Find out more about how prescription discount cards work.