The costs of brand name prescription medications are on the rise, emptying the pockets of patients and inflating the wallets of drug companies across the country. The top 5 medications by sales brought in over $28 billion in the US alone in 2013. With such a high price tag on prescription products, and ever-changing insurance… [Read More…]
Managing drug costs without insurance can be very challenging for many people. Take Joanne Smith as an example. Joanne is very healthy for her age – she is 87 years old and does not take prescription medications chronically. The only daily medication she takes is a low dose aspirin, just as her mother did at… [Read More…]
The Affordable Care Act, otherwise known as Obamacare, requires insurance companies in 2014 to offer new categories of health insurance plans to consumers: Bronze, Silver, Gold, and Platinum. These plans will all offer a minimum standard of benefits determined by the government, known as the plan’s “essential health benefits”. What many don’t realize, however, is that… [Read More…]
ObamaCare plan details have been revealed over the 2nd half of this year. A lot of studies have been conducted and articles written on the impact this new law will have on the costs of health insurance. Most of this coverage focuses on the cost of the monthly plan, but much less coverage is being… [Read More…]
Who else wants to stop overpaying for prescription drugs? The numbers are startling… last month, Discount Drug Network saved U.S. prescription drug shoppers over $430,000 for the month! The average savings per prescription filled was $25, slightly more than our usual average of around $23. Prescriptions were filled in all 50 states with over 600… [Read More…]
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… [Read More…]
Did you know… you are likely overpaying for your prescription medications? With the opaque, confusing pricing system used by the pharmacies, insurance companies, and drug manufacturers, I’m sure this fact doesn’t completely surprise you. But still, check out the below info-graphic from Discount Drug Network to learn about why you’re overpaying for Rx medications and… [Read More…]
If you haven’t yet tried Discount Drug Network’s mobile app for the iPhone, you have to right away! For any of our cardholders carrying a Prescription Discount Card in your wallet but also carrying an iPhone, this app is a no-brainer. You can save on prescription drugs using your mobile phone, and it works exactly… [Read More…]
One question we’ve been getting from many people lately is about what the Rx BIN and GROUP numbers mean on Prescription Discount Cards. You’ll notice that all prescription discount cards utilize Rx BIN and GROUP numbers on the front. Many also feature a Member ID number, which we’ll also explain. Here’s a quick primer on… [Read More…]
Saving money on prescription drugs might seem like a lost cause. Healthcare in general is baffling and no one seems to know exactly how it works. But there’s a cape-clad superhero of savings standing on a rooftop, looking out for you at every turn: we are Discount Drug Network. What exactly does Discount Drug Network… [Read More…]
