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 plans that may or may not cover these expensive items, how can one afford to continue taking these necessary medications?
Rise in Consumer Responsibility
Consumers are now responsible for using all available resources to find the lowest price for their medication. The Prescription Discount Card from Discount Drug Network is a resource available to help reign in medication costs that are initially unaffordable. The Prescription Discount Card can be used in place of insurance, and is accepted at over 65,000 pharmacies nationwide.
The Discount Drug Network offers an easy to use Drug Pricing tool online for consumers to use to check the prices of their medications. This tool allows consumers to see what their costs will be when using the Prescription Discount Card for a specific product at each pharmacy the card is accepted at, before they even go to the store. Since prices can vary from store to store, this function allows consumers to compare the discounted price between pharmacies and to their insurance copays in order to figure out the lowest price available to them.
Top 5 Most Profitable Medications in 2013
Looking at the top 5 most profitable medications in 2013, you can see the cost savings that the Prescription Discount Card provides can be substantial. The #1 most profitable drug in the US in 2013, the antipsychotic agent Abilify (aripiprazole), brought in over $6.3 billion in 2013. The most profitable medication of 2013 comes with a large price tag – a 30 day supply of a common dose of this medication, 5mg, is $998.99 at Rite Aid in Oceanside, CA. This hefty price tag can decrease to $850.23 using the Prescription Discount Card, saving the patient nearly $150!
The #2 most profitable medication in the US in 2013 was Nexium (esomeprazole), used to treat acid reflux or GERD. A 30-day supply of this medication at the most common dosing of 40mg once daily would cost $317.99 at the same Rite Aid store. The Prescription Discount Card would lower the price of this medication to $263.45, saving patients who take this medication over $50!
Third on the list of most profitable medications in 2013 is Cymbalta (duloxetine), an antidepressant. This medication has finally gone off patent at the end of 2013, providing some cost relief to patients across the country. A 30 day supply of the brand name form of this medication at the local Rite Aid, calculated using a common dosage of 60mg once daily, would cost $392.99. The Prescription Discount Card was able to bring this price down to $345.62, saving the patient $47!
The #4 most profitable medication in the US in 2013 was Humira (adalimumab), a self-injectable medication used for the treatment of Crohn’s disease and rheumatoid arthritis. This costly medication is available in easy to inject pens, and a one month supply of this medication at the 40mg dosage would cost $3153.99 at the local Rite Aid. Using the Prescription Discount Card would bring the price down to $2727.59 at Rite Aid, saving patients who have to pay the out of pocket price for this medication over $400!!
The 5th most profitable medication of 2013 is the cholesterol-lowering agent Crestor (rosuvastatin). This popular medication is commonly taken in dosages of 20mg once daily, and would cost $249.99 at Rite Aid for 30 tablets. The Prescription Discount Card would lower the price of this medication to $203.50 at Rite Aid, saving patients taking this medication about $46!
As you can see, the potential cost savings available using the Prescription Discount Card can be remarkable. The Prescription Discount Card is free for everyone, and can be used if the consumer does not have insurance, or if their insurance company does not cover their medication. It can also be used in place of insurance if the insurance charge is higher than the discounted price. Discounts from 10-85% are available, depending on the medication strength and quantity needed as well as the pharmacy it is filled at. Consumers can request their individual Prescription Discount Card online and have a hard copy of the card mailed to their home to keep it in their wallet as well. This will allow them to decrease their drug costs on the go the next time a prescription medication is needed.