Thursday, October 29, 2009

How to Reduce Your Prescription Drug Cost

         U.S. Health care prescription drug costs account for $.19/$1.00 spent on health care. You can significantly reduce this cost by purchasing ‘low-cost generic prescriptions’.
         You should not have to choose between groceries and the medicines you need. A $4 ‘30-day prescription’ from a pharmacy, with a generic drug program, could save American families hundreds of millions of dollars a year. If you are taking a regular prescription ask your doctor if you can refill it 3 months at a time. Prescriptions can be reduced to $3.33/month by using a $10 ‘90-Day Prescription’.

Example:

(Cholesterol)-Drug: ‘Zocor-generic drug/Lipitor-brand name drug’

Medicaid 43 million patients
They would pay ($.00) for generic, Zocor
They would pay ($3.00) for brand name, Lipitor

Medicaid/Medicare(combined) i.e. a poverty level patient > 65
They would pay ($1.10) for generic, Zocor
They would pay ($3.20) for brand name, Lipitor

Medicare 43 million patients
They would pay ($10) for generic, Zocor
They would pay ($20-$65) for brand name, Lipitor
Medicare Prescription Drug Coverage $828/year
Coverage $.00- $2,700-(donut hole/no coverage)-$4,350

Commercial Insurance 180 million patients
They would pay ($10) for generic, Zocor
They would pay ($40) for brand name, Lipitor

Uninsured 43 million patients
They would pay ($12) for generic, Zocor
They would pay ($125) for brand name, Lipitor

         Solution: Ask your doctor to prescribe only generic or generic equivalent drugs using the ‘$10 90-Day Prescription’ generic program’, if you’re insured by Medicare, Commercial Insurance or are Uninsured. There are 270 million people in the above 3 categories who can benefit from this program.

Compare these pharmacy ‘generic prescription programs’:

CVS

K-Mart

Meijers
https://www.meijer.com/pharmacy ‘free antibiotics’

Schnucks

Walgreens

Wal-Mart

If your brand name drug does not have a generic or generic equivalent that’s available via the ‘90-Day Prescription’ generic prescription program, consider purchasing your medication from Canada.

         Ask your physician for free brand name drug samples and/or coupons they receive from pharmaceutical representatives. Ask for a pill that is twice the dose, so it can be cut it in half, to save money.    
         Some pharmacies, such as Schnucks, K-Mart and Meijers, have free antibiotics they give away with a prescription!
         If you are not eligible for Medicaid or Medicare, you may qualify for prescription drugs without cost to you at the Bloomington-Normal Community Clinic.
         Most importantly, a reduction in your prescription drugs could also be achieved by leading a healthy lifestyle.