Consumer reports offers sound advice for getting the best prices on prescription drugs.
Are you getting a good price for your prescription? If you have insurance with a copayment, the price is likely to stay the same from pharmacy to pharmacy however, did you know that some generic drugs cost more with your copay than if you paid cash? Did you know that some of the large chains have enormous markups on generics as compared to mom and pop stores or even Costco?
If you do not have a drug plan, it is even a larger problem. Many who are uninsured for medications visit Costco, since they have some of the best overall pricing but did you know, there is somewhere even less expensive?
Check out this Consumer Reports article on how to get the best prices for your prescription medications.
Save Money on Meds: 6 Tips for Finding the Best Prescription Drug Prices
Prices can vary widely from store to store, even in the same town. The trick is to shop around.
By Consumer Reports
Last updated: December 02, 2015
This past summer when Debbie Diljak, 54, of Raleigh, N.C., went to pick up her pain medication from a nearby pharmacy, she was shocked when she says she found that the price had skyrocketed from $38 to almost $200 for a month”™s supply. Diljak didn”™t have insurance, so she simply didn”™t fill the prescription for duloxetine (generic Cymbalta), an antidepressant that also is used to treat certain types of pain. Instead, she took another anti-inflammatory drug that cost less. What happened next wasn”™t a big surprise: “œI stiffened up and hobbled around a lot,” Diljak says. “œBut I just couldn”™t afford the drug at that price.”
Like Diljak, millions of Americans have been hit with high drug costs within the last year. In fact, a recent Consumer Reports National Research Center poll of 1,037 adults showed that a third of those who currently take a drug said they experienced a spike in price in the past 12 months””anywhere from just a few dollars to more than $100 per prescription.