11 ways to slash prescription costs
Having trouble paying for your pills? These tips can help.
But it doesn't have to be.
There are ways around paying full price for a one-time antibiotic or a long-term medication. Depending on your income level, you might not have to pay at all. (Post continues after video.)
I've compiled a list of 11 tactics for reducing drug costs. One or more may help you keep medical costs in check.
A better price upfront
1. Ask for generics. Wal-Mart first offered $4 prescriptions back in 2006, and other stores have followed suit. Ask your doctor if any of the meds you take have effective generic equivalents, then see if they're on the reduced-price generic lists. A site called MedTipster has a pharmacy search engine for discounted generic medications.
2. Request a price match. When I wanted to switch my $10-a-month thyroid meds to a $10-for-three-months plan at a different drugstore, the pharmacist offered to give me that price, just to keep my business. See if your current provider will match another pharmacy's rate. It can't hurt to ask.
3. There's an app for that. Sites like LowestMed and GoodRX will help you compare prescription costs in your area.
Coupons for drugs?
4. Split pills. Taking 10 milligrams of a medication? You might be able to buy 20-mg pills for about the same price, then cut them in half. Talk with your doctor about this, since not every drug can be safely divided.
5. Use coupons. Check magazines in the doctor's waiting room for discounts on prescriptions or free 30-day trials. Or visit websites like InternetDrugCoupons.com and Optimizerx.com.
6. Switch drugstores. Some pharmacies offer free gift cards if you transfer an existing prescription or bring in a new one. This is worth it only if the drug price is comparable to what you're already paying.
7. Get a discount card. The Together RX Access program provides savings of 25% to 50% for the uninsured.
8. Order online. According to the U.S. Food and Drug Administration website, it is illegal to ship drugs into the United States not approved by the Food and Drug Administration. The law requires that medications "have their formulation approved by FDA, be made in a plant registered with FDA and be produced under quality standards enforced by FDA."
Otherwise, you might not get what you paid for. According to the Mayo Clinic website, some Internet orders have "turned out to contain no active ingredient or to contain the wrong medicine."
Thus you should order only from online pharmacies in the United States. While there are excellent online pharmacies based in Canada, the National Association of Boards of Pharmacy notes that some shady northern outfits source their drugs from countries where standards are lax and counterfeit pills more common.
To find out if an online pharmacy is approved, check its name through LegitScript.com. A site called PharmaHelper.com will find you the best price among NABP-approved online pharmacies.
Can't afford your pills?
9. Get free drugs. Retailers such as Publix and Meijer offer some prescription drugs -- including prenatal vitamins, ACE inhibitors, Metformin and certain antibiotics -- completely free.
10. Ask for samples. If money is tight, say so. Your physician might have 10 days' worth of antibiotic samples on hand. Even a month's supply of a maintenance medication eases the financial burden.
11. Apply for free meds. Pharmaceutical companies make medications available to low-income Americans. The nonprofit Partnership for Prescription Assistance can help you find sources to get medicine cheaply or even free if you qualify. NeedyMeds provides info on how to find low- or no-cost medications and health care.
More on MSN Money:
There are licensed, legitimate Canadian and other international online pharmacies that sell safe prescription drugs. These pharmacies follow stringent standards to ensure patient safety, including requiring a valid doctor’s prescription, obtaining demographic and medical information from the patient, having a licensed pharmacist on staff and having a physician review patient information before authorizing a prescription.
In addition, verified international pharmacies sell the same brand-name maintenance medications that are sold in the U.S., but at much more affordable cost - often at a savings of 50 percent or more.
Everyone should have the right to safe and affordable medications, and the right to choose where to purchase them.
RxRights is a national coalition of individuals and organizations dedicated to promoting and protecting American consumer access to sources of safe, affordable prescription drugs. For more information, visit www.RxRights.org.
Helpful, but the part about the FDA and drug importation leaves a lot left unsaid. The FDA does not prosecute individuals who personally import medication for their own use in accordance with FDA's own policies on enforcement discretion. It's the online pharmacies outside the United States that offer the lowest prices on prescription medication but how do you tell which ones are trustworthy?
A recent Op-ed in the New York Times called "The Wrong Way to Stop Fake Drugs" goes a long way to answer this question. Its author led a study that tested websites that sell medication, foreign, and domestic and found that credentialed sites (those approved by NABP, PharmacyChecker, LegitScript or CIPA) sold authentic medication and required a prescription.
Others did not. It also found that the credentialed foreign sites sold the same products sold in US pharmacies but at a much lower price.
According to the Commonwealth Fund, 48 million Americans did not fill a script in 2010 due to cost. Let's make sure to get our facts straight and give Americans all the options available to them for affording their medications.
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