Monday, September 6th, 2010

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ManagingMyDrugCosts


With concern over the economy and questions regarding health care at an all time high, saving money on prescription drugs has become more important than ever. ManagingMyDrugCosts is a resource for consumers seeking tools to lower their prescription drug costs. Below are tips and suggestions on ways to save.  Feel free to submit your own by contacting RxRoundtable at: info@Rxroundtable.org

5 Generic Products That Are Just as Good

While you may be willing to give up your brand name corn flakes for their generic replica, would you ever consider buying generic prescription drugs? If you want to save huge amounts of money you would. Prescription generics typically cost between 20-80% less than their brand name counterparts.
Yahoo! Finance
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How to Keep the Cost of Prescription Drugs Down

The evolution of pharmacy benefit management (PBM) companies is also a boon for consumers. PBMs negotiate drug costs with manufacturers, developing formularies (lists of approved drugs).
FOX Business
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Special Report: Saving On Prescription Drugs

KANSAS CITY, Mo. — Americans spend hundreds of billions of dollars on prescription drugs each year, and depending on the drugs a person takes, it can take a toll on the person’s bank account. So how can a person save money on his or her medications?  You can also save money by ordering a three-month supply of drugs through mail order, or by telling a doctor the patient’s financial situation.
KCTV News Five Read More

Americans Throwing Away $163B in Yearly Prescription Drug Savings

Did your last trip to the pharmacy leave you with a severe case of sticker shock? If so, you’re not alone, and, like millions of Americans, you may also be overspending on prescriptions.
AOL News
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Saving Big Bucks On Prescription Drugs

Mail-Order: People with insurance coverage at work typically have access to mail-order services, where you buy directly from the health plan’s pharmacy. This typically results in a 10% to 15% savings.
Forbes
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6 Ways to Score Cheap(er) Drugs

Buy mail-order maintenance meds
The Motley Fool
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How to cut your medical bills

New York Daily News
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Generics are much cheaper and just as safe and effective as their brand-name counterparts.

Consumer Reports
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10 Tips: Here’s help for retirees grappling with high drug costs

The TODAY Show
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Learn about safe and effective ways to save money: from generic medicine to mail-order pharmacies

WebMD
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The easiest way to cut down down on the cost of drugs is to ask for a generic version

The Associated Press
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It’s amazing how much money you can save with generic and mail-order prescriptions

CNN
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Most employers offer mail-order programs through a prescription benefit manager — simply ask your doctor to write you a new prescription that specifies 90-day quantities

Kiplinger
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You can often get a three-month supply by mail for what you’d pay for a two-month supply at the drugstore

SmartMoney
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