The average American household spends almost $500 out-of-pocket on prescriptions each year. But how do you know if your prescription is right for you? Have you asked your doctor about other options on the market? Are you paying the lowest price? Here are three tips to ensure you get the right treatment without breaking the bank.
Generic vs. brand-name medication
When it comes to your health, you are your own best advocate. Your doctor’s preferences, and the success of a particular drug with their other patients, can influence what they prescribe to you. This is why it’s important to ask your doctor specific questions about your medications, and why they are recommending them for you. In some cases, the generic version of a drug might be just as effective as its brand-name equivalent, but cost up to 85% less. The Food and Drug Administration also ensures that generic drugs are just as safe and effective.
Find the best price
Buying a prescription is like buying gas for your car: the key is finding the best price in town. Your doctor will typically know which pharmacy in your area offers the best pricing, and online tools like Community Cares Rx’s pharmacy pricing tool can help you find the pharmacy offering your specific medication as the best price. The Community Cares Rx prescription discount card saves customers an average of 20% off brand names and 70% off generic drugs.
Consider a 60- or 90-day supply
For a reduced price and an added convenience, a 60- or 90-day supply of medication may be the right fit. According to the AARP, healthcare professionals are advising their patients who are at a high risk of contracting COVID-19 to have additional refills on-hand. The U.S. Department of Health and Human Services advises that you have at least one month’s worth of refills, but preferably two.
For more details on Community Cares Rx and other programs that provide cost savings on prescription medications, please visit www.paramountrx.com.