Prescription Drug Costs
July 25th 2007 02:02
Prescription prices are something that almost everyone has to deal with from time-to-time. In the US if you do not have prescription insurance and need a medication that does not have a generic formula, then you either have to pay insane prices or settle for a sometimes not-as-effective substitute. I know most states have different plans and programs that can help, but on my income (more than 17k less than 20k) I wouldn’t qualify.
I am fortunately well insured. This is a combination of working for a very large company and picking a good plan. I take 3 prescription medications and would have to pay around $710 for a ONE month supply at retail costs. Through my insurance’s mail order program I pay $90 for THREE months. In a year I would pay $8,500 retail for medications, not including random antibiotics or whatever else. Right now I pay $360. There is no way that I could ever afford to pay retail costs, and I don’t know many people that could. Now, I could change a few of them around, and get it a little cheaper – but not much.
All that said and as much as I hate shopping at Wal-Mart, their $4 drug program is outstanding. From antibiotics to heart medicines, over 300 prescription drugs are available at $4 each for a 30-day supply. I think this is a good direction to go in, it's just unfortunate that it is needed.
I am fortunately well insured. This is a combination of working for a very large company and picking a good plan. I take 3 prescription medications and would have to pay around $710 for a ONE month supply at retail costs. Through my insurance’s mail order program I pay $90 for THREE months. In a year I would pay $8,500 retail for medications, not including random antibiotics or whatever else. Right now I pay $360. There is no way that I could ever afford to pay retail costs, and I don’t know many people that could. Now, I could change a few of them around, and get it a little cheaper – but not much.
All that said and as much as I hate shopping at Wal-Mart, their $4 drug program is outstanding. From antibiotics to heart medicines, over 300 prescription drugs are available at $4 each for a 30-day supply. I think this is a good direction to go in, it's just unfortunate that it is needed.
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