7 ways to spend less on meds
Home » Financial » American Finance » 7 ways to spend less on meds

7 ways to spend less on meds

7 ways to spend less on meds

By Elizabeth Narins

Published May 06, 2013

No one wants to spend more money on medications.

In fact, people under 65 are twice as likely as older Americans to skip their meds, according to a new Centers for Disease Control study.

Centers for Disease Control and Prevention

Centers for Disease Control and Prevention (Photo credit: Nrbelex)

Why? To save money. You know this is a bad idea, but here’s what you may not know: If you fill your prescription at the wrong pharmacy, you could pay up to 447 percent more, according to a new study featured in the May 2013 issue of Consumer Reports.

More: 7 Pains You Should Never Ignore

To investigate drug costs across the country, secret shoppers called more than 200 U.S. pharmacies to price check 30-day supplies of five common genetic prescriptions: the diabetes drug Actos (pioglitazone), the antidepressant Lexapro (escitalopram), the cholesterol regulator Lipitor (atorvastatin), the blood thinner Plavix (clopidogrel), and the asthma drug Singulair (montelukast).

Researchers then tallied the cost of all five drugs at each store and compared the bills.

Overall, Costco was the least expensive—and you don’t even need to be a member to fill your Rx there. Online retailers such as Healthwarehouse.com and Familymeds.com had reasonable prices, too. But according to the secret shoppers, CVS was the most expensive; the prescriptions cost a total of $749 more than they did at Costco. Prices at Rite Aid and Target weren’t much cheaper than at CVS. And while independent pharmacy and grocery store pharmacy prices varied widely, stores outside urban areas tended to charge less.

Continue reading at 7 ways to spend less on meds | Fox News.

Be Sociable, Share!

You must be logged in to post a comment Login

http://ad4.liverail.com/?LR_PUBLISHER_ID=26258&LR_SCHEMA=vast2-vpaid&LR_VERTICAL=preroll&LR_URL=[page_url_macro]&LR_AUTOPLAY=0&LR_CONTENT=6&LR_MUTED=0&LR_VIDEO_ID=[player_videoid_macro]&LR_TITLE=[video_title_macro]