Published March 6th, 2020 by Stephanie
Over the last decade, drug prices have risen every year. In 2020, the prices will continue to climb. Experts are already reporting that some drug prices have risen as much as 7.1% in the United States. When you’re on a limited budget, these increases can be a huge financial problem. Fortunately, there are some things you can do to help save money on prescriptions in the face of rising costs.
There are several factors that impact the rising costs. Some are because the cost of ingredients or manufacturing increases. In other cases, it is in response to lower market demand. However, in many cases, it is so that pharmaceutical manufacturers, insurance companies, and pharmacies can all make more money. Regardless of the reasons, these high prices can be almost impossible to afford for many people.
There are some things you can do to help save money on prescriptions including:
? Comparison Shop: Many prescriptions are made under different brand names. They have the exact same formula, ingredients, and efficacy, they are just sold by different pharmaceutical companies. Comparing the prices of these drugs can help you find which one is the most affordable.
? Consider Switching Pharmacies: Even though they are all selling the same product, different pharmacies have different prices. That is because each company has a different pricing strategy to meet market demand and regulate their inventory. Going to a different pharmacy can save you a lot of money.
? Get Coupons: There are coupons available for pharmaceuticals from both the manufacturer and the pharmacy. These coupons offer percentage discounts, bulk buying discounts, and even just direct savings. Coupons are also free and can be used by anyone.
These few tips will help you save money on prescriptions to combat the rising prices.
The best way to get started is with USA Rx. We offer a variety of ways to help you save. You can compare prices on our website or app and sign up for a free discount rx card. With these tools you can research prices, access coupons, and find the best possible rate easily. Many of our customers have saved up to 75% on their prescriptions. The best part is our services are completely free, so there’s no reason not to join us. Head to our website at www.usarx.com and start saving today!