Published October 7th, 2019 by Stephanie
There is no denying that medicine when it is required, can be critical to returning to good health, or even keeping someone alive, but because of the usefulness of medicine, it is far from being inexpensive. Prescription medicine in particular, that can only be used when advised by a doctor, is considerably more expensive than the off-the-shelf cold medicines, or allergy medications that people can buy at retail price whenever they wish.
For some Americans, this significant expense is just a temporary financial inconvenience. A surgical procedure or an illness with some hospitalization may require additional medication. Once the recovery has occurred, however, so do the expenses, finances return to their normal levels of spending. For others, however, this “bump” in the finances isn’t temporary; it is permanent and has a significant impact on future financial security.
Some Americans—or their family members—are diagnosed not with temporary illnesses but permanent medical disorders. A heart condition, or asthma, or diabetes are all examples of a medical situation where there is no cure, and medication is required to manage the condition and ensure a healthier lifestyle for the person in question. Without regular consumption of these medications, health can decline, and even death may occur. So un-like other expenses in a person’s life, such as going out to the movies, or shopping for clothes, “cutting down” isn’t an option when it comes to medication, even if that prescription can be expensive.
Some people have the good fortune to enjoy comprehensive coverage through medical health insurance, either as a benefit of being a full-time employee with certain businesses or by having the income available to seek out this type of medical insurance. For those that don’t, however, the prospect of paying full-price on medication can have a huge negative impact on finances.
Fortunately, there are ways to avoid paying full price on medications with a bit of effort. If you want to know how to save money on prescription drugs without an insurance plan, here are some tips.
Few Americans are in the upper class, and for those that are lower-middle, or lower class, the prospect of a lifetime of expensive medications may be more than the current financial situation can handle. And yet, at the same time, it’s not an option to not buy the medication, so what can you do?
One way to get around this is to look into the options you may have for financial assistance in buying prescription drugs. Depending on where you live, and what organizations are present, there may be municipal, state, or even Federal options available to help provide the money needed for life-saving medications, depending on your income level. Other situations can have a huge effect on eligibility for receiving such assistance, like the presence of disabilities, or the need for medication for children. Look into your local options.
Not many people know this, but pharmaceutical companies often try to help promote their medications or brand by providing introductory discounts to people. They do this by giving the discount coupons to people like physicians, who can then share them with patients, should the opportunity present itself, or should the patients ask. Quite often, the physicians forget they even have these coupons present somewhere in their hospital or clinic, so you might want to think about asking your doctor.
If your doctor does have coupons that are relevant to the medication you need, then all you need to do is take these coupons to your local pharmacy the next time you make a purchase. Present them before paying, and the pharmacy should apply the discount, so you pay a lower cost.
One very effective way to enjoy lower prices for people that want to know how to save on prescription drugs without insurance is to do a little research and leg work. Pricing on medication is not standardized; there are no laws in place in the USA to force pharmacies to charge specific prices on their goods. This means that if a pharmacy is in an affluent neighborhood, and they know people are unwilling to drive out further, they can legally charge 300-500% more for their medication, and if residents are rich enough—and lazy enough—to accept that pricing, the pharmacy is legally within its rights to do so.
However, if you’re willing to do your research, you will find that this can also work to your advantage. For example, in less affluent areas, pharmacists don’t want their inventory sitting there, unsold, because no one can afford it. It’s better to make a little profit than none at all, so the pharmacist will price accordingly for the area that they are based in. Some may do this out of sheer economic necessity to keep moving goods, while others may do it out of a genuine appreciation for the neighborhood they live in, and sincere desire to maintain affordability for residents. Look at the pricing of different pharmacies around you. There are plenty of new, high tech tools, such as a medication price comparison apps to help you quickly find out who is charging what in your area, and help you find the best places to pay lower prices on prescription medication and participate in ways to save money.
One of the best solutions for how to save on prescription drugs without insurance coverage is to apply for, and start using, a prescription discount card. These work similarly to discount coupons, but they are not a one-time-use document. As long as you have the card, and it covers the drug you want, and is recognized by a pharmacy that is affiliated with the program the card is a part of, you pay less for your medication upon presentation of the card.
The USA Rx is one example of such a discount card. It’s free, has no fee, subscription or membership required, is recognized in all 50 states, at over 60000 different pharmacies, and has a range of discounts from between 10-75% off, depending on the medication you’re interested in. If you’re looking for a reliable way to pay less on prescription drug prices, look into this and other prescription discount card options.