by PharmacyChecker.com | Oct 31, 2011 | Drug Prices
While millions of Americans cannot afford brand name drugs in the United States, clearly this is not the case for generics – and the prices here keep getting lower! Marc’s, an Ohio-based retail pharmacy, has dropped prices for their generic drugs to a record breaking low – now charging just $1.98 for 30-day supplies of some of their generic drugs. Twenty-seven different generics are offered at this price.
Marc’s low-cost pricing comes as a response to their retail competition doing the same. In order to compete with chain store rivals like Target, Wal-mart and Kmart, smaller, local pharmacies are offering some of the lowest prices. Another example, Discount Drug Mart, – also in Ohio – dropped many of their generics to $1.99 for a month’s supply; this led Marc’s to sneak in at a penny less.
If you’re buying online, Costco.com has very low generic drug prices as well. You can compare prices on www.pharmacychecker.com.
Tagged with: Costco, Drug Prices, generic drugs, generics, Kmart, local, low-cost, Marc's, Ohio, Online Pharmacies, Target, United States, Wal-Mart
by Gabriel Levitt, President, PharmacyChecker.com and Prescription Justice | Oct 20, 2011 | Drug Prices
The simple answer is that tens of millions of Americans cannot afford prescription drugs here in the United States because they’re too expensive. Meanwhile, drug prices outside the U.S. are much lower – often 80% lower. Americans skipping or not taking prescription drugs is a national emergency largely going ignored in our healthcare debate.
Here are the facts about Americans skipping medication due to drug prices:
1. 25 million Americans did not take prescribed medication in 2009 due to cost, according to the U.S. Centers for Disease Control and Prevention. From 1997 to 2009, the percentage of Americans not taking their medications due to cost nearly doubled increasing from 4.8 to 8.4%.
Source: National Center for Health Statistics 2011. http://www.cdc.gov/nchs/data/hus/hus10.pdf#highlights
2. 48 million Americans ages 19-64 did not fill a prescription due to cost in 2010, according to the Commonwealth Fund – a 66% increase since 2001.
Source: The Commonwealth Fund 2010 Biennial Health Insurance Survey, http://www.commonwealthfund.org/Surveys/2011/Mar/2010-Biennial-Health-Insurance-Survey.aspx.
3. 3.4 million Medicare enrollees stop taking their medication due to the coverage gap.
Source: Polinski JM, Shrank WH, Huskamp HA, Glynn RJ, Liberman JN, et al. 2011 Changes in Drug Utilization during a Gap in Insurance Coverage: An Examination of the Medicare Part D Coverage Gap. PLoS Medicine.
4. Prescription non-adherence adds $290 billion to America’s healthcare costs.
Source: U.S. Food and Drug Administration. 76 FR 12969. March 2011. http://www.federalregister.gov/articles/2011/03/09/2011-5287/campaign-to-improve-poor-medication-adherence-u18.
Access our RxSOS fact sheet here.
Tagged with: Commonwealth Fund, coverage gap, Drug Prices, FDA, FDA warnings, healthcare, international pharmacies, Medicare, National Center for Health Statistics, PLoS, prescription non-adherence, prescriptions, Public Library of Science, safety, U.S. Centers for Disease Control and Prevention, U.S. Food and Drug Administration, United States
by PharmacyChecker.com | Oct 14, 2011 | Medicare Drug Plans
If you are eligible for Medicare Part D (Drug Plans), you should be aware that 1) open enrollment starts tomorrow, October 15th and 2) you can now research Medicare Part D plans on our site MedicareDrugPlans.com. On the site you find out which plans are rated best (or worst) by people enrolled in them. You’ll also get the 2011 pricing information for every plan in each U.S. state and territory. The information is completely objective – we are not affiliated with any plan.
If you are already enrolled in a Part D plan, MedicareDrugPlans.com allows you to rate and review your current plan, so others can learn from you.
To actually sign up for a plan, we recommend using the government’s website, Medicare.gov – at which you can best determine which plan covers all the prescription drugs you take. Comparing costs and features can be crucial to your health and your finances. Annual deductible, monthly premium and drug coverage (especially in the “doughnut hole”) are important to consider when choosing or changing your prescription plan.
This year the average premium nationally is $55, actual $1 lower than last year! The standard deductible, on the other hand, increased from $310 to $320. Less than ten plans offer coverage through the doughnut hole. However, under the new health care law, brand name drugs are now 50% off through this coverage gap period.
As open enrollment begins, Medicare enrollees interested in a drug plan are urged to research carefully. Whatever plan you choose will go into effect starting January 1st, 2011 and last for one full year – so get it right! Go to www.MedicareDrugPlans.com now.
Tagged with: deductible, doughnut hole, health care, Medicare, Medicare.gov, Open Enrollment, Part D, premium, prescription drug plans, ratings, United States
