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U.S. Prescription Drug Spending Per Capita Drops… For the First Time

It may not feel like it, but per capita U.S. prescription drug spending has dropped for the first time ever:

Americans’ per capita spending on prescription drugs fell last year for the first time on record, according to a report released Thursday by the IMS Institute For Healthcare Informatics firm headquartered in Danbury, Conn., which . . . → Read More: U.S. Prescription Drug Spending Per Capita Drops… For the First Time

Do We Really Know Enough About Generic Drugs?

There’s always been anecdotal evidence…:

Andrew Richards remembers that he had just sat down in front of the TV when the lightning bolt struck. “It was almost like it went through my ear because I could hear it. It was kind of like, ‘fwomp,’ right through my head,” he says.

Stunned and disoriented, Richards tried . . . → Read More: Do We Really Know Enough About Generic Drugs?

How Much Will Your Prescription Drugs Cost You? Reading Prescription Drug Formularies

Since we often get questions from people who have health insurance who are confused about how much their prescription drugs cost them, today we though we’d put together a quick guide to figuring out the costs of your prescription drugs. We know it’s confusing to try to figure out all the co-pays and co-insurance for . . . → Read More: How Much Will Your Prescription Drugs Cost You? Reading Prescription Drug Formularies

Tips: How to Save On Your Prescription Drugs

As the prices for prescription drugs have skyrocketed in recent years, an increasing number of Americans have taken steps to save on what they pay for their prescription drugs in alarming and potentially dangerous ways, such as not filling prescriptions, skipping dosages, splitting pills without physician advice, and even sharing prescriptions with a friend.

Before . . . → Read More: Tips: How to Save On Your Prescription Drugs

Are You Shopping Around For Your Prescription Drugs Yet?

If not, read on for how much money you could be saving with a little legwork:

CVS charges $150 for a monthly prescription of the generic version of the cholesterol drug Lipitor. The same drug goes for $17 at Costco.

That’s according to a recent Consumer Reports nationwide survey that sent secret shoppers to 200 . . . → Read More: Are You Shopping Around For Your Prescription Drugs Yet?

Is There Any Rhyme or Reason to Generic Drug Pricing?

If the price of your generic drugs has been bouncing around lately, it looks like you’re not alone:

Wanda Ferrin fills her husband’s prescription for the generic antibiotic doxycycline at a Target in Simi Valley. For years, the medication has cost her $6 a month.

In February, however, the price tripled to $18 for 30 . . . → Read More: Is There Any Rhyme or Reason to Generic Drug Pricing?

Have You Tried Comparing Discount Drug Cards?

If you’ve been using discount drug cards to help reduce your monthly prescription drug costs, there’s a new study out that can help you decide which discount drug card might make the most sense for you:

Edgar Dworsky, founder of ConsumerWorld.org, conducted an informal price comparison of four prescription drugs, using five different discount cards. . . . → Read More: Have You Tried Comparing Discount Drug Cards?

FDA Alert on Bad Counterfeit Avastin

We know that Avastin is expensive. Really expensive. But if you’ve been sourcing relatively inexpensive Avastin lately, you really should take a closer look at where your medication is coming from:

The FDA said in an online post Tuesday that at least one batch of the drug distributed by a New York company does not . . . → Read More: FDA Alert on Bad Counterfeit Avastin

Saving on Prescription Drugs: Is Pill-Splitting an Option?

If you take prescription drugs regularly for a chronic condition, you may have heard that pill-splitting is one way for you to save on your prescription drug costs is to split your pills. But what is pill-splitting, how can you save money splitting pills, and how can you split pills safely?

Pill-splitting is the practice . . . → Read More: Saving on Prescription Drugs: Is Pill-Splitting an Option?

Finding Cheaper, More Affordable Pradaxa… Somewhere

At almost $240 a pop, it’s probably no surprise that we get lots of questions about trying to find cheaper, more affordable sources for Pradaxa. If you suffer from atrial fibrillation, Pradaxa is one of the most commonly-prescribed treatments to prevent blood clots and stroke, but unfortunately, it’s also one of the most pricey.

The . . . → Read More: Finding Cheaper, More Affordable Pradaxa… Somewhere