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Shopping Around Brings Steep Prescription Drug Savings, Report Finds
Date:3/28/2013

t to get the best deals, shop around and always request the lowest price, Gill advised.

"A consumer can't assume that the price of their prescription medications is set in stone," she said. "One of the big takeaways is that you have to ask for the best price and see if your pharmacist will work with you. Especially for the independent pharmacies, if they want to retain your business and loyalty, they will help you get the best price," she said.

Other ways to save money include:

  • Using generic drugs, which contain the same active ingredients as brand name drugs.
  • Getting refills for 90 days, not 30 days. Most pharmacies offer price reductions on a three-month supply of a medicine.
  • Look for other discounts. All chain and big-box pharmacies offer discount generic drug programs, with some selling hundreds of generic drugs for $4 a month or $10 for a three-month supply.
  • Try shopping in rural areas. The study found that some grocery store pharmacies and independent drug stores had higher prices in cities than in rural locations. For example, a 30-day supply of generic Actos cost $203 at a pharmacy in Raleigh, N.C., compared with $37 at a pharmacy in a rural area of the state.

More information

The U.S. Food and Drug Administration has more about generic drugs.

-- Robert Preidt

SOURCE: Consumer Reports, news release, March 28, 2013


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