Keeping up with the ever changing face of prescription drugs in this country is not as easy as keeping up with personal finance news. The changes that are happening with the rising cost of co-pays and the way drugs are moved from one approved list to another are almost too much for someone with a life to keep up with. So how do you keep all the information about prescription drugs straight these days? You do it by remembering a few hard fast rules that will apply no matter what your particular insurance situation is.
Always Choose Generics
It doesn’t matter how long you’ve been on a medication, it is always better for you to go with the generic drugs. Since they no longer have to pay for the research and development attached to the drug they are cheaper to make and sell, which means your insurance will make certain you pay less for it too.
Prices Can Change At Any Time
This is a hard one to swallow, but it doesn’t matter what you were previously quoted at or what your prescription drug card says it is always within the insurance companies right to change the price at any time. They will decide to put a drug on formulary or non-forumlary and when that happens this can affect the price.
Large Quantities Affect Price
When purchasing maintenance drugs (prescriptions that must be continued from month to month) it is always beneficial to purchase in a ninety day supply. Drug companies often give a discount for buying in larger quantities. Sometimes you have to do this through your insurance companies mail order facility, but the price break is available. Navigating your way through prescription drugs is difficult, but with these hard and fast rules the trip got easier.
