There are many factors that go into our failing health care system but one of the most obvious is the cost of prescription medication. Shopping for the best prices in your prescription drugs will assist the health care system.
By: Scott Bianchi
Everyone is well aware of the problematic health care industry. It seems the more and more you pay for your health care benefits the less and less they cover.
There are many factors that go into the reasons for this failing health care system and I won’t go into all of them. One of the easiest and most obvious reasons we can point to is the cost of prescription medication.
I am personally on a bunch of medications so I compared some of the prices on my medications. Let’s begin with Nexium (taken for acid reflux disease). My pharmacy charges $151.99 for a 30 day supply. Another pharmacy I checked, doesn’t even offer this medication to get a price comparison. Costco sells that same medication for $130.67. I also checked Lisinopril (blood pressure). My pharmacy charges $13.39 for a 30 days supply, another pharmacy is $13.90 and Costco is $6.79. We are not talking breaking the bank numbers here if you break it down per customer. If you imagine the number of customers just the two major national pharmacies service, and multiply it by the inflated prices, you can easily see how much more the insurance companies are shelling out than is necessary.
If you pay for any medications out of your pocket, and many Americans do, you can see that the simple decision is to buy them through Costco. You do not need to be a member of their club to buy their prescription drugs and if there isn’t a store near you, they can be purchased on-line.
There has been a great deal of press about the cheaper cost of medicine if you buy it from Canada. Costco is even cheaper, believe it or not. My father-in-law has been buying his medications from Canada for years, and comparing prices, we found that Costco was even less expensive. His prescription, Vytorin, was $279 for a 90 day supply plus an additional $15 for shipping from Canada. Costco gives him a 100 day supply for $265.
I have also been doing comparisons from on-line pharmacy websites. You may find some that appear cheaper than Costco or Canada but in most cases it is just appearance. Some of those websites charge monthly membership fees to be able to buy from them. I saw one for $15/month. Some others hide their costs in the shipping. Even worse, some of them are overseas and if they go out of business and keep your money, good luck getting your money back.
Why am I pushing Costco? No, I do not own stock in it and I do not work for them. It just bothers me to see billion dollar companies gouging prices. Therefore, when I see one that is much more reasonable, I like to point it out. So, help the healthcare system in this country, buy your medications at Costco.
Photo: Emuishere Peliculas
About The Author:
Scott Bianchi operates www.best-internet-bargains.com. He writes on a variety of topics. If you would like to be added to his distribution list for his new articles when they are published just send an email to firstname.lastname@example.org.