Finding Discounts on Prescriptions Among Rising Health Care Premiums

According to a recent report by federal health officials, prescription drug spending rose 12.6 percent in 2014, and these costs are expected to rise another 7.3 percent by the end of 2018.

Higher drug prices in tandem with rising health care premiums can be alarming, and the stress of not being able to afford medications can cause individuals to make rash or unhealthy decisions.

How are Rising Prescription Costs Affecting People?

As the costs of prescriptions rise, individuals could be tempted to make harmful decisions such as rationing the medications they have to avoid spending money on a refill, or not taking their medications at all.

According to a data brief published by the U.S. Centers for Disease Control and Prevention’s National Center for Health Statistics, nearly 1 in 10 American adults don’t take their medications as prescribed because they can’t afford to. Overall, they found 7.8 percent of adults admitted to not taking medication as recommended due to high costs.

Of adults younger than 64, 6.1 percent with private insurance skipped medications to save money, compared to 10.4 percent of those with Medicaid and 14.0 percent uninsured. 1.6 percent of U.S. adults have resorted to purchasing prescription drugs from another country, where medication may not be regulated, to avoid high prescription costs.

Drastic measures such as these are never recommended, but Community Cares Rx recognizes the concerns of those dealing with high prescription costs. Our goal is to make your prescriptions as affordable as possible among rising health care premiums.

How to Save Money on Prescriptions with Rising Costs

Community Cares Rx recommends using the resources we provide to assist you in purchasing your prescriptions at a lower price. Before paying full price for your prescription medications, try the following:

  1. Conduct research.

Using our Pharmacy Locator can help you compare prices of your prescriptions and also show you which discount you can receive using our pharmacy discount card. The Community Cares Rx blog is also updated consistently with money-saving tips and more to help you save on prescriptions.

  1. Print our free pharmacy discount card.

Our free pharmacy discount card can save you 20 percent on brand-name prescriptions and 70 percent on generics. This can significantly lower the cost of your yearly prescription expenses, even in the midst of rising health care premiums.

  1. Take advantage of free screenings.

Vaccines and many preventative health care screenings for common conditions are free for adults. Take advantage of these opportunities to improve your health at no cost, in addition to receiving a discount on your medications with our pharmacy discount card.

For more information on how to continue to save money this year using our services, read “Tips to Save Money on Your Prescriptions in 2017.”

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