June 12 2008
The Truth About Saving Money With Generic Drugs
Tagged Under : generic drugs, Health Insurance
Prescription drug coverage can often times be just as confusing as physician coverage. There are a few options that you should know about, that can save you hundreds of dollars every time you have a prescription drug filled.
If you do not know already, generic drugs are much less expensive than their name brand counterparts. I am sure many of you already new this. What you may not know is the same company that makes the name brand drugs, usually make the generic version as well. Other than the package being a bit different and the pills themselves having a different appearance, most of the time you are getting the exact same drug.
When you fill you prescriptions you should always ask for the drug to be filled by the generic version. Most insurance companies require the generic version if it is available. Generic drugs can mean the difference of paying $20 and paying $200.
You should also check to see if your insurance company offers a meds by mail program. These are great for a reoccurring prescription. Often time they are free or offered at a minimal fee. The best part is your prescription is mail to your house every month.
By checking into the programs that your insurance company offers and always asking for generic drugs, you can save yourself hundreds even thousands of dollars every year.
