Congratulations on your decision to start saving money on your prescription medications.
For those with health conditions, one area of life is a continual expense: the cost of prescriptions. Whether you are dealing with a chronic illness that requires regular medications or are coping with an acute condition that needs significant medicinal assistance, the result is always the same: to stay healthy. You have to spend a small fortune on medication.
If you are concerned with managing the ongoing costs of your prescription medications, don’t worry; help is at hand in the form of an Rx discount. We’ll tell you about this and how you can make it work for you very soon, but first, let’s examine the issues behind the cost of prescription medications.
Why are prescription medications so expensive?
There are several schools of thought about why prescription medications are so expensive. There’s no doubt that there’s profiteering involved, and sometimes, this can be on an evil level. However, for the most part, prescriptions are expensive because they need to be costly.
The reason for this expense is that pharmaceutical companies have to cover the costs of research and development— commonly known as R&D. Pharmaceutical companies need to raise funds from their existing medication stock to ensure that they can continue the R&D work required to create the medicines of the future. R&D is expensive, detailed result, and there’s no guarantee that the companies will ever be able to recoup that— a drug can be in (expensive) R&D for years, then the company discovers it isn’t viable. So these costs have to be covered somehow, and the most obvious solution is the one that most pharmaceutical companies take: they charge a high price for the available medication.
So, is that it? Prescription medications are expensive, meaning that people suffering from health conditions have to be able to find the cash to pay for them? There’s nothing you can do about it?
Not quite. Thankfully for you (and your budget!), there are ways and methods to reduce prescription medication costs and correct Rx discounts. As a result, you could save a substantial sum compared to paying the total price— and the pharmaceutical companies are more than happy for you to do so.
Want to find out more about how this is possible? Keep reading.
How does this work?
You will need an Rx discount card to achieve this kind of Rx savings. This card entitles you to receive a variable value on a wide range of prescription medications.
How much is an Rx discount card?
Well, the total cost is… $0.
Yes, you read that correct Rx discount costs zero dollars. Nothing. Zip. Zilch. Nada. Anyone can use an Rx discount card without making any upfront investment and enjoy savings of up to 80% in minutes.
How do I get a card?
You can print a card from the website and use it the same day; it is that simple.
Wait. How is this possible?
Rx discount cards are available thanks to substantial negotiations with pharmaceutical companies. The pharmaceutical companies reimburse the drug store when every user uses it.
Why would pharmaceutical companies do this?
Simple: because it helps to guarantee an income. As we’ve discussed, pharmaceutical companies need to raise funds from existing prescription medications to continue the R&D process for the next generation of drugs. That means they need guaranteed income from patients buying these medications.
So it lets a patient consider redeeming a prescription for a non-essential (but beneficial) medication. The patient could live without the drug, though it’d be better if they didn’t. However, that patient is short on funds and decides they can’t afford the $100 the medication will cost. In this scenario, the pharmaceutical company misses out on $100.
However, suppose the pharmaceutical company offers a discount of 40% on the medication via an Rx discount. In that case. In that case, it might be substantial enough to convince the patient to redeem their prescription and pay the fee. In this instance, the pharmaceutical company still earns $60— and we can all agree that $60 is better than zero!
So these cards benefit both parties: the pharmaceutical company, assured of a continual stream of revenue, and the patient, who can obtain the medication they require at a more reasonable price.
Who is eligible for an Rx discount?
There’s no limit on who is eligible for an Rx discount. If you need prescription medications, you are eligible for a card. Additionally, when you have a card, your family members and pets (for animal prescription medications) are eligible for the same discount.
Can I have an Rx discount card if I am insured?
Yes, these Rx discounts are available to people with and without insurance. However, you cannot apply your Rx discount card and insurance to a single transaction. It’s best to do the math to determine which — your insurance or the discount — will make the medication’s price more affordable.
- If the co-pay is higher than the cost of the medication when reduced by Rx savings, then it will likely be best to use your discount.
- If the co-pay is lower than the cost of the medication when reduced by the discount, then you will probably be better to use your insurance.
How much will I save?
As we mentioned, the maximum saving is 80%, and the average protection is 62%. However, the amount you save depends entirely on the medication you buy. For some prescriptions, the savings will be close to the 80% maximum. For others, the percentage discount could be a lot less. However, isn’t it better to save something from the cost of your prescription medications, even if it’s only 5 or 10%? It all adds up!
How can I increase the likelihood of a substantial discount?
There’s no guaranteed way of doing this with every medication, but as a general rule, you’ll find the higher discounts are for generic rather than the brand-name medication. Ask your prescribing physician to see if there is a generic medication available, as this should help to boost your chances of receiving an Rx discount that is as close as possible to the maximum of 80%.
How do I use my Rx discount card?
The process couldn’t be more straightforward. Just print out your card and take it to your dispensing pharmacy, and they will reduce the price.
Are there any age restrictions on who can have a card?
Not! Our cards are available to anyone who wants one, regardless of age, pre-existing conditions, health status, income, and all other criteria. So if you want one, you can have one.
So if you are looking to reduce the cost of your prescription medications, you’ll be glad to know that it is possible to find an Rx discount that should ensure the prices will suit your budget. So why not download your card today and see how much of a difference it can make to your prescription costs?
Saving has never been so convenient.