DRUGSUS (11/24/2013) - Prescription drugs can be quite expensive, and even those who have health insurance often pay more than they need to. According to a 2012 Consumer Reports "Best Drugs" poll on prescription drugs, Americans routinely take an average of four medications per day, spending nearly $800 on drug costs each year. Those who do not have health insurance may have to pay much more out of pocket.

As expensive as prescription medications can be, there are still ways to save money on prescription drug costs.

Comparison shop

Believe it or not, drug prices vary depending on the time of the year and even the pharmacy. A person can shop around for the most affordable medication just like they would when buying another product. Prescription drug apps enable you to search for discounts in your neighborhood.

Read your bill

Medical coding and billing is not always accurate. Employees entering codes may put in the wrong information, inadvertently charging a person for the wrong medication. Treat your medical bills as you would any other bill and verify that the charges are correct. If you have any doubts, check the drug name with your doctor and then consult with the pharmacy to see if an error was made.

Opt for generic medications

Generic versions of hundreds of brand name prescription drugs are available and typically cost a lot less money. With a generic medicine you are not paying for marketing and advertising costs. These drugs are routinely tested for efficacy and safety. There is really no reason to select a name-brand medicine over the generic alternative, even when it comes to over-the-counter drugs. Ask your doctor on your script to check the box for the generic option.

Use a preferred pharmacy mail-order service

Certain insurance companies have negotiated discounts with mail-order pharmacies and pass on the savings to their members. Medicare and other government-sponsored plans may offer the same type of deal, and consumers can save a substantial amount of money by opting for mail-order service.

Consider big wholesalers for prescriptions

You may think of Costco or Sam's Club as your go-to place to buy 30-packs of toilet tissue, but these retailers also offer discounts on prescription drugs. Even nonmembers are allowed to use these warehouses for their prescription drug needs. Big wholesalers could give you the best deal on your pills.

Skip the insurance sometimes

Consumer Reports says hundreds of commonly used generic medications can be purchased for around $10 for a three-month supply at various major chains. Program details vary, but consumers might be able to save a lot of money by using these programs and leaving their insurance cards in their wallets.

Opt for OTC

In many cases, an over-the-counter medication may be just as effective as a prescription drug. Talk to your doctor about trying an OTC remedy before a prescription is written. Ibuprofen may relieve arthritis pain, and diphenhydramine could alleviate insomnia, all at a much lower cost than prescription drugs.

Prescription drug costs can add up. But there are a number of strategies consumers can employ to reduce the out-of-pocket expenditures on medications.

SurfKY News

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

In Other News...

GPD Reminds Citizens about Yard Sale Signs

GREENVILLE, Ky. (5/25/15) — Greenville Police Department would like remind the citizens of Greenville about laws… Read More

Muhlenberg District Court Fines Handed Down

GREENVILLE, Ky. (5/25/15) — The following fines were recently handed down in Muhlenberg District Court. Scotty Stewart,… Read More

Most Read This Week

May 22, 2015 7195

Madisonville Man Charged with First-Degree Rape

by SurfKY News
May 23, 2015 6785

Missing 5-Year-Old Boy Found

by Doreen Dennis, SurfKY News
May 20, 2015 3530

Pennyrile Forest State Resort Park Holding Beach…

by Gil Lawson
May 21, 2015 3256

Police Charge Madisonville Man with Harassing…

by SurfKY News
May 25, 2015 3060

Can Sunscreen Save Your Life?

by Melissa Patrick

Most Read This Month

May 15, 2015 10700

New Madisonville Business In Full Operation Soon

by Tammy Holloway, SurfKY News
May 15, 2015 7501

Investigation of Local Barber Shop Leads to Drug…

by SurfKY News

Stories Trending Now

May 25, 2015 3060

Can Sunscreen Save Your Life?

by Melissa Patrick
May 25, 2015 1731

UPDATE - MPD Seeks Three in Residential Robbery

by SurfKY News
May 25, 2015 1574

Hopkins Man Injured in Muhlenberg Motorcycle…

by SurfKY News
May 25, 2015 993

Damascus Road House Leads Young People to Christ

by Tammy Holloway, SurfKY News
May 25, 2015 911

Seniors Celebrate with Cook-out, Games, Fellowship

by Tammy Holloway, SurfKY News
May 25, 2015 572

Deep in the Brain: Why Some Smokers Can Quit

by Melissa Patrick
May 25, 2015 567

Muhlenberg District Court Fines Handed Down

by Charles W. Riley II, SurfKY News
May 25, 2015 545

Advice from Caregiver Offered during Brain Cancer…

by Samantha Carver, SurfKY News
May 25, 2015 465

New State Police Cadets Report for Training

by Stu Recke
May 25, 2015 439

Wounded Warrior Returns to UK for Journalism…

by Rebecca Stratton, Jenny Wells, Blair Hoover, Elizabeth Baunach