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Navigating High Drug Costs
  • Posted On: June 12, 2024
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Your Guide to Navigating High Drug Costs with EZRX Discount Cards

High costs of prescription medicine force many people to skip the full doses of medicine, that can lead to serious health consequences. The crisis is further fueled by the launch of new brand biologicals, and year-over-year price increases. Patients are experiencing higher costs due to exclusions from health insurance plans, high deductibles, higher copays, and higher pharmacy costs. A recent report says that the annual average price of specialty medicines has tripled in the last decade. Moreover, taxpayers have to bear the costs of Medicare and Medicaid, which has also resulted in an increase in medication costs. Increased market competition can also drive medication costs, as multiple companies that produce similar drugs put them into competition with each other. Pharmaceutical patents result in market exclusivity, allowing pharmaceutical companies to monopolize new medicines.

However, you can explore some options to reduce the costs of your medications. These include using biosimilars, which provide you with an affordable alternative to expensive branded medicines. You can also ask your healthcare provider whether you can switch to a lower-cost brand version, a lower-cost non-prescription medicine, or a generic medicine. People often think generic medicines to be of inferior quality, but they have the same active ingredients as branded drugs, and thus you can have similar benefits from them, and that too at a much lower cost. Federal Government’s Medicare plan is for those above 65, and other individuals with certain disabilities. It offers prescription drugs at affordable costs, which are put under the Part D plan.

Save on all prescription medicines, OTC medicines, and pet medicines

On average, generic medicines cost 60% to 80% less than their brand-name counterparts. These medicines are priced less as drug manufacturers do not have to pay for development costs. Biosimilars are close copies of biologic medicines, and thus cost less. You can also use over-the-cost (OTC) medicines if your doctor agrees. A great option to consider is using a drug discount card to lower the costs of your prescription medicines. These cards, like the EZRX drug card, are powerful tools for the patients on plans with high deductibles, high copays, limited coverage, or no coverage at all.

How a pharmacy discount card works?

Prescription prices are determined by drug manufacturers, pharmacies, and pharmacy benefits managers (PBM). PBM negotiates discounted prices between manufacturers and pharmacies, and then works with marketing companies to promote discounted programs. When a patient uses the card, the discount company receives a small percentage of profits. The pharmacies agree to accept drug discount cards as they are thus able to sell more medicines at a lower profit, which they would otherwise not have been able to sell. Increased sales compensate for lower profits, and the pharmacy is thus able to make more profits eventually.

Get your medicines at the lowest price

EZRX drug discount card gives you up to 75% discount on all prescription medicines, including branded, generic, OTC medicines, and pet medicines. The card is accepted at over 65,000 pharmacies all over the USA, including brand-name chains, such as Walmart, SafeWay, RiteAid, Winn Dixie, and CVS. To get the lowest price of your medicine at a local or branded pharmacy near you, you can check drug prices online at the EZRX website, and head to a pharmacy selling the medicine at the lowest price. Some of the medicines for which you can use EZRX medicines savings card to navigate high costs are:

Benzonatate cough medicine: 72% discount
Adipex weight loss medicine: 70% discount
Albuterol HFA inhaler: 50% discount
Ibuprofen anti-inflammatory medicine: 60% discount
Sildenafil impotency medicine for erectile dysfunction: 90% discount
Insulin Glargine to treat Type 1 diabetes: 6% discount

You can use your EZRX medicine savings card to help navigate high drug prices for your entire family, as the card can be used by you and your entire family for an unlimited number of fills and refills. You can get your free and activated EZRX card by sending the keyword “EZRX” to phone number (844) 774-6337. The card is completely free, you do not have to pay any upfront registration costs, or renewal charges whatsoever. You can use your EZRX card even if your insurance, as it works independently of your health insurance. You can use it for all those medications which are not covered by your health insurance plan, or which have high copay or high deductibles. With EZRX card, you will never have to pay the full costs of your medicines.

 

Your Guide to Navigating High Drug Costs with EZRX Discount Cards

Disclaimer: The information and content posted on this website is intended for informational purposes only and is not intended to be used as a replacement for medical advice. Always seek medical advice from a medical professional for diagnosis or treatment, including before embarking on and/or changing any prescription medication or for specific medical advice related to your medical history.

Click here to download your card