Tuesday, June 22, 2010

How to Save on Pharmaceutical Drugs

Whether it is for the common cold or something requiring more medical attention, patients turn to pharmaceutical drugs prescribed by their doctors in an effort to alleviate their symptoms, manage illnesses, and prevent further problems down the line. The drugs manufactured today are truly a miracle of science; in the most recent cases, they are a culmination of the centuries of medical research and practice by the human race.

Even though these pharmaceutical drugs are vital to our health and well being, they usually don't come without a price tag that would normally put the medicines out of reach for most people. Luckily, this problem has been combated and addressed through a variety of programs. When a new drug is created, the product is usually not available in the less-expensive generic form for a period of time. To help make these drugs more accessible, many doctors can provide samples to their patients in need, or alternatively, the pharmaceutical companies themselves may be able to provide assistance to qualified individuals.

For those who hold health care coverage through their jobs or other programs, these drugs are often available through a vastly discounted out-of-pocket expense; after covering a co-pay, insurance will pay the remaining cost. This co-pay amount varies based on the type of coverage you have and the drugs covered. Where prescriptions are filled can also have a big effect on final price; some co-pays, especially for generics, are less via online programs or discount pharmacies. Once a certain time period has passed, brand name drugs are often converted into generic form at a reduced price tag; this is due to a company's drug patent expiring. When this happens, the savings passed along to individuals is often even more beneficial, especially for those whom don't have insurance.