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Recognized Social Butterfly
Posts: 923
Registered: ‎01-02-2012

Re: Holding Down Medical Cost Questions? Prescription Medication

Message 1 of 4 (449 Views)

r213969j wrote:

One can ask all the questions they want, the bottom line, the Part D for RX is simply a joke. Who ever invented that plan simply was a **bleep**. Why does AARP not address this?


Huh? Why would AARP address that? AARP sells tens of millions of dollars worth of Part D insurance policies a year.

Info Seeker
Posts: 1
Registered: ‎06-15-2017

Re: Holding Down Medical Cost Questions? Prescription Medication

Message 2 of 4 (499 Views)

One can ask all the questions they want, the bottom line, the Part D for RX is simply a joke. Who ever invented that plan simply was a **bleep**. Why does AARP not address this?

Recognized Social Butterfly
Posts: 838
Registered: ‎09-03-2011

Re: Holding Down Medical Cost Questions? Prescription Medication

Message 3 of 4 (555 Views)

Generic prescriptions do help to hold down medical costs.

 

However many pharmaceutical companies do whatever possible to keep the patent rights beyond expiration on many popular lifesaving drugs preventing any competition from producing those drugs.

 

They’ve been known to simply change a drug to an extended release formulation or combine two different drugs into one pill and even file citizen petitions to stop competition.

 

That way they can keep their monopoly on popular drugs and continue to charge whatever they want.

 

Greed. That’s why drugs cost so much.

 

http://www.aarp.org/health/drugs-supplements/info-2017/rx-prescription-drug-pricing.html

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Valued Social Butterfly
Posts: 8,624
Registered: ‎08-18-2008

Holding Down Medical Cost Questions? Prescription Medication

Message 4 of 4 (579 Views)

Do you use generic medication if it is available for your needs? If not, why not?

 

Does your doctor(s) know when a generic medication is available in place of some brand medication?

 

Do you (and your doctor) believe that generic medications are equivalent to their brand counterparts in all aspects for your ur needs?

 

Does your doctor(s) seem to know the price range of medication which they prescribe to you? 

 

Do you discuss price of medications or your financial situation with your doctor(s).

 

Do you review your insurers' (Medicare or private insurer) drug plan and formulary each year during open enrollment, if the cost of medication is of concern to you, to see if there is a better plan for your needs?

 

There is lots of discussion going on in Washington about health care cost, lots of it has to do with medications cost.  So I am just wondering what types of methods you might use to hold down your specific cost in this area.

 

You certainly should not be cutting the dosage prescribed but are there any other ways which you use to monitor and control these cost.