Crossing the Border for Drug Savings? 1 in 4 Adults Say It Is Difficult to Afford Their Prescription Drugs

Just like my last post about Medicare-for-all and utilization costs…   Foreign travel is an approach one advisor used to control costs for a self-funded client, securing a 6-month supply of medication for a fraction of the cost in the US.  Why are Democrats pushing Medicare-for-All when citizens can source prescription drugs for 70% less in other countries?  We are... Read More

Why Does the US Spend So Much More Than Other Nations on Health Care?

Answer: “It’s the prices, stupid,” which is the title of a 2003 paper in Health Affairs by Princeton University health economist Uwe Reinhardt.  This 2003 study found that “people in the United States typically use about the same amount of health care as people in other wealthy countries do, but pay a lot more for it.” From 1996-2013, American personal... Read More

October 21: National Check Your Meds Day

October 21 is National Check Your Meds Day. According to the CDC, 48.9% of the US population has used at least one prescription drug in the last 30 days.  Check out these resources from Consumer Reports: Guide: CR Best Drugs for Less Too Many Meds? America’s Love Affair with Prescription Medication Who Really Needs Cholesterol and Blood Pressure Drugs Some... Read More

What Pharmacists Want You to Know about Your Prescription Medications

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From a recent WTOP article, here are some tips from DMV-area pharmacists: If you engage in pill-splitting to save money, make sure your medications are appropriate for splitting.  Splitting tablets is OK if they are scored down the middle, but splitting extended-release pills and capsules interferes with the coating. Drinking plenty of water when taking pills to make sure they go... Read More

Shuffling Along the Cost: EpiPen

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Shuffling Along the Cost: EpiPen You may have heard about the latest crisis in rising healthcare costs: EpiPens.  The cost of a two-pack of EpiPens has increased 450 times since 2004 to its current price of $600. (source) What are EpiPens? They are a patented injection delivery system for epinephrine, meant to stop anaphylaxis from killing a person who’s... Read More

June is National Safety Month

(Source) Injuries are a leading cause of disability for people of all ages — and they are the leading cause of death for Americans ages 1 to 44. The good news is everyone can get involved to help prevent injuries. This June, we encourage you to learn more about important safety issues like prescription painkiller abuse, transportation safety, and slips,... Read More

Generics and Smokeless Tobacco: The Facts

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There’s new research on how you should spend your money on medications and on products to help quit tobacco. Source Prescriptions The “Yelp of medicine” (TIME Magazine), a website called Iodine, recently showed through consumer data that patient satisfaction is about the same between generic and brand-name medicines.  One of the easiest ways to save money on prescriptions is to... Read More