Cutting Health Care Costs: Drugs
11 Tips on Trimming Prescription Drug Costs Without Compromising Your Health
(Editor's Note: This is the first in a three-part series of
articles on trimming your personal health care spending.
articles offer tips on reducing the costs of doctor visits and medical
cutting the cost of children's care.)
Dec. 9, 2008 -- In these tight economic times, people are looking for ways
to stretch their money. But when it comes to your medications, some cost-cutting
strategies make sense, while others may be penny wise but pound foolish.
Here are expert dos and don'ts for cutting drug costs without compromising
1. Do ask your doctor about generic drugs and over-the-counter drugs.
Many people "think they should be on brand-name medications," says
Adam Goldstein, MD, MPH, professor of family medicine at the University of
North Carolina Medical School.
But Goldstein tells WebMD that, with very rare exceptions, generic options
are OK. For example,
researchers recently reported in The Journal of the American Medical
Association that heart disease patients typically
do as well on generic drugs as on brand-name drugs.
2. Do ask if you can get higher-dose pills to cut in half.
That can be a way to make your pills last longer and for you to save
Ballantyne explains that high and low doses of drugs often cost the same
amount. So getting a higher dose and cutting the pills in half could make your
pills last twice as long.
For instance, Ballantyne says a patient who takes 20-milligram doses each
day of a drug that costs $100 per month could save $600 a year if his doctor
prescribes a 40-milligram dose and the patient cuts each pill in half.
Some pills don't work properly if they're split, warns Joel Zive, PharmD,
vice president of Zive Pharmacy in the Bronx, N.Y. and spokesman for the
American Pharmacists Association.
"Splitting pills is not necessarily a bad thing to do," says Zive.
"It depends on the drugs." Your doctor or pharmacist can tell you if
splitting your pills is an option.
3. Do ask if you can take a higher-dose pill to take less frequently.
This strategy is another way to make your pills last longer.
"A lot of folks are taking medication twice a day, and it may be
actually cheaper to get a higher dose and take them once a day," Goldstein