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  • Patients who adhere to medication save money
  • June 18, 2015
  • save money on medication

    By LifeQuotes.com

    Patients who take their medications as directed by doctors can reduce emergency room visits and save themselves up to 7,800 dollars each year, according to a study by CVS Caremark.

    The study, published in the journal Health Affairs, analyzed the pharmacy and medical claims of 135,000 patients suffering from congestive heart failure, diabetes, hypertension and dyslipidemia to discover how adherence to medication affected health care costs. Researchers found that while patients who took their medications as prescribed by their doctor spent as much as $1,000 more per year on the drugs, they ultimately saved money by reducing emergency room visits and inpatient stays at hospitals.

    Patients with congestive heart failure who adhered to their medication saved an average of 7,823 dollars a year compared to patients who did not. Additional savings came to 3,908 dollars for hypertension patients, 3,756 dollars for diabetes, and 1,258 dollars for dyslipidemia.

    Some people with chronic illnesses have resorted to splitting pills as a way of saving money on their prescriptions. However, a recent Belgian study determined that patients who split pills may be deviating from their recommended dose by 15 percent or more, reported Medical News Today.

    If you are struggling to pay for your prescription medication, there are many ways to save.

    Make sure your drug is covered by your insurance plan. Talk to your healthcare provider if they prescribe one that is covered. Is there a cheaper drug or generic version that will work just as well?

    HealthWarehouse.com is a licensed US pharmacy and they only sell products which are approved by the FDA. You can transfer your prescriptions from an established pharmacy and they can contact your doctor under any circumstances. All major credit cards are accepted.

    Ask your healthcare provider for free samples.

    Look into a patient assistance that may be able to provide relief, though there are eligibility requirements.

    Check into stores such as Walmart or Target that offer generic drugs that can be under 20 dollars a month. Many also offer prescription reward programs that may help.

    Discount cards and coupons are generally available on line but you have to check for constant changes and updates. Ask for e-mail alerts concerning any new offers.

    Always protect you and your family from the unexpected with life insurance as well. Currently, rates are at an all-time low. Contact an agent for more information.

  • Category: Health Insurance, Life Insurance

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Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

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Copyright ©1984-2015 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.
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