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Pharmacists Recommend Generic Medications To Cut Consumer Drug Costs

Posted May 16th, 2008 by Patient Assistance Team

The American Association of Retired Persons (AARP) has reported a rise of 54% in the cost of prescription drugs used by older Americans between 1999 and 2006. This study followed the prices of more than 150 prescription drugs commonly used by older Americans, showing a frightful increase of over 30% more than the general inflation rate of their studied years. While many individuals continue to purchase their same prescription drugs, Janet Silvester, president of the American Society of Health-System Pharmacists recommends a different approach.

The best way to save on prescription drugs, according to Silvester, is "to use generic medications when they're available.". In comparison to brand name prescription drugs, generic drugs save patients of any age a significant amount without compromising the quality and benefit they have been receiving. While this does provide an increased benefit to those insured and uninsured, companies like offer free prescription drug cards that can provide savings greater than regular health insurance prescription coverage.

For some, reduced prices of medication may still exceed what they have financially available. Instead of splitting pills, taking substitutes such as over the counter remedies, and reducing your dosage, there are prescription assistance programs available to cover all of your needs through direct support from the pharmaceutical companies. Major pharmaceutical companies have offered patient assistance programs to those in need of assistance in affording prescription drugs. These programs are provided at no cost or low cost as well, allowing you to stay healthy without breaking the bank.