UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1488  
Subject: Re: Saving money on Meds Date: 8/6/2008 4:33 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
>> Example: Schedule annual meds review with your doctor---seperate from physical. <<

We sort of did this at the start of this year.

We were switched from a PPO to an HDHP with HSA this year. My wife was taking one name-brand medication that cost us a $25 monthly co-pay. This year, until the $2500 deductible is met, the entire cost of that medication -- about $90 -- is our full responsibility.

So in January, my wife saw her practitioner and discussed the situation. We did some research and saw that the $90 drug was very similar to another drug the same manufacturer had an expired patent on. So we asked about that, and she agreed to try putting the missus on the drug which had the expired patent -- which we could buy for about $10 per month in generic. It seems to work as well, and my wife says it makes her less drowsy than the name brand $90 form of the medications did.

That's $960 back into our pockets each year by doing a little research and asking questions.

#29
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

The Future, or What's Left of It
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement