Cutting your drug costs safely

By | October 22, 2008, 7:30am PDT

Summary: Don’t take health advice from a blog. Most physicians understand the need to economize. But they don’t want to risk your life in the process.

PHRMA big orange busDespite the big orange bus, despite even Medicare Part D, millions of Americans are cutting their drug loads as the economic crisis deepens.

Doctors are worried. So are drug companies. Lipitor sales are down 13% in the last quarter.

This can be a real false economy. If you don’t treat a controllable condition it becomes uncontrollable. You can wind up in the hospital. You can die.

Still, I’m like the rest of you. I’m always interested in cutting the cost of treating the hypertension and high cholesterol that are in my genetic make-up.

The easiest ways to economize are:

  • Shopping. Those $4/month plans are a real bargain.
  • Generics. This can cut your drug costs by two-thirds.
  • Supplements. Health supplements cost less than drugs, but be careful.

In my own case I tried ordering bigger doses and cutting pills in half, but the drug companies were on to that, and started making oblong pills.

My doctor finally let me switch from Lipitor to generic simvastatin. This turns a $30 co-pay into a $10 co-pay. At some stores you may be able to get it for just $4/month.

Some insurance plans are offering to mail you drugs, at a savings. I have resisted this. I trust my pharmacist. I know him by name. If you don’t, consider it.

My pharmacist offered another idea, a timed-release niacin taken as a health supplement. Will it work as well as the $30/month Niaspan tablets I have been taking? Maybe if I take more of it.

Whatever your situation, of course, talk to your doctor first. Don’t take health advice from a blog. Most physicians understand the need to economize. But they don’t want to risk your life in the process.

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Disclosure

Dana Blankenhorn

Dana Blankenhorn has been a journalist, writer and part-time futurist for over 30 years. At the present moment I run only a personal blog in addition to my ZDNet open source blog. DanaBlankenhorn.Com has the subtitle The War Against Oil. In the past I have used it to write about political history, e-commerce, personal matters, some ideas related to open source, and The World of Always On, which is the idea of using sensors, motes and RFID to turn WiFi links into platforms for applications which live in the air. My IRA account at Schwab holds a few tech shares, most notably some Intel and Applied Materials, but there are no open source companies in it. I don’t even own any CBS stock.

Biography

Dana Blankenhorn

Dana Blankenhorn has been a business journalist since 1978, and has covered technology since 1982. He launched the Interactive Age Daily, the first daily coverage of the Internet to launch with a magazine, in September 1994.
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RE: Cutting your drug costs safely
Toynbee 26th Oct 2008
I think people will start using new kinds of cheap alternative non-medical solutions like this one http://www.healtone.com/
The current financial crisis will eventually prevent millions of people from medical care.

In a year or two, one might expect 80-100 millions Americans with no proper medical insurance of any kind.
0 Votes
+ -
Over-The-Counter works well
CynthiaG 22nd Oct 2008
With the help I receive, regularly, from
www.cholesterolscore.com , I've saved thousands of
dollars by using Enduracin to control my cholesterol.
My total cholesterol has gone from near 300 to 122.
Triglycerides have dropped to excellent levels also.
Niacin has to be one of the best-kept secrets. The
niacin costs me $70 for 1000 tablets, which lasts
nearly a year. I used to spend more than that every
month in co-payments for Lipitor, which didn't work
nearly as well.
0 Votes
+ -
RE: Cutting your drug costs safely
Toynbee 26th Oct 2008
I think people will start using new kinds of cheap alternative non-medical solutions like this one http://www.healtone.com/
The current financial crisis will eventually prevent millions of people from medical care.

In a year or two, one might expect 80-100 millions Americans with no proper medical insurance of any kind.

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