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Post by sagebrush on May 12, 2019 6:20:16 GMT -8
My wife just had to start using Eliquis. My insurance co-pay plan is outstanding for meds. Imagine my shock when I picked up the first prescription when my co-pay was $200 for the first 30 day supply. Hell, I think I went into cardiac arrest and afib on the spot. So, Google being my friend, I started surfing around. I found a site called "singlecare.com" that offered a savings coupon, so I signed up for it. No response when I was on line. Within a week though, I got something in the mail, a coupon for co-pay discount so I took it to Freddie's pharmacy to see if they honor it. Surprise and Success.
Bottom line--MY CO-PAY IS NOW $10 INSTEAD OF $200, A SAVINGS OF $190 A MONTH. Holy crap, Batman.
Caveat: this only works with commercial insurance, not government plans like Medicare, Medicaid, VA etc and the savings is limited to $3800/year savings. In my case, I "only" hit $2280 so I am golden. With the price of around $500 per 30 day supply and depending on your insurance co-pay, it pays to go looking. Good Luck folks.
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caladin
Freshman
CWS Baby!
Posts: 94
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Post by caladin on May 12, 2019 7:49:38 GMT -8
I think saving money is always a good thing but awareness is also important. There is never such a thing as a free lunch. SingleCare, GoodRx and the like make their money it two ways: 1)They sell you information and they sell it a lot 2)They charge the pharmacy a service fee - When you use these cars the pharmacies often if not always lose money. They count on you buying other things to make up for the loss.
Another option is that many of your large chains now offer their own similar plans, albeit with a buy in price. For example, Fred Meyers has a card that does the same thing with a $89 a year cost. As more and more large chains start rolling out their own plans expect the number of places you can use third-party cards like SingleCare to decrease.
All in all this is great. SingleCare and the like created competition in the market and drove the big pharmas to react. This will allow more and more people to afford their medication. The losers will be the local pharmacies.
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