Saving Money with a Prescription Drug Discount Card

When the phrase, ‘health is wealth’ was curbed, the individual must have realized it takes a handsome amount of money to maintain health. With all the advanced cases of diseases recorded by medical professionals, one would be compared to walking on a tightrope health wise. Even if you are very careful with what you do in life, the chances are that some disease may get the better of you.

Prescription Drug Discount Card

Once you are bedridden with an ailment, money comes in on your trail. The high cost of medicines nowadays has put a lot of people on the edge just to stay well. Fortunately, there is a solution made especially for these kinds of situations. A prescription discount card helps alleviate the cost of medicines by making them a little bit affordable on the budget.

Usually, it helps out people with medical insurance as an added feature, in order to lessen medical expenses. Everybody can obtain a discount card but it doesn’t mean you have to get one for yourself; there would be a set of rules on who would be eligible to get one.
Remember with a prescription discount card it will depend on the medicines you will be buying if it can save you a lot of money and some unscrupulous individuals are taking advantage by creating scams on the use of a prescription discount card. For eligibility, preference is given to the elderly and to families with a number of young children in their abode. The cards are usually provided for free by the government or in a situation where payment has to be made, the fee is usually a bit lower than the usual.

For More Information: http://medicationcard.org

KNOW YOUR PRESCRIPTION DISCOUNT CARD

A prescription discount program is designed to help people save money on prescription medications by offering its customers a card called the prescription discount card used when paying for prescriptions issued from medical institutions. Pharmacies are willing to accept these discount cards from customers for a variety of reasons.

The first of these is a matter of competition between pharmacies. Pharmaceutical is a $500 billion industry, so competition is fierce. If one pharmacy does not accept the discount card, the pharmacy down the street can, thereby gaining the business of the cardholder. Remember when you started that lemonade stand when you were a kid, and then that pesky neighborhood boy copied your idea, but sold his lemonade for 5 cents less? Unless you could prove that your lemonade was worth 5 cents more than his, you had to lower your price as well.

Since medication from one pharmacy is identical to medicine from another, pharmacies are obliged to honor the discount card. Second, even in the absence of competition, pharmacies understand that some medication is helpful, but not essential (think antacids), so if the price is too high, some may choose not to fill their prescriptions at all. In other words, there is a whole market segment to be gained by accepting the discount card–the segment that, based on price, would have to decline to purchase their medication unless the price was lowered. Third, pharmacies understand that by accepting the discount card, they get a new customer through the door that may end up buying much more than just their medication. Ever wondered why Walgreens places their pharmacy (the main reason you’re in the store) all the way in the back? As you walk back to the pharmacy, you pass thousands of products from groceries to batteries to stuffed animals to greeting cards to–the list goes on and on. So the more people they get through the door, the more money they make on items other than medication.