Did you know that the average person between 65-69 takes 14 different prescriptions in a year? Someone age 80-84 takes 18 different prescriptions in a year! Not only is that a lot of medications to keep track of, but it’s also a lot to pay for, whether they are partially covered or not. In fact, the prices of the 20 most commonly prescribed brand-name drugs for seniors rose nearly 10 times more than the annual rate of inflation over five years.
Every senior should be checking to see if there are ways to reduce the cost of their prescription drugs. It could mean thousands of dollars in savings.
To help make their medicine more affordable, here are a few tips:
- Switch to generic.
- Use mail order and order large quantities for maintenance medications.
- Ask for help for discounts from manufacturer.
- Get financial assistance from State and local programs.
Juggling the costs of many medications can break the bank for many seniors. To learn more about making your medications more affordable, join us Wednesday 3/16 at 2pm with Pharmacist Daniel Stratton, PharmD, R.Ph. from New Choice Pharmacy at Western Reserve Hospital for his chat: Medication Affordability: Tips & Resources for Seniors. This is a Live Facebook and Zoom chat session, www.facebook.com/danburyseniorlivingcuyahogafalls (or any of our Danbury Facebook pages). Give me a call if you have any questions!