The newest thing in the game is an American medical savings prescription drug cards, where users pay a monthly fee (anywhere from $ 10 -100, approximately) that nets them discounts in their local medical establishment. Doctors, pharmacists, dentists and even hospitals are all jumping on the bandwagon prescription drug discount card.
And though they sound like a great idea to most users, the prescription drug discount cards carry some risks. This article will detail what to look for so that you will continue to be informed medical consumers.
How does it all work?
Usually, prescription drug discount card programs work in the same way. The card company works on behalf of clients, receive discounts on a variety of medical institutions. However, the reductions that are ‘buy’ does not do it with the provider directly, but rather with a ‘preferred provider organization (PPO). At times, this system works so poorly that cardholders have entered into their medical establishment with their prescription drug discount card, only to find out that the organization has no information about the discount program.
Since there is no regulatory body for prescription drug discount cards, not the people who sell these cards have to be licensed or even knowledgeable about the field of healthcare. And when you do walk into the pharmacy with one of these cards, it’s hard to even tell if you are having any kind of discount at all; A lot of healthcare providers offering any type of list prices for their services in the first place.
Is there a problem here?
Well, some lawmakers in Georgia and Kansas think so. They have passed laws stating that discount prescription drug card providers in the state ‘prominent type’ non-insurance programs, as little more than a consumer makes this mistake.
other states have taken legal action against these discount prescription drug card companies. In one case, Argus Health Plans was sued because allegedly they sign up customers for a free trial period, and then charged one credit card customers’ those without prior authorization for membership discount card. More than a dozen other suits are still pending investigation or trial with other discount card providers throughout the United States as well.
So How Do I Save Money on My Prescription Drugs?
Of course, not all prescription drug discount cards are bad choices consumers. However, no further legislation is in place, consumers are at risk for being scammed when trying to save money. Of course, there are other ways to save on your prescription drug costs, such as:
– Keep dibs on the fluctuating price of your prescription drugs, the costs can vary dramatically between pharmacies;
– Ask your doctor to prescribe the generic version of a brand name rather than the version; and
-. Try to get health insurance coverage if you are not already
With a little know-how and research work, you can save on your medications without resorting to prescription drug discount cards anytime soon.
Copyright © 2005 Stephen C. Dayton