While millions of Americans cannot afford brand name drugs in the United States, clearly this is not the case for generics – and the prices here keep getting lower! Marc’s, an Ohio-based retail pharmacy, has dropped prices for their generic drugs to a record breaking low – now charging just $1.98 for 30-day supplies of some of their generic drugs. Twenty-seven different generics are offered at this price.
Marc’s low-cost pricing comes as a response to their retail competition doing the same. In order to compete with chain store rivals like Target, Wal-mart and Kmart, smaller, local pharmacies are offering some of the lowest prices. Another example, Discount Drug Mart, – also in Ohio – dropped many of their generics to $1.99 for a month’s supply; this led Marc’s to sneak in at a penny less.
If you’re buying online, Costco.com has very low generic drug prices as well. You can compare prices on www.pharmacychecker.com.
PharmacyChecker.com was mentioned this week in a U.S. News and World Report article entitled How to Cut Your Drug Costs. Listed among other effective ways to save money on prescription drugs, the article notes that PharmacyChecker “compares prices of mail-order pharmacies, and can help you find the lowest posted prices.”
How to Cut Your Drug Costs reminds readers that buying drugs from Canada – and elsewhere overseas – is technically illegal, but it quotes AARP: “Over the past decade millions of Americans have ignored U.S. law to seek cheaper prices from Canada, most often by mail order.” Notably, AARP found Canadian prices for Lipitor to be about a third less than they are here in the U.S. The fact that the FDA has (to our knowledge) never prosecuted an individual for importing a three-month supply of personal, non-controlled drugs with a valid prescription, means that they too understand the importance of access to safe and affordable medication. (more…)
CNN.com recently aired a video entitled Phony meds flooding U.S, which addressed a variety of dangers related to buying prescription drugs in Mexico, on the streets of Los Angeles, from unauthorized sources and from certain online pharmacies. While warning consumers about the dangers of bad medicine and fraudulent practices is good, the CNN piece, unfortunately, may confuse consumers about what the real threats are. With 120 million American consumers struggling to afford their medication, many are understandably looking for alternatives to the prohibitive costs of brand name drugs in the U.S. We believe our Consumer Guide, which does not recommend Mexican pharmacies, gives the best information on how to save money safely on your prescriptions, a summary of which you can find here.
Whether traveling to Mexico or ordering from international online pharmacies, Americans deserve to be properly informed and this CNN piece highlights how the message to consumers is often misleading, unclear and inaccurate.
The segment begins at a border crossing between Tijuana and southern California. CNN reports, “Everyday Americans flock across the border to buy deeply discounted prescription drugs”. Several Americans interviewed in the piece say they can get cheaper medications at Mexican pharmacies, at 50% off or more, and that it works for them. (more…)