{"id":9753,"date":"2018-02-19T16:38:08","date_gmt":"2018-02-19T22:38:08","guid":{"rendered":"https:\/\/wholehealthchicago.com\/?p=9753"},"modified":"2021-08-01T10:03:35","modified_gmt":"2021-08-01T15:03:35","slug":"best-financial-health-advice-part-4-prescription-drugs","status":"publish","type":"post","link":"https:\/\/wholehealthchicago.com\/blog\/2018\/02\/19\/best-financial-health-advice-part-4-prescription-drugs","title":{"rendered":"Best Financial\/Health Advice Part 4: Prescription Drugs"},"content":{"rendered":"\n<p><em>For Part 3 in this series, <a href=\"https:\/\/wholehealthchicago.com\/2018\/02\/12\/best-financial-health-advice-part-3-health-insurance-best\/\" target=\"_blank\" rel=\"noreferrer noopener\">click here<\/a>.<\/em><\/p>\n\n\n\n<p>I know you\u2019re all tired of the word collusion and especially the notion of government collusion, but let\u2019s face facts. If there\u2019s any single part of our egregiously expensive healthcare system in which the US federal government has given carte blanche to a single industry to rob its citizens, it\u2019s pharmaceuticals.<\/p>\n\n\n\n<p>Ever wonder why Viagra is $70 a pill at Walgreens, but in Toronto it\u2019s $10 for the brand-name version and $4 for the generic (which is not even available in the US)? Because the entire system is protected and encouraged by the Feds. From the very first research and development of a drug until you\u2019re handed the bottle by your pharmacist, the pharmaceutical industry is designed to enrich everyone except you. This includes the Big Pharma manufacturer, your health insurer, the pharmacy benefit manager (Allscripts and Caremark), and the drugstore chains.<\/p>\n\n\n\n<p>Does your physician make money in this system? Yes, when the physician is involved in administering the drug, l<a href=\"https:\/\/www.anticancermom.com\/chemotherapy\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ike oncologists giving chemotherapy<\/a>. The list of physician-administered drugs is pretty substantial. Does knowing that they\u2019ll make money administering a medication affect doctors\u2019 clinical decision making? You decide.<\/p>\n\n\n\n<p>You can learn more about prescription prices in <a href=\"https:\/\/en.wikipedia.org\/wiki\/Prescription_drug_prices_in_the_United_States\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">this very interesting wiki article<\/a> on prescription drug pricing. For example, that when a pharmacy benefit manager says it negotiates drug prices with a Big Pharma company, the money saved goes to the insurer, not to you. Or that when Medicare D, covering prescription drugs, went into effect, it was actually written into law that the government, acting as a pharmacy benefit manager, was not permitted to negotiate better prices with a Big Pharma company.<\/p>\n\n\n\n<p>This is the exact opposite of how prices are set in Canada and other single-payer countries, where the government negotiates with the Big Pharma companies to achieve the best price. If the government senses something unsavory about the price being offered, it simply doesn\u2019t put the drug on its formulary.<\/p>\n\n\n\n<p>For example, you could be prescribed the antidepressant Wellbutrin XL as Forfivo XL (bupropion 450 mg) and pay $430 for 30 tablets or you could ask for two separate generic prescriptions, bupropion XL 300 mg + bupropion XL 150 mg and pay $35. Forfivo is\u2014quite sensibly&#8211;not on the Canadian formulary.<\/p>\n\n\n\n<p><strong>This is your challenge<br><\/strong>The problem faced by you as patient-consumer is that most physicians use only two toolboxes when treating illness: a prescription pad and the operating room. I\u2019ve already shared the fact that experts believe at least half of surgical procedures are unnecessary. My guesstimate is that at least 75% of prescription drugs are prescribed inappropriately.<\/p>\n\n\n\n<p>I\u2019ve written in previous Health Tips about the horrifying statistic that <a href=\"https:\/\/wholehealthchicago.com\/2017\/10\/02\/case-history-madness-overmedication\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">15% of women over 60 are taking ten or more prescription drugs<\/a>. One woman was on 13 medications from three different physicians, most prescribed to treat side effects induced by the other drugs.<\/p>\n\n\n\n<p>Of course, you yourself have to take some responsibility here. If you look at any <a href=\"https:\/\/www.webmd.com\/drug-medication\/news\/20150508\/most-prescribed-top-selling-drugs\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">list of widely prescribed drugs<\/a>, the majority treat either the results of unhealthy lifestyles and environments (diabetes, GERD, high cholesterol, asthma) or the reluctance on the part of both patient and physician to consider alternative therapies instead of reaching first for immune modulators like Humira (side effect: <a href=\"https:\/\/medical-dictionary.thefreedictionary.com\/neuropathy\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">neuropathies<\/a>) or pain meds like Lyrica (side effect weight gain).<\/p>\n\n\n\n<p>If you remember, this series began with the title <a href=\"https:\/\/wholehealthchicago.com\/2018\/01\/29\/best-piece-financial-advice-youll-ever-receive-stay-healthy\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cThe Best Piece of Financial Advice You\u2019ll Ever Receive: Stay Healthy\u201d<\/a> and certainly that phrase applies when it comes to prescription drugs. When you reflect on the fact that <a href=\"https:\/\/health.usnews.com\/health-news\/patient-advice\/articles\/2016-09-27\/the-danger-in-taking-prescribed-medications\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">correctly taken prescription drugs are the fourth leading cause of death<\/a> you might, when you\u2019re given a prescription, put up your hand and say, \u201cUh, just a second.\u201d Don\u2019t say no reflexively because you might really need the meds, but ask if your doctor might consider alternatives to a drug-based fix.<a href=\"https:\/\/health.usnews.com\/health-news\/patient-advice\/articles\/2016-09-27\/the-danger-in-taking-prescribed-medications\"><br><\/a><\/p>\n\n\n\n<p>Ideas on proposing alternatives to medication:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Let me get this weight off.<\/li><li>Let me make some lifestyle changes.<\/li><li>I\u2019d like to see my chiropractor\/acupuncturist\/nutritionist first.<\/li><\/ul>\n\n\n\n<p><strong>Saving money on drugs<br><\/strong>If you really, seriously, need the medication, here are some steps you can take to save some dollars.<\/p>\n\n\n\n<p>1&#8211;Ask, \u201cDoes this drug come in a generic form?\u201d If it does, the price will be substantially lower.<\/p>\n\n\n\n<p>2&#8211;If your doctor wants you to take a brand-name drug (almost always expensive), ask \u201cIs this one really better than what\u2019s available generically?\u201d Most new drugs are knock-offs of generics and are not&#8211;repeat not&#8211;proven superior. In fact, Big Pharma is not required to test a new drug against an available generic to win FDA approval. Even if the test (called a head-to-head test) shows the old generic superior to the new model, the FDA can still okay it.<\/p>\n\n\n\n<p>3&#8211;Whether generic or brand-name, check the actual price of the drug at www.goodrx.com. This is an<\/p>\n\n\n\n<p>extraordinarily useful site where you\u2019ll discover all sorts of fascinating things about drug pricing. For example, the same generic can cost up to five times more at one pharmacy chain than it does at another. Or your co-pay for a drug can be much higher than if you simply bypass insurance altogether and pay cash out of your pocket.<\/p>\n\n\n\n<p>4&#8211;If there\u2019s no generic available, make sure the brand-name drug is in your insurer\u2019s formulary. Otherwise, you might get socked with a co-pay that could be 50% of the drug\u2019s retail price. It\u2019s not rude to ask your doctor or your pharmacist the following: Is there a similar drug that my insurance does cover? Remember, though, that they may not know and as always it\u2019s best if you do your own homework.<\/p>\n\n\n\n<p>5&#8211;If you\u2019re simply stuck with an expensive brand-name drug that your insurance barely covers, check the price at a Canadian pharmacy. Every year more than ten million prescriptions arrive from outside Canada despite a US federal law (written with the help of Big Pharma) banning this. You can check the price here at <a href=\"https:\/\/www.universaldrugstore\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Universal Drugstore<\/a> and decide if you want a brand-name or a generic. You simply open an account and fax or mail your doctor\u2019s prescription.<\/p>\n\n\n\n<p>6&#8211;If you\u2019re naive enough to say, \u201cI know it\u2019s an expensive drug but my insurance picks it up,\u201d don\u2019t be surprised when you get word that both your insurance premium and deductible have skyrocketed. Somebody has to pay Big Pharma, and in the end, it\u2019s always you.<\/p>\n\n\n\n<p>Be well,<br><em>David Edelberg, MD<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For Part 3 in this series, click here. I know you\u2019re all tired of the word collusion and especially the notion of government collusion, but let\u2019s face facts. If there\u2019s any single part of our egregiously expensive healthcare system in which the US federal government has given carte blanche to a single industry to rob [&hellip;]<\/p>\n","protected":false},"author":2087,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,204,214,2,203,3],"tags":[],"class_list":["post-9753","post","type-post","status-publish","format-standard","hentry","category-alternative-therapies","category-b","category-big-pharma-evils","category-blog","category-health-insurance-issues","category-knowledge-base"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Best Financial\/Health Advice Part 4: Prescription Drugs<\/title>\r\n<meta name=\"description\" content=\"If you remember, this series began with the title \u201cThe Best Piece of Financial Advice You\u2019ll Ever 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