myRxMedSaver Blog

Clawbacks on Prescription Drugs

Clawbacks Cost You Money! – The Number Don’t Lie

If you’re one of the more than 250 million Americans who have health insurance and wonder if you’ve ever overpaid for your prescription medication, because of what are called clawbacks, chances are you have. Researchers at the University of Southern California Schaeffer Center for Health Policy & Economics found that insurance copays are more expensive…

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Prescription Copays

Copays and How They Work for Prescription Coverage

In 2019, approximately 4.38 billion retail prescriptions were filled in the United States. If you have prescription drug coverage through your health insurance plan, you’re responsible for your copays for the prescribed drugs and your insurance carrier covers the rest. Right? The truth is, the amount you pay for a prescription drug if far more…

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Prescription Costs

Prescription Costs: Information is Power

If you ever stop and take a closer look at prescription costs, you’ll quickly discover one thing: It’s a confusing, overly complicated, hot mess. Get this: Pharmacies can charge different prices for the same exact drug; Insurance carriers are allowed to set their drug prices wherever they want; And the pharmaceutical companies are pretty much…

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