Features October 2004 Issue

Cutting Drug Costs

There are a variety of ways you can save on medications. Here’s a baker’s dozen of strategies to try.

The cost of medications seems to go in only one direction—up. In 2003, prescription drug costs rose 7.9 percent, more than twice the rate of inflation, and this year isn’t shaping up to be much kinder. Though drug discount cards and planned changes in Medicare may provide seniors with some relief, it may not be enough to keep drug bills from eating up a growing percentage of their income. To help seniors—and anyone else taking…

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