Questions? Call us at 800-810-7790
Mar 17, 2021

Understanding Drug Pricing

Insurance Coverage/DeductibleLow Cost MedicationHigh-Deductible Health Plan

Never going to pay through your high deductible? Save money by paying cash at Marley Drug

George is 51 years old and is enrolled in a high-deductible health plan (HDHP). George’s deductible is $2500 this year, which means he pays out-of-pocket for the first $2500 of his health expenses. George knows he won’t reach his deductible this year, but that’s okay, his insurance is still there for emergencies.

George found out he has high cholesterol from his doctor and was prescribed rosuvastatin (generic Crestor®). George went to fill his prescription at one of the big chain pharmacies and was told it would cost him over $100 per month. What George doesn’t know is that he can get the same medication at Marley Drug, and pay cash (not using his insurance) and pay less then $6 per month.

Ever been there? Or know someone who has? Then this article is for you.

About High Deductible Health Plans (HDHPs)

High Deductible Health Plans have a higher deductible than a traditional insurance plan. The monthly premiums are usually lower, but the caveat is that you end up paying for your healthcare costs (your deductible) before your insurance company does.

In 2020, the average deductible for a single coverage HDHP was around $2,200, and around $4,500 for one with family coverage.

These plans have grown in popularity in recent years; in 2020, 31% of employees in the U.S. were enrolled in HDHPs. According to the KFF 2020 Employee Health Benefits Annual Survey, Single Coverage HDHP plans cost slightly less ($6,890) than other plans in the U.S., but are similar for those with family coverage ($20,359):

  • HDHP Single Coverage Average Plan Cost: $6,890 for single coverage ($5829 paid by the employer and $1,061 paid by the employee).
  • HDHP Family Coverage Average Plan Cost: $20,359 for family coverage ($15,754 paid by the employer and $5,588 paid by the employee).

Many people on HDHPs will not reach their deductible each year, and that’s okay. Insurance is there for emergencies like expensive hospital visits. If you don’t expect to reach your deductible limit on your insurance plan, consider paying cash for your medications.

At Marley Drug, we offer an easy solution to High Deductibles

If you are on a plan that has a high deductible, you’re likely paying the full price for your medication if you go through your insurance. cash prices are often a fraction of the cost of the retail price at big chain pharmacies. Check out  Marley Drug's Wholesale Price List, where you may realize significant cost savings.

How our Wholesale Price List Works

  1. We receive your prescription from your Healthcare Provider
  2. We contact you to confirm order and the price.
  3. We ship 6-month or 12-month supplies to your door for free

How we Price our Generic Medications

Our Wholesale Price List is very simple. If we can buy a 90-day supply of any generic drug for less than $12, it goes on our list of medications. We currently offer over 100 common medications at $70 for a 12-month supply. That’s less then $6 per month.

For medications above that price point there’s no need to worry. We price our medications based on what it costs us as a pharmacy to buy them. That way you can be assured you’re getting the best price. The only fees you pay here at Marley Drug is a dispensing fee, which you would pay at any other pharmacy in the U.S., but we promise you, we won’t artificially raise the price on medications just to make a quick buck.

Related posts

Prescription Refills Simplified: A Smarter Way to Save Time and Money

5 Reasons Why Filling your Medications in Longer Supply may Save you Time and Money

You might be paying more for your generic medications. Here’s why.