Medicine is expensive. Whether you have insurance or not the price of prescription drugs can be astronomical. That is why OneRx is the App of the Week.
Why are prescription drugs so expensive. Because drug companies spend billions of dollars and years researching and testing new drugs. Sometimes only to have the Food and Drug Administration deny them the the right to sell it. There is always the chance of a massive lawsuits from unforseen side effects. Creating a new drug is a gamble. If approved for use by the FDA, the drug company has the right to recoup their investment plus profits over a period of time usually years. Only then does the generic equivalent hit the market.
Generic drugs are the biochemical equivalent of a name brand drug and even though they are the same drug they sell for much, much less than brand name drugs. According to the Food and Drug Administration generic drugs save the consumer $8 to $10 billion dollars a year in retail sales.
Black people still struggle to pay for much needed medications. Research shows that people of color are twice as likely to be without medical insurance than white Americans. According to the NAACP;
- 18% of African Americans under 65 years are without health insurance coverage.
- Over 103 million people of color nationwide suffer disproportionately in the health care system
- A larger share of African Americans and Latinos lack a usual place of health care, and they are less than half as likely as whites to have a regular doctor.
One Rx has a way to help. OneRx combines coupons and insurance discounts to figure out how little a person has to spend on medication. The app allows the user to know the price of the medication before the doctor writes the prescription. This is especially helpful if you find your insurance doesn’t cover the medicine prescribed.
The best thing about this app is that it works even if you don’t have insurance.
OneRX takes the users insurance card information that is submitted by picture or input by hand. It then combines how much your insurance will pay with available coupons then tells you what pharmacies can give you that price. If you are having trouble paying for prescription drugs you can find more help here.
OneRX is free and available for Apple and Android devices.
