Rate This:Top 3 Expensive Drugs for Seniors with Cheaper Alternatives
Retirees often overpay for expensive prescription drugs with cheaper, easily obtained alternatives. In 2010, seniors spent more than $92 billion on prescription drugs, and many of the leading name-brand drugs have generic or alternative options that can help them save lots of money over time. After reviewing many of the most frequently prescribed medications, we've ranked the top three expensive drugs for seniors with cheaper alternatives as Coumadin, Benicar and Avodart. If you take one of these medications, you might want to talk to your doctor about whether you could switch while satisfying your medical needs. Learn more about the top three most expensive pharmaceutical drugs with cheaper alternatives that can help seniors save money.8 Active Questions | Add a Question
Avodart and the generic drug finasteride (Proscar by name brand) are very similar medications. A year-long study found both to be effective in reducing prostate sizes while easing symptoms. Finasteride is significantly cheaper than Avodart.
The generic form of Benicar is olmesartan, which is sometimes sold for as little as $10. That's roughly $180 cheaper than Benicar's average retail price.
Coumadin is a prescription anticoagulant that helps to prevent blood clots in people who've suffered heart attacks, strokes and other serious conditions. Doctors have been prescribing Coumadin for more than 60 years.
Avodart is a medication that's prescribed for men with enlarged prostates. It is a 5-alpha-reductase inhibitor.
Warfarin is marketed by more than a dozen different brands. In addition to Coumadin, some of the most popular brands include Befarin, Warfarin and Coumadine.
Warfarin is the generic form of Coumadin. Whereas a 30-tablet supply of Coumadin sells for an average of $75 without insurance, an equal supply of warfarin can usually be found for $25 cheaper.
Benicar is an angiotensin receptor blocker that's prescribed for lowering blood pressure.