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Saving money on medication

Saving money on medication

There are some medical conditions that are commonly and easily treated with over the counter medicine. Products which you can buy without necessarily going to see your doctor or requiring a prescription.

Cold and flu remedies and hayfever treatments are items which you can pick up pretty much anywhere but depending on the season and how susceptible to different illnesses you might be this could become expensive. So, how can you save money on your medication?

Quantity

One way to save money is to look at the amount of medication you are buying. Sometimes it might be worth looking at buying a larger amount, for example hayfever treatments can be bought as small amounts or as larger 6 month supplies.

This can mean that you might be able to buy in bulk and save money in the long run. This also allows you to prepare for a season. For example, as winter approaches, preparing for any potential coughs, colds and sniffles in advance by buying a bulk quantity of your cold, flu and sore throat treatments can allow you to be ready and more reactive should any symptoms arise.

Frequency

Similar to the idea of looking at the quantity of medication you buy you should look at the frequency with which you are buying it.

You might find that you are buying smaller quantities frequently. You might be able to save money by buying larger amounts over a longer time period. The saving over time could be significant as you buy less frequently.

This might be most evident during cold and flu season, you might buy smaller packets of painkillers or cold and flu remedies frequently, perhaps as far as weekly. You might find a larger amount lasts longer and can see you through an illness without needing to go out and buy more.

Supplier

It might also help to shop around in terms of where you buy your medication. High street chemists for example have store rent, more staff and overheads to consider. This can mean you pay more for medication here than you would if you opted to buy online instead.

For example, you might find you are able to buy larger quantities of throat lozenges from an online retailer than you would from a store simply due to the practicalities of stocking them. You might also find that you are able to get them for a reduced cost. However, keep in mind that you might need to pay delivery fees, which could lead to waiting around if you need to treat something quickly.

Online buying is a perfect option for planning ahead, but if you need to treat something more immediately it could be problematic, despite the potential savings.

Medication is something that becomes an essential item, important for making sure you are healthy. Making sure you aren’t spending more than you need to by not buying enough, and therefore buying much more frequently is key.

Getting the amount you buy right is the first step, from there you can look at getting the best deal on your medication, finding the right supplier can help save you even more money in the long run, leaving you free to focus on getting healthy as opposed to worrying about how much getting healthy costs.

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Written by themoneyshed

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