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Adhering to doctor's orders can translate to savingsPosted On Thu, January 6, 2011
Health insurance and medical care costs have consistently edged upwards over the years, forcing those on a tight budget to become creative to make ends meet.
In some cases, patients may not have taken prescription medications exactly as their doctor ordered in hopes of saving money. However, a CVS Caremark study indicates that not following a prescription closely may have the opposite effect.
In fact, the data shows those with chronic diseases may actually end up saving $7,800 a year by taking their medications as prescribed.
CVS Caremark director of strategic research M. Christopher Roebuck says it's important for patients to closely following their prescribed medication regimen.
"No matter what the intervention, the researchers agreed that actively encouraging medication adherence for chronic disease should be a top priority," says Roebuck. "Despite higher pharmacy spending the reduction in hospitalizations and emergency room use resulted in substantial savings."
Every year, a number of patients find themselves seeking care in the emergency room. Data from the Centers for Disease Control and Prevention puts that number at approximately 116.8 million annually.
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