UK Retail Pharmacies provides lower prescription costs, higher standards
LEXINGTON, Ky. (April 27, 2023) — UK Retail Pharmacies has some good news to share: For patients who see a UK provider, average prescription medication costs at our pharmacies are well below the national average. UK Retail Pharmacies are open to everyone, but the figures provided throughout this article are for patients who do see a UK provider.
A report issued in Fall 2022 by the company GoodRx claims Lexington is the most expensive city in the U.S. for prescription medicines. That article, however, and the study it was based on, did not include data from UK Retail Pharmacies.
According to the pharmacy's data, UK HealthCare patients who have prescription insurance pay an average copay of just $5.13 for non-specialty medications, excluding insulin, at UK Retail Pharmacies. That’s the average. Many prescriptions are significantly lower.
UK patients with commercial insurance pay an average of $6.67 and those with Medicaid pay an average of just 67 cents per prescription. Actual costs will depend on the medication and the customer’s insurance.
Even self-pay patients pay less. The average prescription cost for patients who do not have or choose not to use insurance is only $17.68.
Insulin prices also fall well below the national average. For UK HealthCare patients with insurance, the average cost of insulin at UK Retail Pharmacies is less than $18.00, and for self-pay customers, it is $29.03.
UK HealthCare Retail Pharmacies are part of UK HealthCare and the University of Kentucky. There are seven locations throughout Lexington – both on campus and off - open to everyone. One other location, the Bluegrass Clinic Pharmacy at 3101 Beaumont Centre Circle, is open to UK employees and patients of the Bluegrass Care Clinic only.
These full-service pharmacies offer prescription medications, other-the-counter items, vaccinations, and one-stop testing and treatment for flu, COVID, strep, and UTIs. These services do vary based on location.
Most insurance plans are accepted and for added convenience, UK Retail Pharmacies offer free mail delivery on most prescriptions. Our teams are able to mail most refill requests received by noon on the same day.
Patients who see UK medical providers see significant discounts on top of the already low prices, and members of the UK Health Plans (HMO/PPO) get half off most copays (up to $60) in addition to other discounts.
Patients and customers of UK Retail Pharmacies do not sacrifice quality or service. Studies show that patients who use a pharmacy associated with their health system actually do better on their therapy than those who use a commercial pharmacy. One reason for this is that our staff can easily consult with providers and clinic staff to make sure each patient gets exactly the therapy they need.
While not included in the cost data above, UK Retail Pharmacies also offer a Specialty Pharmacy, which offers highly personalized services to patients whose medications require special handling.
For more information about the services available at UK Retail Pharmacies, visit ukpharmacy.org or call toll-free 833-333-UKRx (8579). If you would like to transfer prescriptions to a UK Retail Pharmacy from an outside pharmacy, simply fill out this simple form. We’ll take care of the rest.
|
|
Average Rx cost, excluding insulin* |
Avg. insulin cost* |
|
UK Health Plans (HMO/PPO) |
$4.90 |
$18.76 |
|
Commercial insurance |
$6.67 |
$16.01 |
|
Medicaid |
$0.67 |
$1.85 |
|
Medicare |
$6.05 |
$12.86 |
|
Self-pay |
$17.68 |
$29.03 |
|
Total |
$5.13 |
$14.91 |
*All figures listed are for patients who see a UK provider and fill prescriptions at UK Retail Pharmacies.
UK HealthCare is the hospitals and clinics of the University of Kentucky. But it is so much more. It is more than 10,000 dedicated health care professionals committed to providing advanced subspecialty care for the most critically injured and ill patients from the Commonwealth and beyond. It also is the home of the state’s only National Cancer Institute (NCI)-designated Comprehensive Cancer Center, a Level IV Neonatal Intensive Care Unit that cares for the tiniest and sickest newborns, the region’s only Level 1 trauma center and Kentucky’s top hospital ranked by U.S. News & World Report.
As an academic research institution, we are continuously pursuing the next generation of cures, treatments, protocols and policies. Our discoveries have the potential to change what’s medically possible within our lifetimes. Our educators and thought leaders are transforming the health care landscape as our six health professions colleges teach the next generation of doctors, nurses, pharmacists and other health care professionals, spreading the highest standards of care. UK HealthCare is the power of advanced medicine committed to creating a healthier Kentucky, now and for generations to come.