Prescription drugs in America are getting out of control. And it looks like they will get even more expensive. According to PR Newswire, five of the top prescription drug plans will double insurance premiums next year. Many individuals are flocking to online pharmacies for help. Even if an individual is uninsured, purchasing online prescriptions is far less expensive than paying retail prices. This is a prime time for entrepreneurs to invest in the online pharmacy market.
Online pharmacies are vendors of prescription drugs. These companies can provide much cheaper drugs because their clientele is served from one central location, as opposed to an expensive network of physical pharmacies. Online pharmacies like HealthWarehouse.com costs consumers between 60 to 70 percent less than retail pharmacy price. The company’s prescription drug list has the most generally prescribed medications at below prescription or co-pay premiums.
HealthWarehouse.com is a VIPPS-accredited online pharmacy that reduces the out-of-pocket expenses for consumers. The online pharmacy’s drug catalog has over 3,000 affordable medications that offer easy and cost-effective prescribed medications. Although there are credible online pharmacies, illegitimate pharmacies that market fake or harmful drugs are on the rise. Consumers should avoid any online pharmacies that don’t require a prescription for medication. Also legitimate online pharmacies should have a state license, along with a pharmacist available to discuss any questions.
This summer, the Food and Drug Administration (FDA) has taken action against over a thousand online pharmacy websites. A recent survey of about 11,000 online pharmacies found that only 4 percent were actually operating under U.S. laws and standards. Before buying from an online pharmacist, consumers should ensure that they have all the proper licensing and scrutinize online reviews.
If you are an online pharmacy merchant, trust eMerchantBroker.com with all of your pharmacy merchant account needs. EMB provides payment processing services for online pharmacies. With EMB pharmacy merchants can use check-based payments to deposit funds quickly to merchant accounts. Our account managers are the most experienced in providing payment processing for online pharmacies.