How to save money on your prescriptions
Paying for prescription medications can take a big bite out of your budget, especially if you purchase them consistently or have a chronic health issue requiring medication. However in many cases, there are ways to help lower prescription prices or at least reduce the amount you pay. Learn how to keep prescription costs down with these tips.
Check your health insurance and pharmacy plan coverage.
Find out from your insurance plan if your medications are covered and how much you’ll owe, before heading to the pharmacy. For maintenance medications, you could request a 90-day supply or higher-dosage pills that can be split to lower your costs.
Check with other pharmacies or call around to find better prices.
Does your pharmacy seem expensive? Try checking with other pharmacies online or calling around to find better prices on your prescriptions. Even with insurance, drug prices can vary by pharmacy. Often times you can log in to your insurance provider’s website and find a drug price comparison tool to help you find the best option.
Ask about generic alternatives.
Generic medications can work as well as brand-name drugs, but they usually cost quite a bit less. Exploring generic alternatives with your doctor and your pharmacist could save you a significant amount of money.
Look for coupons or samples.
Occasionally prescription drug companies offer coupons or samples, especially for newer brand-name drugs. Ask your doctor or pharmacist if your medications are available as samples or qualify for coupons.
Consider using a pharmacy discount card.
Pay less whenever possible for medicines you need.
Some pharmacies and clinics keep discount cards on hand to give out to patients who may need help paying for their medications. Other discount cards are available online. They’re usually free and easy to use.
Ultimately, you can’t lower the suggested retail price of prescription medications. However, use some of these ideas to pay less whenever possible for the medications you need.
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