5 Effective Tips for Saving Money on Prescriptions
We’re taking more medications than ever before, with the average American taking four prescription drugs. This is in addition to any over-the-counter medications, vitamins, or supplements.
It’s understandable if you want to start saving money on prescriptions, especially if you take multiple pills each day. Maybe you’ve even looked at foreign pharmacies, but you’re not sure where to start or who to trust.
Here are five tips to help you find high-quality cheap prescriptions.
1.Order a Larger Supply
If you take a medication regularly (or for at least three months), ask if your doctor can write you a prescription for a 90-day supply. Often you can save money by buying your medications “in bulk” rather than returning to the pharmacy every 30 days.
This could also help you save on co-pays, as you’ll only pay for one refill over 90 days instead of three refills. It may not be possible with some medications, but it’s worth asking.
2.Ask About Generic Options
Your doctor may automatically write a prescription for an expensive brand-name medication. Often doctors get kickbacks for writing “x” number of prescriptions per month, or they may simply assume that your insurance will cover the costs.
The truth is that you can save an average of 80%-85% by requesting a generic medication. These contain the same active ingredients as that pricier name brand but at a fraction of the cost. If your doctor has already written a name-brand prescription, ask your pharmacist about a cheaper generic option.
3.Consider Online Pharmacies
Online pharmacies can sell many medications for a better price than brick-and-mortar locations because they have less overhead to worry about. It’s possible that your doctor or insurance provider has already partnered with a reputable online pharmacy such as qualityprescriptiondrugs.com.
Canadian pharmacies have an excellent reputation for providing high-quality medications at a fraction of the price you’d pay in the US. Keep in mind that you’ll still need a valid prescription from your doctor to order any medications online.
4.Look for a Discount Program
While you’re online, it doesn’t hurt to check for local discounts or savings programs in your area. You might also stumble on a discount coupon you can use at your local pharmacy.
Type in the name of your prescription and your location information (city name or zip code). You’ll get an instant list of pharmacies in your area, along with the current price of your medication. Request a discount card via text or email and present it the next time you refill your prescription.
5.Compare Out-of-Pocket Costs
A final tip we’ll share is to always compare the cost of using your insurance or paying out-of-pocket. Even if you have prescription drug coverage, it’s not always the cheapest option (especially if you factor in co-pays).
For example, a medication that costs you $20 under your prescription plan with a co-pay might only cost $10 out-of-pocket. Ask your pharmacist which is the better option.
Start Saving Money on Prescriptions Today
Many websites and online pharmacies claim to sell cheap medications, but it’s hard to know who to trust. Use the money-saving tips above to find the best cheap prescriptions and start saving today!
Saving money on prescriptions isn’t the only topic we’re discussing. Keep browsing our site for more great health and wellness advice.