5 Simple Ways to Save on Prescriptions

Over 131 million Americans take prescription drugs. And if you’re part of that group, you know medications can be expensive.

Fortunately, you can look into different ways to save on prescriptions. Whether you just got your first medication or have been taking one for years, keep reading to learn how to save on prescriptions.

1. Switch to Generic

If you’re taking brand name medications, you could be spending a lot of extra money on your prescriptions. Generic drugs have to follow the same standards as the brand name version. The active ingredient has to be the same as well as the strength and drug form.

While it can seem like the brand name is better, there isn’t a huge difference between it and the generic. The most significant difference, however, is the price. Especially if you take a lot of medications, switching to the generic versions can cut your prescription costs significantly.

Ask your doctor to note on your prescription that it’s okay to substitute with the generic so that the pharmacy can fill that version.

2. Shop Around

If you already take generics but still want to save on prescriptions, you can shop around at different pharmacies. You may find the pharmacy you use charges way more than one right down the street.

Consider local and online pharmacies so that you can have as many options as possible. Then, you can find where you can get cheap prescriptions for all of your medications.

3. Use a Coupon

Another excellent way to save money on prescriptions is to get a coupon. New drugs that don’t have generics sometimes offer coupons because drug companies understand the cost of new prescriptions is expensive.

But pharmacies will also offer coupons to new customers. You can get a coupon to help pay for your first prescription with a new pharmacy. Online pharmacies can also offer coupons either for the medications or shipping costs.

4. Get a Copay Card

Even if a drug company doesn’t have a coupon, they may have a copay card that patients can get. You can apply for the card to help save on prescriptions for that medication.

Copay cards are popular among more expensive drugs, like Humira. Patients taking Humira can get a copay assistance card, which can lower the cost to as little as $5 per month. You can use the card with any pharmacy, and you can still get a great deal.

5. Change Insurance Plans

If you still find saving on prescriptions is hard, you can review your health insurance coverage. Some plans offer more prescription coverage than others. In that case, switching plans may help you save.

The new plan may cover more of your prescription costs, so you can save money on prescriptions and other health costs. While you may not be able to change plans now, it’s something to consider for the future.

Save on Prescriptions

Whether you have on expensive medication or a lot of meds to take, you may spend a lot on drugs each month. Luckily, you can save on prescriptions in a few ways.

From switching to generic medications to using a copay assistance card, you can lower your medication costs easily. Then, you can save that money for other expenses.

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