7 Tips for How to Save Money on Prescriptions

Can you believe that the United States is the country with the highest prescription drug costs? Not only do Americans spend the most on medications every year, but they also struggle with price jumps that continually add to the burden.

At the least, rising drug costs make it harder to afford basic living expenses. At worst, they can mean the difference between life or death if people decide not to take important medications.

If you’re wondering how to save money on prescriptions, rest assured you have plenty of options to try. Even better, you can combine some of them!

Read on for seven ways to get cheaper and maybe even free medications.

1. Explore Free Medication Options

Did you know that retail chains like Meijer, Sam’s Club, Publix, and Winn-Dixie all offer certain medications at no cost? You won’t even need any insurance to take advantage of this program!

Free antibiotics like Amoxicillin and Penicillin are most common. But some places also offer vitamins, statins, Metformin, and antidepressants.

You can also possibly get free medications if your doctor’s willing to give you some samples. You’ll probably have better luck here if you’re testing some new medication than just refilling an existing prescription, though.

2. Avoid the Name Brand Version When Possible

In many cases, your doctor will find it acceptable to use a generic version of your medication that will cost considerably less than the branded option. In fact, popular pharmacy chains offer generics for as low as $4 for a 30-day supply or $10 for a 90-day supply!

You get such significant savings since you’re not paying for the name and marketing like you do with branded medications. At the same time, you shouldn’t notice any difference in how well the medication works since these medications go through extensive safety and effectiveness testing.

3. Compare Prices Before Heading to the Pharmacy

When you’re sick and in a rush, you might not feel like going online or calling pharmacies to see how prices differ. However, you can save a lot of money by simply using price comparison websites like RXSaver and GoodRx.

Along with comparing prices, these tools will show you pharmacies that offer low-cost or even free prescription programs. You might also get access to special coupons to show the pharmacist.

It’s also worth checking your insurance benefits to see if the insurance provider has an affiliation with … Read the rest

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