Prescriptions are more expensive than ever these days, even with insurance, and with the way the economy is many families are finding it tough to find ways to pay for their prescriptions. With more and more people trying to find ways to save money on prescriptions here are 5 ways that will help you save a little moolah when it comes to prescription drugs:
1. Shop Around
Prescription prices are not all equal. Shop around and compare prices at your supermarket (if they have a pharmacy), retail stores, mail order and online. If you’re in Canada, online pharmacies can save you both time and money. Always be sure to check that an online pharmacy is legit, you can use CIPA (Canadian International Pharmacy Association) or PharmacyChecker.com.
Many pharmacies and prescription plans also give discounts for ordering a 30- or 90-day supply of medication. So be sure to check around to see which pharmacy or prescription plan can give you a better deal for your money.
2. Go Generic
Most brand name drugs have generic alternatives that cost much less than the brand-name versions. According to the U.S. Food and Drug Administration the cost of a generic drug is about 80% or more lower, on average, than brand-name products. Even if a generic is not available, there may be a less expensive alternatives that can do the same thing.
3. Talk To Your Doctor
A lot of times people don’t feel comfortable talking to their doctor about not being able to afford medication but this is something that you should discuss with your health care provider. By talking with your doctor the two of you may be able to come up with some alternatives that may be able to help. Your provider may also be able to help out with samples to be sure the medication is something that will work before you start forking over the money for it.
4. Look Into Assistance
Many pharmaceutical companies have programs that provide their drugs at deep discounts for those in need so you always want to be sure to check with the company’s website to see if they offer any kind of assistance programs. You can also check with your current insurance to see if they have any resources for assistance programs.
Medicare beneficiaries with limited income and resources may qualify for Extra Help,which is a government program that helps with costs of a Medicare prescription plan.
5. Split Your Pills
Most prescription drugs are sold in a variety of dosages, higher dosages are often sold with more discounts.. if you have a prescription plan already, check your formulary because oftentimes a higher dosage will be the same price as a lower dosage. Ask your doctor about the possibility of getting a higher dosage so that you can split the pills and take only half a pill a day. Keep in mind not all pills can be split this way so this may not work for everyone.