Even with good insurance, prescription medication can be a drain on a household budget. Copays can easily top $30 to $60 or more for necessary prescription medications. I have found some great ways to save on prescription medical expenses in my household. These tips have saved me hundreds over the course of a year.
Certain Prescriptions Can Be Free
Grocery store pharmacies in particular will often supply some antibiotics for very low or no cost to anyone who brings in a prescription. These stores want you to come in the door and shop while you are waiting for the prescription in the pharmacy, so they are willing to offer these ultra-low cost or free prescriptions. This can easily save $10 to $60 in copay or prescription cost.
Drug Company Prescription Savings Programs
Contact the drug manufacturer for medications with a high copay or no insurance, you can contact the manufacturer. Most prescription medication manufacturers have discount programs or coupons to help consumers get financial relief from the high cost of medication. Do a web search for the manufacturer's website and look for a program specific to your drug.
Special Offers at Pharmacies
Pharmacies will offer incentives occasionally to encourage individuals to transfer prescriptions to them. A local drug store was offering a $25 gift card per prescription. I transferred two prescriptions which cost me a $15 copayment receiving $50 in gift cards for the store!
Where You Shop Matters
I have learned that some medications cost is much less than my copay if I go to a less expensive pharmacy. Drug stores traditionally have the highest charges. Warehouse club pharmacies, which you are permitted to use even if you are not a member, often have some of the lowest costs. I have one medication which costs me the full $30 copayment at a drug store, but if I fill it at a warehouse club, the cost is only $17!
Ask for Samples of New Medication
I have learned to request samples of new medication. By having samples, I am able to make sure that I will not have any negative side effects or allergic reactions prior to paying for the medication. I have saved several high dollar copays on medication that did not react well with my body. Even taking the first week in samples rather than filling a prescription can you're your money on a questionable drug. Twice now, I have even received samples of short term medications, eliminating the need to purchase the drug at all at the pharmacy. This saved me both time and money.
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