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Tips for Saving Money on Medication

saving money on medication
20 Aug 2017

Tips for Saving Money on Medication

As medication costs continue to surge in the United States, people are looking for ways to cut costs and make their drug prescriptions more affordable. We’ve put together a few tips for saving money on medication. Whether you receive healthcare privately or through your employer, are in the Medicare “donut hole”, or are simply uninsured right now, there are things you can do to get your medication at a discounted price.

How to Save Money on Prescription Drugs

These tricks of the trade can help you save money on your RX bills every month:

  • Shop Around – If you always go to the first local pharmacy in your area, then you may be overpaying for your medication. Other pharmacies, whether virtual (online), mail order, or in retailers, can offer a lower price if you look closely.
  • Ask for Samples – You would be surprised at how many free samples you can receive and save a few bucks! You can often get 10 to 14 day’s worth of samples if you want to make sure that you can tolerate the medication first. Also, there are websites where you can check for coupons and samples.
  • Ask for Generics – The generic version of your prescription often has a big difference in price. The cost of a generic drug is 80% to 85% lower, on average than brand-name products, according to the U.S. Food and Drug Administration.
  • Prescription Assistance Programs – PAP’s are designed to provide relief for low-income families that struggle to pay for medication. These are programs offered directly by drug manufacturers that can cut the cost of your medication drastically.

If you’re interested in seeing if you qualify for a prescription assistance program, our patient advocates can help you. We have years of experience in getting patients into a variety of prescription assistance programs. Many of the application criteria and eligibility requirements are tough to navigate on your own, but our specialists will have you covered throughout the whole process. To begin saving money on your drug costs, call 888.344.8915 and let’s begin your application right.