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5 Ways to Lower Drug Costs and Save Money if You’re Paying Too Much for Medication
Try these easy tips to save money.
Switch to Generics:
On average, generic drugs cost 80 percent to 85 percent less than brand-name medications. While the FDA requires generic drugs to have equal quality and performance as brand-name drugs, there may be subtle differences. Always be sure to check with your doctor before making any changes.
Try a Mail-Order Pharmacy:
Cost-effective and convenient, mail-order pharmacies are another great option. You can save money on most medications and get a three-month supply delivered right to your doorstep.
Find a New Plan:
It’s possible your current plan for prescription drugs isn’t the best one for your needs. Explore other choices and see which option is best for your needs.
Call the Drug Company:
If you are a senior, some pharmaceutical companies employ policies to help you afford their medications. Find out if you’re eligible by looking up your experiences on the Pharmaceutical Assistance Program on Medicare.gov.
Compare Prices:
Apps and websites like RxSaver (rxsaver.com) by RetailMeNot make it easy to find low prices on prescriptions near you. Enter your info to compare prices at different pharmacies, choose the best option for you and instantly save up to 80 percent.
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