We all have asked ourselves How To Save on Prescription Drugs, right? Prescription drugs can be expensive, especially if you have a chronic condition that requires daily medication.
There was a survey done in 2019 by the Kaiser Family Foundation, one in four Americans has trouble affording their prescription drugs.
There are ways to save money on prescription drugs without compromising your health. So here In this article, let’s explore some of the most effective ways to save on prescription drugs. and other items we use every day.
How to Save on Prescription Drugs… Chose Generic Drugs
Generic drugs are less expensive than their brand-name counterparts. Just as safe and effective. The FDA requires generic drugs to be identical to brand-name drugs in terms of safety. Also in effectiveness and quality.
A drug may go off-patent, at that time other companies can produce generic versions of the drug, which drives down the price. Choosing generic drugs can save up to 85% on your prescription drugs.
Use A Prescription Discount Card or Club Membership
A prescription discount card is a free card that provides discounts on prescription drugs. You can get a prescription discount card from various sources. This can include your health insurance provider, pharmacy, or a third-party website. Some prescription discount cards offer savings of up to 80% on prescription drugs. You can also join and have a club membership program like The Savingshighway Global Membership Program where one aspect of your membership includes prescription discount savings. However, be aware that not all drugs are covered by prescription discount cards/memberships so check the list of offered drugs and discounts.
Shop Around for How to Save on Prescription Drugs
Pharmacies charge different prices for prescription drugs, it pays to shop around. You can call or visit different pharmacies in your area to compare prices. Often Pharmacies offer loyalty programs or discounts for repeat customers, so consider using the same pharmacy for all your prescriptions. You can also use online resources like The Savingshighway to compare prices at different pharmacies and find coupons or discounts.
90-Day Supply
Many health insurance plans offer a 90-day supply option for prescription drugs. By getting a 90-day supply, you can save money on co-pays and reduce the number of trips you need to make to the pharmacy. Remember that this option may not be available for all drugs, so check with your health insurance provider, club membership lists, etc.
Consider mail-order pharmacies
Mail-order pharmacies can be a convenient and cost-effective way to get your prescription drugs.
Many health insurance plans offer mail-order pharmacy services, and some pharmacies and The Savingshighway Global Benefit Program offer this service directly to customers. By using a mail-order pharmacy, you can save money on co-pays and get a 90-day supply of your prescription drugs delivered to your door.
Patient Assistance Programs
Many pharmaceutical companies offer patient assistance programs to help people who cannot afford their prescription drugs. These programs provide free or low-cost drugs to eligible individuals who meet certain income and other criteria. For these services check with your health care provider or contact the pharmaceutical company directly to find out if they offer a patient assistance program for your medication.
Talk to Your Doctor about How to Save on Prescription Drugs
If you are having trouble affording your prescription drugs, talk to your doctor. Your doctor may be able to prescribe a lower-cost generic drug or recommend less expensive alternative treatments.
They may also be able to provide samples of your medication or refer you to a patient assistance program. Check out the MEMBERS ONLY savings Highway Global for their long list of prescription drugs at huge savings! (AND SO MUCH MORE THAT SAVINGS ON JUST PRESCRIPTION DRUGS )
REMEMBER TO CHECK WITH YOUR HEALTH INSURANCE PLAN
If you are using your insurance to pay for your prescription drugs.
Make sure you understand your health insurance plan and how it covers prescription drugs.
Some plans have a formulary, which is a list of drugs that are covered by the plan. If your drug is not on the formulary, you may need to pay a higher co-pay or full price for the drug.
Remember that some plans also have a deductible, which is the amount you need to pay out of pocket before your insurance starts covering your medication. Understanding your plan can help you make informed decisions about your prescription drug costs.
In Conclusion
In conclusion, prescription drugs can be expensive, but there are many ways to save money without compromising your health. Sign up for my newsletter and read other articles here to stay informed on ways to save money on all types of things you buy or use every day.
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