Saving on Prescription Medications

It’s no secret that health care costs are on the rise and that costs of prescription drugs, in particular, can be a huge burden to both the insured and uninsured. Following is a list of suggestions for cutting the costs of prescription drugs for you and your family.

1. Is it necessary? A prescription drug can be prescribed for almost any condition imaginable. And while at times those drugs can be life-saving or can improve the quality of life considerably, there are other times when lifestyle changes or something as simple as giving a condition time to clear on its own might be acceptable too. You’ll want to have an in depth conversation with your doctor before going the drug-free route but it might be something to consider.

2. Ask for samples. Pharmaceutical companies give samples to doctors for their patients to try and many doctors offer these to their patients as a matter of course. If your doctor doesn’t, ask him or her if any samples are available, particularly if the drug being prescribed is one you’ve never taken before. That could avoid a costly experiment if you end up having a reaction to the medication or if it’s ineffective for you.

3. Ask for generics. Many drugs come in a less expensive, generic version and doctors are often willing to have a generic substituted for a name brand if available. Ask your doctor about that at the time the prescription is written so that he or she can note that on the form.

4. Look into Mail Order. Many forms of health insurance offer a mail order pharmacy option, where medications are less expensive. This is ideal for medications taken on a daily basis. It is not uncommon to get a 90 day supply of medication for the cost of a 60 day supply. The prescription will need to be written this way so check into this before your doctor’s visit.

5. Look for coupons. Pharmacies are always competing and it’s not uncommon to see coupons that offer a free drug store gift card for a new or transferred prescription. Gift card amounts can range from $10 all the way up to $25. And some pharmacies/drug stores accept competitor’s coupons as well.