There’s no doubt that the cost of prescription drugs in the United States can be a real burden for patients, especially those who have multiple medications to manage. The rules and regulations governing drug pricing can also be opaque and confusing, leaving consumers without clear information on how to make sure they’re getting the best price for the prescriptions they need. It’s more important than ever for patients who want to spend less on their medications to be proactive about finding ways to cut costs. If you’re one of millions of Americans looking for ways to help reduce out-of-pocket expenses on your medications, read on for three great ways to find money-saving prescription discounts.
1. Ask about a generic alternative.
Some patients may not be aware, but many brand name drugs have generic versions that can cost significantly less. When a chemical patent expires, other companies are able to manufacture generic drugs, which are functionally identical to their brand name equivalents, albeit available at a much lower price. While not every drug has a generic, especially newer medications, many do. Even if the drug you’re prescribed doesn’t have a generic alternative, there may be a different medication you can try that does. Talk to your doctor about what generics might be available to treat your condition if you’re looking for a simple way to consistently reduce your monthly costs.
2. Research prescription discounts and coupons.
You might not realize it, but you can shop for prescriptions with discounts the same way you would for groceries or clothes. Websites like America’s Pharmacy can help patients find discounts and coupons on most commonly used medications, which can provide you with significant savings on all of your prescriptions. Most people assume their insurance plan is offering them the lowest prices available for their prescription medications, but even that isn’t always true. Not only that, but many drug manufacturers even offer coupons of their own, typically for first time patients or those in some state of financial need. No matter what your situation is, it’s always worth looking into discounts before you make a trip to the pharmacy or the drug store.
3. Comparison shop.
One thing many patients don’t realize is that pharmacies don’t all offer the same prices on medications. Not only can prices vary based on your insurance plan, what coupons you use, and what dosage you are prescribed, even the location you choose to fill your prescription can have an impact on what you end up paying. Pricing estimates online can provide a general guideline for what you can expect to pay, but there’s no way to know what the exact cost of your medications will be unless you reach out to the pharmacy directly and ask for information related to your specific prescription. Talk to your doctor or a medical professional in the area if you need help finding a quality local pharmacy that offers reasonable prices near you.
It can be hard to know where to start when you’re facing bills due to the rising price of prescription drugs. Drug prices continue to skyrocket, while Americans struggle to find ways to cover the costs. Accessing information about discounts and tips that can save you a significant amount of money is easier than ever, and you can use the internet to simplify comparison shopping from the comfort of your own home. While navigating the healthcare and pharmaceutical industries can be challenging, it’s essential and worthwhile to be educated as a patient and a consumer if you want to make sure you’re getting the best price on your prescription medications.