How To Save On Medicine
Are you trying to save money?
Well medicine is a good place to start.
This is especially true when it comes to the cost of prescription medications.
So if you want to know how to save on medicine please read this article now.
Consult With Your Doctor First
The very first thing you need to do if you’re trying to save money on your prescription medications is to consult with your physician.
There are a couple of reasons for this.
First there are normally more than one medication available for different ailments.
Your doctor has the ability to prescribe different medications for any health problem.
Are you taking a medicine that is hurting your pocketbook?
Talk to your doctor about alternate medicines that may be just as good but less expensive.
A lot of times an alternative medication can be significantly less expensive than the one you are currently taking.
Many doctors are not aware of how much medications cost.
Doctors know what medications are available.
However since they don’t buy them they don’t always know what they cost.
By taking the time to mention your concerns to your physician, you may save a lot of money.
The second reason that you should always consult your physician is to be sure you get the right alternative drug.
Your doctor is the expert.
When it comes to saving money on your prescription drug costs your doctor should be more than willing to work with you.
Ask If Generics Are Available
Generic medications are generally much less expensive than their brand-name counterparts.
You can save 30% to 80% just by going with a generic.
They deliver the exact same benefits to you as a consumer.
They have the exact same ingredients as their more expensive brand name products.
Make certain that you ask your pharmacist whether or not a cheaper generic alternative is available for the medication you’ve been prescribed.
Buying generics will save you money without compromising on quality.
Also If you have insurance be sure to check your copay on prescription drugs.
Generally you will pay less out of your pocket for generics.
Ask If An Over-The-Counter Option Is Available
For things such as basic allergies, many medications are now available over-the-counter as well as by prescription.
Quite often, these over-the-counter medications will be significantly less expensive than a prescription counterpart.
I have allergies.
The best medication for me is Claritin
Claritin used to be a prescription allergy medication but now you can buy it over the counter.
Claritin costs about seventy five cents a pill.
So do I buy Claritin?
No, I buy Walmart’s over the counter alternative which has the exact same ingredient but costs twenty two cents a pill.
If your doctor is writing you a prescription be sure to ask if there is an over the counter alternative.
Shop Around For The Best Prices
Most people believe medications cost the same at every pharmacy.
Unfortunately, this is not the case.
Pharmacies have different prices on the same medications even in the same area.
For this reason, it is important for you to shop around in order to obtain the best price possible on your prescription medications.
It is important for you to shop around when you get your prescription initially filled.
It is also important to periodically check prices when you get refills.
Check a few different pharmacies in your area in order to obtain the best price possible or check online. A pharmacy may match a price you found on the internet.
By doing this, you can ensure that you are getting the best price possible on your medications.
One other thing to take into consideration when shopping pharmacies is that many offer additional customer benefits for free to their customers.
Things such as gas reward points, additional savings in the store, and other perks may help you bring the actual cost down.
If you do not have prescription coverage with your insurance there are a number of discount cards you can use to cut your prescription costs. Here are two.
Drugs.com has a discount card that will save you money on most prescription drugs.
AARP has a discount card that can save you up to 38%.
Be very careful buying medications online. Be sure you are buying from a reliable source and not from some “company” in India. Check with your insurance company before buying drugs online.
Request Larger Quantities From Your Doctor
Many pharmacies offer discounts for larger quantities of medication.
Are you going to be on medication for a long period of time?
If so consult with your doctor to see if he/she can write a prescription for a larger quantity of the medication.
For example, many blood pressure medications are prescribed in 30 day increments, but are significantly cheaper if ordered in 90 day quantities.
Pharmaceutical companies shower doctors with free samples.
Ask your doctor if he has any samples of the drugs he is prescribing for you.
Your doctor will be happy to give them to you if he/she has samples.
Be aware that Drug companies that give samples sometimes offer the doctor something in return.
Be sure the doctor is giving you the best medication for your ailment and not the one that is the most beneficial to him/her.
Final Thoughts On How To Save On Medication
If you take the time to follow just a couple of the tips listed above, you can drastically reduce the amount of money you are spending on medication.
Whether you are buying over-the-counter or prescription medications, taking the time to do a little bit of research can ultimately save you hundreds of dollars.
Scott The Frugal Man
Here are a couple of other posts which may be of interest to you.
Please Share This On: