Medications can be expensive, especially if you have a long term prescription. But the good news is there are ways to save on medication if you know where to look. Whether you’re managing a chronic condition, dealing with a short term illness or trying to cut costs here are 10 ways to find affordable medication.
1. Compare Prices at Different Pharmacies
Not all pharmacies charge the same for medication. Prices can vary quite a bit from one pharmacy to another so take some time to shop around. Many websites and apps like GoodRx or SingleCare let you compare prices at different pharmacies in your area. You might be surprised to find big savings just by filling your prescription at a different location.
2. Look for Generic Options
Generic medication is often cheaper than brand name medication even though they contain the same active ingredients and work the same way. When your doctor prescribes medication ask if there’s a generic option. Generic drugs can be 80-85% cheaper than brand name medication so switching can be a big money saver.
3. Check for Prescription Discount Cards
Many organizations offer free prescription discount cards that you can use at participating pharmacies. Companies like GoodRx, SingleCare and RxSaver offer discounts on thousands of medications. You can use these cards even if you have insurance and they can sometimes be cheaper than your insurance copay. The savings will vary depending on the drug and the pharmacy so it’s worth checking each time you fill a prescription.
4. Ask Your Doctor for Samples or Alternatives
Doctors often have samples of medication that pharmaceutical companies provide. These are usually for short term use but can help bridge the gap if you’re between refills or want to try a medication before committing to a full prescription. You can also ask your doctor if there’s a less expensive alternative that might work for your condition. Sometimes a different drug or treatment can be just as good at a fraction of the cost.
5. Look for Online Pharmacies (But Be Careful)
Online pharmacies can sometimes be cheaper than brick and mortar stores but be sure to use only reputable websites. Check that the online pharmacy is licensed and requires a prescription from a doctor. Websites certified by the National Association of Boards of Pharmacy (NABP) or those with a “.pharmacy” domain are generally safe to use. Examples of trusted online pharmacies are Canada Drugs Direct or HealthWarehouse.
6. Get a 90 Day Supply
If you take medication regularly ask your doctor if they can prescribe a 90 day supply instead of a 30 day supply. Many pharmacies and insurance plans offer a discount on a 3 month supply so it’s cheaper in the long run. This can also be convenient so you don’t have to go to the pharmacy as often.
7. Check for Patient Assistance Programs
Many pharmaceutical companies have patient assistance programs (PAPs) that offer free or discounted medication to those who qualify. These programs are income based but can be a lifeline if you’re struggling to afford medication. Ask your doctor or check the website of the company that makes your medication to see if they offer a PAP. Some non-profit organizations like NeedyMeds or the Partnership for Prescription Assistance also offer information on these programs.
8. Use a Mail-Order Pharmacy
Mail-order pharmacies can be cheaper than local pharmacies especially if you have insurance. Many insurance companies partner with mail-order services to offer a discount on maintenance medication. Mail-order pharmacies also offer the convenience of having medication delivered to your door often with free shipping. Just be sure to use a reputable provider like Express Scripts or CVS Caremark and check that your insurance covers mail-order.
9. Check Government Programs
If you’re a senior, veteran or meet certain income guidelines you may be eligible for government programs that help with medication costs. Here are a few examples:
Check with your state’s health department or the federal government’s benefits website to see if you qualify for any of these programs.
10. Buy OTC When You Can
Some prescription medications have over-the-counter (OTC) equivalents that are much cheaper. For example, common medications for allergies, heartburn and pain management are OTC. Always check with your doctor before switching from a prescription to an OTC to make sure it’s safe and effective for you.
More Tips to Save on Medication
In addition to these main tips here are a few more:
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It’s not easy to find affordable medication but there are options. Try these and you may be able to save big without sacrificing your care. Remember your doctor and pharmacist are your resources—they can often suggest cost saving options or alternatives that fit your budget and health. Do a little research and ask a few questions and you can manage your medication costs and take control of your health.
