Tag: discount drug

7 Simple Ways to Save Money on Prescription Medication

 Prescription medications can be costly

 

Prescription drugs can be incredibly expensive. Even if you are insured, medications can break the bank in a hurry. Here are 7 money saving options that may help you keep more cash in your pocket next time you need to fill a prescription.


 

#1-Prescription savings & discount plans: There are several types of these plans. 

The first type of plan requires that you sign up for a FREE membership and print or download a savings card to your phone or tablet. Your membership is immediate. Simply present your card at participating retail pharmacies and save on many of your prescription drugs. There are no prescription limits and you & your family can use the card at any time. Remember to check each plan for a list of participating pharmacies in your area.

Plans like this include:

The Prescription Savings Card:   http://theprescriptionsavingscard.com/  

Your Rx Card: http://www.yourrxcard.com/

Rx savings plus:  https://www.rxsavingsplus.com/

Another type of prescription discount plan asks you to enter the name, strength, and quantity of your medication. Then, they search for the cheapest price & coupons at pharmacies in your area. Next, you choose the best price/coupon, print the coupon or download it to your phone, show it to the pharmacy and pay the discounted price.

I searched for gabapentin, 300mg, 90 capsules. My prices/coupons ranged from $12.28 to $75.22. That’s a difference of $62.94 and A HUGE savings!

 Plans like this include:

Good Rx:  https://www.goodrx.com/

Good Rx also offers a drug discount card similar to the first plans mentioned above and a mobile app for your phone or tablet.

The third type of discount drug plan asks you to enter your drug, strength, and quantity, then it finds the lowest price at local pharmacies and allows you to pay for it online or through an app. Next, print your receipt or send it to yourself via text message and show it to the pharmacy when you pick up your prescription.

Plans like this include:

Blink Health: https://www.blinkhealth.com/

 

#2-Pharmacy prescription savings clubs/plans

Walgreens offers a prescription savings club for patients who are not on medicare or Medicaid and have poor insurance or not enough coverage. The program costs $20 per individual or $35 per family per year. If you don’t save at least the cost of your prescription card membership fee in one year, they’ll pay you the difference.

Check out the details at: https://www.walgreens.com/pharmacy/psc/enrollment/psc_product_details.jsp

Walmart offers a long list of generic drugs for just $4 per month or $10 for 3 months.

To see this list go to: https://www.walmart.com/cp/4-Prescriptions/1078664

CVS pharmacy offers the isave program. This program offers more than just prescription savings. Your monthly fee includes discounted rates for doctors, labs, dental, vision, chiropractic and more.

For information about CVS isave go to: https://www.cvsisave.com/HowiSaveWorks.aspx

 

#3-Patient assistance programs

Many drug companies offer medications at little to no cost for patients who cannot afford them. You can look for patient assistance for each of your drugs individually by searching the drug manufacturer website.

Or you can simplify your search by using a program like Partnership for Prescription Assistance : https://www.pparx.org/

At pparx.org you enter all of your medications or just those that you need assistance with. Then, you’ll enter details about your income, family size etc to see if you qualify for any assistance programs. If you qualify, you’ll work with your doctor and the drug manufacturer to receive medications at little or no cost. Usually, to continue receiving the assistance you’re required to resubmit your information every year. These programs are extremely helpful when medications are very expensive or there is no generic equivalent available.

 

#4-Generic drugs and lower tier medication choices

Insurance pays for drugs based on tiers. Always remind your doctor that you would like a generic drug or a drug on the lowest tier possible.  Most doctors can search for the cheapest option to treat your condition.

 

#5-Cutting larger dose pills in half

Sometimes higher doses of the exact same medications are only marginally more expensive than their lower dose counterparts. For example, if you need 5 milligrams of Lexapro or 5 milligrams of prednisone twice a day, it may be cheaper to buy 10-milligram tablets and take ½ a tablet (5 milligrams) twice a day instead of a 5-milligram tablet, twice a day. Ask your doctor if this is an option and remember, some medications can not be split into 2 doses.

 

#6-Obtaining prescriptions through Canada or Mexico

Sometimes purchasing medications from our neighboring countries can save you big money.  If you happen to live near Mexico or have parents, family or friends near the border, you can get many medications at a significant discount. For instance, my recent prescription for ketoconazole shampoo cost me a $20 copay at my local Costco pharmacy. Whereas, my parents bought me the exact same shampoo at a pharmacy in Mexico for $4.00 a bottle. In fact, both shampoos are made by the exact same manufacturer and the only differences are the bottle shape, the language written on the label and the price.

 

#7 Licensed non-profit online pharmacy

Rxoutreach.org is available to qualifying individuals and families. Patients can quickly check their eligibility online (based on income and number of family members).

Patients can be on Medicare, Medicaid or other health insurance and still receive medications from Rx Outreach. After qualifying, your prescribed medication is sent to your home.  

Rxoutreach.org believes that “EVERYONE DESERVES ACCESS TO AFFORDABLE MEDICATIONS”.  

For information about rxoutreach.org: http://rxoutreach.org/

 

There are literally hundreds of pages of results when you search online for “prescription savings plans” or  “ways to save on prescriptions”. The 7 ideas listed here, and the companies mentioned, are just a few options that exist for saving money on prescriptions.

On behalf of the Central Pain Nerve Center,  we hope you find this information helpful.

 

Citations for the article:

 

http://theprescriptionsavingscard.com/

 

http://www.yourrxcard.com/

 

https://www.rxsavingsplus.com/

 

https://www.goodrx.com/

 

https://www.blinkhealth.com/

 

https://www.walgreens.com/pharmacy/psc/enrollment/psc_product_details.jsp

 

https://www.walmart.com/cp/4-Prescriptions/1078664

 

https://www.cvsisave.com/HowiSaveWorks.aspx

 

https://www.pparx.org/

 

http://rxoutreach.org/

 

Post authors:

Rebecca A. Brandt R.N.

Lisa Davis-Budzinski

 

Central Pain Nerve Center