Did you know that Americans spend around $1,200 on prescriptions each year?
If you have chronic ailments that require lifelong treatment like diabetes, then it’s even harder trying to navigate the outrageous healthcare industry. Whether you need to buy a prescription once or regularly, you should never settle on the first price you see.
Do you want to learn how to save money on prescriptions? Keep reading for 7 genius ways you can cut your spending.
1. Save Money on Prescriptions by Choosing Generic Over Name Brand
One of the easiest ways you can find discount prescription drugs is to ask for a generic version of your medication. You don’t have to worry about the efficiency of generic drugs because oftentimes they use the exact same ingredients as their more expensive name brand counterparts.
2. Order Medication with a Canadian Prescription Drugstore
Did you know that our friendly neighbors up north offer all kinds of prescriptions for reasonable prices? If you’re trying to save more on your medication, you should consider placing a mail order with one of the many online Canadian pharmacies.
3. Save on Drugs by Ordering in Bulk
This tip works wonders for people who need to refill their prescriptions often. If you ask for a prescription that lasts for three months instead of one month, you can avoid more copay fees.
4. Apply for Government Help with Prescription Drugs
Don’t be fooled into thinking Medicare is your only option to save on healthcare. There are tons of federal, nonprofit, and even drug manufacturer programs that provide relief to those in need of medicine. Some examples of programs that are worth looking into are Partnership for Prescription Assistance and Needy Meds.
5. Always Compare Prices at Different Pharmacies Before Buying
Although it may sound strange, every pharmacy in America can have a different price for one drug. The reason why this discrepancy exists is because each pharmacy’s supplier is in control of the costs. If the supplier charges more, the pharmacy will have to raise their prices to offset their expenses.
6. Search for Savings and Free Trial Programs
If you go straight to the source, you may be able to find impressive savings on your prescription brand’s website. For example, if you’re a new customer, you might be able to score a free trial on a name brand drug. Some prescription services also offer other savings programs for loyal customers.
7. Ask Your Doctor for a Larger Dose
Even though it sounds counterintuitive, some drugs cost less when you buy them in bigger doses. You’ll have to spend a little bit of time cutting your pills into their proper dosage size, but the savings will be worth the extra effort. If you communicate your financial needs to your doctor, they may be able to help you find even more ways to cut your prescription costs.
Do You Want to Know More Ways You Can Save?
With these 7 ways to save money on prescriptions, you and your wallet can stay healthy for years to come.
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