Medication can be a financial burden, particularly if they are long-term, and with the cost of healthcare rising in America, they are only going to become more expensive. Here are some tips on how to save money on your medications.
1.) Buy generic whenever possible. Generic medications are exactly the same as their brand name counterparts, but on average they cost one-third the price. Even if you have a prescription plan, buying generic saves you money on the co-pay.
2.) Order maintenance medications through your pharmacy benefits manager. They buy medications in bulk and can pass the savings to you.
3.) Split pills. High dosage pills are often the same price as lower ones. Ask your doctor if you can safely purchase half the number of high dosage pills and split them.
4.) Ask your doctor for samples. Drug companies give doctors a lot of samples that your doctor may be happy to give you for free.
5.) Shop around. The federal government doesn't regulate the cost of prescription drugs so prices vary from store to store.
