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How Can I Save Money on My Prescriptions?: Money Saving Tips

July 6, 2020

Health is like wealth. If you don’t work to keep it up, it declines. When health fails, help in the form of prescription drugs aids in building the body back to satisfaction.

Some prescriptions aren’t without the hefty price tag. If you’re wondering how can I save money on my prescriptions, don’t fret.

Pricey drug costs create monthly debt. When you can manage to save a few dollars you ease the weight of the debt. Also, saving money on prescriptions frees up finances for other financial emergencies.

Unexpected financial situations happen that are out of your control. When you have the money on hand, it takes the sting out of the stress of the emergency. Paying a decreased cost for medication each month keeps funds available.

Have you been asking yourself how can I save money on my prescriptions? Read on to learn top tips on saving money on prescriptions.

How Can I Save Money on My Prescriptions? Buy Generic!

Many people shy away from generic drugs. They have inaccurate beliefs about the level of potency compared to name brands. Generic drugs provide the same quality, clinical benefit as name brand drugs.

The FDA makes such requirement.

If you need medication the delivers the same active ingredient for a lesser price, go generic. Let your primary care physician know right away before they write your prescription.

Coupons

If you’re used to clipping coupons for groceries and clothing, consider doing the same for your medications.

Yes, coupons for prescription medication is a thing.

Coupons for prescription drugs come in several forms:

  • eCoupons – websites like SingleCare, Help.RX, and WellRX of online coupons on their sites.
  • Prescription Discount Cards – GoodRx, Optum Perks, and ScriptSave WellRX.
  • Mailer Coupons – coupon sources like SmartSource and P&G have prescription discount coupons in them.

Before you pay cash for medication, check these sources for discount coupon options.

Mail-Order Pharmacies

Mail-order pharmacies mail your medications to your doorstep every month. As an incentive for offering you mail-order service, these pharmacies offer discounted prices.

They do this by eliminating or reducing normal overhead expenses accessed to you by pharmacies. You don’t get that discount at walk-in pharmacies. Those costs get absorbed in the price of your prescription, which is why it’s so high.

Save yourself a nice percentage by going the mail-order route.

Get Assistance

Most states have medically needy programs that assist with prescription costs.

Most of them go by your income. Some of them are nonprofit organizations funded by investors who simply want to help. Check with your local health department for information.

Also, consider calling the drug manufacturer directly. Sometimes they’re willing to offer you the prescription directly at a discounted price.

Save on Your Prescriptions

Since you’re wondering how can I save money on my prescriptions, follow these tips. Take the penny hoarder route and utilize options that help you save money on your medications.

We have more health tips like this. Check out our lifestyle and health guide for more ways to stay healthy and save money.

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About Me

Hello all!!!! I'm Darcy and I recently started writing on My Zeo about health and fitness (and part of that important health equation is sleep!). As we are all super busy with life, I try to integrate how to stay fit, relax and be healthy and happy through everyday life.

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