Are you looking for ways to save money on your prescriptions?
We know how expensive prescription drugs can be, and we want to help.
That’s why we provide a variety of different ways that you can save money on your medications and it's important that you know how.
Some people might not think about this at all, but even a small difference in the price of your medication can add up over time.
In this article, we will discuss 9 different ways to save money on prescriptions so you can get the best savings and lowest prices possible.
How to Save Money on Prescription Drugs
You don’t have to pay full price for your medication anymore. Let's look at credit cards, for instance. If you compare specific types of credit cards, you just might find one—that you qualify for—that rewards you for your pharmacy purchases. There are so many ways that you can get the most out of your prescriptions and still save some money along the way.
Here are the different strategies you can use in order to reduce the cost of prescriptions and medications.
1) Compare prices
One of the easiest ways to save money on prescriptions is by simply comparing prices at different pharmacies.
You can do this online, by calling a few stores in your area to get quotes, in-person or using an online app that will show you where your medication is being sold for less. With Canada Drugs, you can easily view prices and find the best choice for your budget and long term needs.
The cost of prescription medicines varies from pharmacy to pharmacy. You may inquire about the price of a prescription at a pharmacy before obtaining it. Comparing prices between pharmacies will help you save money, especially if you require the medication on a regular basis.
2) Shop Online
Another way to save money on prescriptions is by shopping from an online pharmacy.
Telemedicine services provide a safe and convenient way to receive your medicine, as you can consult with a physician without leaving home. Furthermore, these services take the hassle out of finding pharmacies in your area that sell your medication for less money than usual or offer special deals.
Often, you can find lower prices for medications when purchased online. In addition, some pharmacies offer free shipping on orders over a certain amount.
You should ensure that the online pharmacy from which you are ordering is safe and legitimate. You can do this by checking whether or not it has a physical address, as well as customer reviews of its services.
3) Sign up for home delivery.
Many online pharmacies offer home delivery for prescriptions.
You can also sign up for automatic refills so you don't have to worry about running out of medication. It can also be convenient, as the pharmacy will send you reminders when it's time to order your next prescription. Home delivery typically offers discounts on refills, which can save you money.
Having home delivery is especially helpful if you take several medications or need prescriptions on a regular basis.
How It Works
1) You may order your prescriptions online or via phone. A doctor or pharmacist is accessible for you if you have any questions as well.
2) Your prescriptions will be delivered fast and free of charge on all pharmacy products
3) Offers Contactless delivery to your home which ensures your safety as well!
Tip
When comparing prices between pharmacies, be sure to take into account the cost of shipping.
Some online stores offer free shipping on all orders, while others charge a flat rate or offer free shipping for larger orders.
It's important to factor in shipping costs when making your decision, as these costs can sometimes be even higher than the price of filling your prescription.
This is often true when you're ordering from a foreign pharmacy, as shipping overseas comes with its own set of challenges and expenses.
Advantages of Using Online Pharmacy Home Delivery
- Delivery through an online pharmacy can help you get your prescription medications. It is safer, easier and it is cheaper than getting medicine from a drugstore.
- Free delivery is and the package is sealed and waterproof.
- From the convenience of your own home, specialized pharmacists are also available 24 hours a day, seven days a week.
- It's easy to get your prescription transferred
4) Go Generic
Generic medications are an economical option when you're looking to save money on prescriptions. If a generic option is available, don't pay for an expensive brand-name drug if the same effect can be achieved for less money.
A generic drug is a copy of a brand-name medication that's been approved by the FDA and is available at a lower price.
The quality, safety, and efficacy of generics are strictly regulated by the government, so you can be confident that you're getting the same medication as the brand-name drug.
When you opt for a generic medication, you can save up to 50% off of the retail price of the drug.
5) Opt for a 90-day supply
Opting for a 90-day supply of medication is another way to save money on prescription drugs.
Many pharmacies offer a discount when you purchase a three-month supply instead of several smaller bottles or packs, so be sure to ask your pharmacist if this would work for you and how it could affect the cost of your prescriptions before you purchase.
If you know you'll need certain medicines in the future—such as blood pressure medications or birth control—you may be able to obtain a three-month supply for a one-time order and save even more in the long run.
6) Ask for Free Medication Samples
Check with your doctor to see if they have free samples of your prescription drugs.
Often, doctors will offer full-size samples, particularly for maintenance drugs such as asthma inhalers or blood pressure treatments.
Samples allow you to test whether a medicine is effective and well-tolerated without having to spend money on an expensive prescription.
7) Use a pharmacy savings card
Prescription discount cards are a great way to save money on your prescriptions.
Just like retail stores offer discounts for shoppers who use store-branded cards, pharmacies will often give you a certain percentage off of your medication if you have their discount card.
This can be a good option if it's something that is not covered by insurance and has no generic available—but be sure to compare prices before you fill your prescription.
There are a number of pharmacy savings cards available, and it's worth looking into which one offers the best discounts for the medications that you take.
8) Look for Coupons
Look for online but trustworthy coupon codes and discount cards that can save you money on your prescription. These are most effective if you're paying cash.
Take the discount code or card to the pharmacist or show it on your phone, and they can typically enter the code for you.
Many retail pharmacies also provide coupons or incentives to entice patients to fill their orders. For example, as a new client, you may receive a $20 in-store gift card for your first prescription.
9) Get the Most Out of Your Insurance
a) Use your prescription coverage!
You pay for health insurance, so take advantage of it. Every insurer has its own formulary, which is a list of medicines that it covers and does not cover.
A drug formulary might contain a lot of medications. A person should consult with his or her physician to determine which drugs are covered and the best combination of medications that are both effective and cost-efficient.
b) If you need a drug and your insurance doesn't cover it, contact your insurance company to inquire about how to obtain the prescription medicine you require that is covered.
or
- Inquire with your doctor if a generic alternative may be used for your health condition.
- Ask your pharmacist if there's a less expensive alternative drug that works the same.
c) Use free care that comes with your plan.
Take advantage of your health plan's free care, which includes no co-pays or additional costs such as a free yearly check-up and vaccines!
d) Compare the copay
Copay is the fixed amount you pay for the service. For example, you might spend $20 on your medicine while the insurance will spend $60 on a drug that costs $80.
Some insurance copays for filling a prescription can be more than just buying the drug or its generic version.
You may call the pharmacy before they go to the store. You may ask how much it costs for a prescription without insurance. Then compare this price with what you would pay if you had a prescription copay so that you will know which is the best deal for you.
10) Ask a doctor if the medication is still necessary
A person who has been taking a certain medicine for a long time may notice an improvement in their health. It's worth discussing with your doctor whether you should decrease how much of this medication you take or stop taking it completely. This can help you save money on medications.
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The content is intended to augment, not replace, information provided by your clinician. It is not intended nor implied to be a substitute for professional medical advice. Reading this information does not create or replace a doctor-patient relationship or consultation. If required, please contact your doctor or other health care provider to assist you in interpreting any of this information, or in applying the information to your individual needs.