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Want to Pay Less for Your Prescriptions? Find Out How

Prescription drugs are essential for fighting diseases and keeping your body healthy. However, thanks to the rising costs of healthcare and drugs, most people choose not to take their medications as prescribed by a physician because they can’t afford to pay for them.

While this is a common money-saving strategy, other people prefer purchasing drugs at a lower price from neighboring countries or using alternative treatment methods.

Below are essential tips to help you pay less on your prescriptions.

1. Shop Around and Compare Drug Prices

If you are in the habit of checking around for cheaper options before purchasing your flights, clothes, or shoes to compare prices to save a few dollars, you should consider doing the same for your prescription drugs. Most people don’t compare prescription drugs’ costs because they don’t know that prices vary from pharmacy to pharmacy.

Purchasing your medicines from cheaper pharmacies could save you hundreds of dollars. This is essential especially if you must refill your prescription drugs regularly.

You don’t need to physically visit every pharmacy to make a comparison; you can compare prescription drug prices online for pharmacies around your area. After comparing the prices, choose a pharmacy that is convenient and cheaper for you.

2. Use Any Coupons You Have

When a new medication is introduced into the market, it’s often very costly. Fortunately, the manufacturers and local pharmacies will offer coupons and discounts to attract a larger number of customers. Take advantage of these coupons to save you money when purchasing prescription medications.

3. Take Advantage of Pharmacy Discounts and Savings Cards

Different pharmacies offer their customers discount cards for prescription drug refills. Using a saving card can earn you up to an 80% discount, depending on the type of card and the pharmacy. Ask your pharmacist if they offer any discount or savings cards.

4. Split the Pill into Two Halves to Save Money

If you are having a hard time paying for a prescription, you can consider this method. Ask your healthcare provider if they could prescribe your drugs in a higher dosage so that you can split every pill in half. This is the easiest way to save money on prescription drugs.

To split your pills in half, you should purchase a pill splitter at any convenient store in your area. They cost less than a dollar. However, be very careful as there are time-released drugs, coated pills, and capsules that should never be split.

Consult your doctor before deciding to use pill splitting as a money-saving strategy on prescription medications.

5. Shop in Online Pharmacies in Cheaper Neighboring Countries

For years, people have been shopping online for prescription drugs in cheaper neighboring countries. However, ensure that you buy your drugs from a legitimate and verified online pharmacy. Use the below tips to confirm if the online pharmacy you’re considering is legit:

  • Don’t shop in online pharmacies that don’t require the patients to have a prescription
  • Look for a verified pharmacy by the country’s pharmacy state board
  • Ensure that you shop in a pharmacy with a verified physical address
  • Don’t fall for unreasonably low prices or free prescription refills
  • Don’t use websites that need you to complete surveys and fill questionnaires about confidential information such as finances or bank details

There are many people on the internet trying to steal from innocent and vulnerable customers. Be very careful with the websites you use online, especially when purchasing medications. If something doesn’t feel right, trust your instinct, and avoid that website altogether.

6. Ask for a Generic Medication

A brand-name drug and a generic drug have the same ingredients, work the same way, and provide similar clinical benefits. The main difference between the two drugs is the price. Branded medications are often more expensive due to patents and the process involved in developing the drug.

Most manufacturers price drugs at a higher cost to recover the cost used in developing the drug. However, once the patent expires, pharmaceutical companies and competitors manufacture the same drug at a lower price. Ask your doctor to prescribe the generic medication instead of the branded medicine to save you some bucks.

7. Opt for Different Medications

Chances are, your doctor already knows the most expensive and cheapest medication to treat or manage your condition. If you can’t afford the prescribed drug, request your doctor to prescribe something that may be within your budget.

During the visit, ask questions about the price of the medication prescribes and be honest with your doctor about your ability to afford the prescribed drugs. If you’re not open with your healthcare provider, they may prescribe the most expensive medication, assuming that your insurance will cover that. Regardless of your condition, there is always a cheaper prescription alternative.

8. Ask Your Healthcare Provider if You Still Need the Prescription Drug

Check with your doctor to confirm if you still need your medication, especially if you have been taking it for years. This is essential to ensure that you’re not paying for prescription drugs that you don’t need anymore. Ask your doctor if there are any lifestyle changes you could make to avoid taking medications.

Some illnesses could be managed by making simple lifestyle changes reducing your need for prescription drugs.

9. Shop in Bulk

If your prescription drugs are routine, you should consider making a wholesale purchase such as a 90-day supply. This will not only help you reduce the price, but it’s also very convenient. According to a study, buying medication in bulk can save you up to 29% of the total cost.

Are You Ready To Pay Less for Your Prescription Drugs?

In a world where healthcare costs keep rising, it’s essential to look for ways to save on prescription drugs. Using the above nine tips will help you pay less for your prescription drugs and save money.

Whether you are using insurance or not, exploring other cheaper options is a great way to lower any out-of-pocket costs associated with buying prescription drugs. For more insightful tips, check out other articles on your blog.