Prescription Drug Costs

Family Budgeting – 8 Ways to Reduce Prescription Drug Costs

If you have medical concerns that involve having to used prescription drugs on an ongoing basis, you are likely aware of how much of an impact they can have on your overall budget.

Try using these 8 proven ways to help you reduce your prescription drug costs:

1. Check With Your Doctor About Free Samples

This can save you quite a bit. Drug companies give doctors free samples all the time. Be sure to check with your doctor, or anyone else in your family that is taking prescription drugs.

2. Ask Your Doctor About Generic Drugs

Check with your doctor to see if it’s possible to get a less expensive alternative drug to the one you are using now. In addition, you may also be able to get older equivalents to newer, more expensive drugs.

3. Go With 90 A Day Supply

Many insurance companies and pharmacies offer discounts when you order in larger quantities, such as when purchasing a 90 day supply. After all, pharmacies save money because they only need to pay to have the prescription filled once.

4. Talk With Your Doctor About A Higher Dose

By doing this, you may be able to use a pill cutter to cut the pill in half. You’ll pay for less refills. Only your doctor will need to determine if this is option is a good fit for your particular medication.

5. Shop Around

Be sure to shop around before you have your prescription filled. Many national chains have followed Wal Marts $4 for a 30 day prescription plan.

6. Buy From An Online Pharmacy

Buy only from one that is licensed by the National Association of Boards of Pharmacy through it’s VIPPS program. Visit nabp.net for a list of online pharmacies that they have licensed.

7. Buy In Bulk From A Mail Order Pharmacy

8. Find Out If you Qualify For Drug Assistance

Many Drug Assistance program are income based, but Merk offers prescription drug discounts for those who are uninsured, regardless of income. pparx.org offers an online database of drug assistance programs.