Many people spend a lot of money on medication every year. It is not uncommon for an individual to spend $5,000 or more annually on their prescriptions alone. There are ways to save some money and cut down your costs when it comes to medications, though. Read this blog post for six effective solutions to lowering your medication costs!
1. Compare Prices Online
You will find that many pharmacies offer the same drugs at different prices, so it pays to shop around before committing. Check out sites like GoodRx and Blink Health that compare drug prices from all major retailers.
Well, the price differences may seem little, but they can add up. When viewed in the long run, it is a good idea to compare prices online.
Are you trying to lower the cost you spend on Jardiance drugs? One way to save money is to consider Jardiance price comparisons from different suppliers. The good thing about using this trick is that you can also get coupons and discounts to lower the cost even further.
2. Consider Cheaper Drugs with Similar Efficacy
Your doctor should be able to prescribe you a drug with similar efficacy and at an affordable price. Contact your doctor, provide the medications currently prescribed for you and ask if there is any cheaper alternative medication available.
This solution is guaranteed to work but may take some time.
3. Buy in Bulk
Depending on how long you will be on medication, buying in bulk can be a great way to save. For example, if you are on medication for chronic conditions like diabetes or asthma, and your prescription will likely last at least six months before the next refill is needed, then this strategy may work well for you.
This strategy is also a good idea for people who need medication used only in emergencies, such as epinephrine auto-injectors or inhalers.
4. Check with your Insurance
Getting health insurance coverage is the first thing you should do to lower your medication costs. There are many different types of insurance cover, and finding a suitable one can be tricky, but it’s worth making time to check with your insurer about what they offer.
Insurance companies negotiate prices with manufacturers, so there is no guarantee that one company will always offer better deals than another – make sure you’re getting all the information before deciding on which provider to go with.
If you have an insurance cover, then you should check about the prescription coverage options you have. Some insurance covers will cover certain prescriptions, but some are not covered at all.
If you don’t have an insurance cover and can’t afford to buy medication out of pocket, it might be worth applying for Medicaid or Medicare. These programs are federal health programs to help people with lower income access medical care when they need it most. Both programs provide prescription drug coverage and dental and vision healthcare services packages, making them much more comprehensive than many other forms of health insurance on the market today (although eligibility varies depending on the state). Each person’s case will vary, so make sure you check your options before deciding what’s best for you!
5. Make use of Mail Order Pharmacies
As compared to getting your medication from a physical store, mail order pharmacy is cheaper. The average savings of a typical 25-week prescription buying through a website can go from $300 to over $400, and sometimes higher if you’re taking specialty drugs for conditions such as HIV or cancer.
Mail Order Pharmacies are also convenient because they offer home delivery with no additional charge required by a physical store. In addition, you don’t have to worry about running out of your prescription medication and having a copayment because they allow for unlimited refills. However, when using this trick, remember to give the proper info to your mail order pharmacy so they will be able to fill the prescription.
Mail Order Pharmacies are also great for people who live in rural areas because there is no need to drive a distance or wait for delivery.
6. Consider Samples of New Medications
Getting free samples of new medications can be key to finding the one that works best for you. Talk with your doctor about requesting a sample of any new drugs they prescribe and see if it covers what you need at an affordable cost.
The cost of medications can be a burden for anyone, but there are many ways to lower your medication costs without compromising the quality or quantity of care you receive. By reading this article, you will realize how easy it is to lower your medication costs and save money while still getting the treatment you need.