Even if you have health insurance, there are still a few things you can do to save money on the cost of any prescription medications received from your dentist or doctor. It’s no secret that the cost of healthcare has been steadily rising over the years, and saving on health and Jackson insurance where you can is a great way to save yourself a great deal of financial pain.
Ask for Generic Options
Before you even head out to the pharmacist, ask your doctor if there’s a generic medication you can take that’s just as effective as the name brand option. Evidence shows that you can save as much as 80 percent on your copay under an employer’s plan when you opt for generic medication.
Just like different retailers offer different prices for the same product, the same is true of pharmacies and prescription medication. Call neighborhood and chain pharmacies in your area to compare prices for your prescription. Know that you can negotiate prices, which is a good idea even if you can afford the price you’re quoted; there’s nothing wrong with saving a few more dollars if you can do so without a compromise in overall quality.
Consider a Mail-Order Pharmacy
You can buy almost anything online these days, so why not medication? Something you might not be aware of is the fact that brick-and-mortar pharmacies, just like any other type of business, have overhead expenses, expenses that are passed on to customers. Not only can you save money on your medication, you can also save on gas for trips back and forth from the pharmacy.
Just make sure whatever mail-order pharmacy you choose:
Has a license to practice in the U.S.
Requires customers to have a prescription
Has a recent Verified Pharmacy Practice Site certification
Employs a certified pharmacist who can answer any questions you might have
Take One Pill Instead of Several
There’s a chance you may need to take more than one pill, which can drive up the overall cost of your medication even more. If you’re in this boat, ask your doctor if there’s a single pill available that will provide you with the treatment you need. Such combination pills are often less expensive, not to mention faster to take than multiple pills. An alternative is to inquire about double-strength pills you can split up and take, which lasts longer than taking whole regular-strength pills.
Appeal to Your Insurance Provider
There’s a chance you may be prescribed a medication your insurance provider doesn’t cover. If so, know that you can appeal to your insurance company. Know that as long as your specific condition allows for it, insurers have to cover prescriptions that are medically necessary if those prescriptions aren’t on their formularies. You can take this one step further and go to your state regulator to look into the matter if your insurance company still refuses to cover the cost of your medication
Look Into a Prescription Assistance Program
Pharmaceutical companies offer assistance programs that could help drive down the cost of your medication if you’re uninsured or don’t have enough insurance to cover your prescription. In most cases, such programs are reserved for medications that are particularly expensive. To save you the time it takes to track down which company manufactures the medication you need, you can hop online and visit sites that categorize assistance programs by medication type.
While it’s understandable to think you can’t put a price tag on good health, it’s also understandable that you don’t want to feel like you have to file bankruptcy after paying for your medication. Use these tips, and work with your doctor as well as your pharmacist to save as much money as possible while taking care of your health.