Prescription medication can often lead to out of pocket expenses which add to your monthly expenses. If not cautious, your medication bill can cost a lot. But the good thing is that there are several ways in which you can lower your drug cost especially if you have a chronic illness that requires you to take prescription medication daily.
We have heard several individuals complain about it which is why today in this article we are going to be discussing the approved and safe ways to reduce your costs and save up more. So, continue reading to learn more about saving money on your prescription.
1. Switch to Generics
Similar to clothes and other products, every medication that comes with a brand name will cost you more than a regular item. Most doctors would recommend you the most popular medication brand in the market but when you hit the pharmacies, you will realize that the exact same medication also has a generic replica that has the exact same composition and is also approved by the FDA.
But at the same time will cost you less than a branded medication. In case you have any questions or doubts, you can always consult your health care providers and they will for sure suggest a cheaper alternative as we all understand how costly medication can be.
2. Splitting Pills
In most cases of chronic illness, patients often order double doses of their medication even when a single dose might be effective for them as well. There are certain pills in the market which are approved by the FDA for splitting. Most of them come with a splitting line as well to make things easier for the patients.
So, if your medication can be split in half, then for sure can save some cost on it. It might not be much but when it comes to medication, every cent matters. But, make sure that you first consume both the halves before you split another pill.
3. Mail Order or Online Pharmacies
This is the digital era. If you can find clothing, beauty products, and all sorts of electric products online, you can for sure find medication online as well. There are multiple reputable pharmacies operating online that offer discounted rates to their customers on specific days.
Furthermore, if you have a health plan then you can order in bulk as well to enjoy lower costs or specific discounts. You can always ask your health care provider for a reputable and trusted online or mail-order pharmacy if you are facing trouble finding the right one on the internet.
4. Discount Programs or Supplemental Coverage
Several pharmacies now offer frequent customers discount programs which are also known as the patient assistance programs. Depending on your medical needs and your income, you might become eligible for the plan and the pharmacy will directly get your order from the pharmaceutical company so you can enjoy free, discounted, or low-cost medications.