Finding the Right Prescription Savings Option Without Breaking the Bank

Anyone who grapples with a chronic health condition, or has picked up a prescription lately, knows that prescription medications can be costly. Over the years, several savings options have been introduced such as discount cards, prescriptions by mail, or samples from providers to name a few.?

With so many options available, choosing the right savings plan can be overwhelming, and some may be more financially beneficial than others. Here are some ways to save on prescriptions without breaking the bank:

Price-Match Guarantees?

Many online pharmacies, like LitonRX, offer price-match guarantees that provide their members with the lowest possible price. These same pharmacies can also offer online ordering and delivery services, saving people time and money.?

Discount Cards/Programs?

Many discount cards or programs are available; some for particular pharma companies, some that cover individual drugs, and others that work with various prescriptions. Well-known discount cards like GoodRX can offer up to 80% off some prescriptions, saving people hundreds — sometimes thousands — of dollars each year on their medications.?

Insurance Coordination

Many pharmacies are stepping up to offer expanded insurance coordination services. Instead of simply running a prescription through insurance and accepting whatever outcome, many pharmacies will now go above and beyond to coordinate the best coverage possible with a patient’s insurance company.?

Generic Options?

For many popular medications, a generic option may be available. Some insurance companies will cover a brand name medication rather than the generic version, or vice versa. Patients may have to speak to their insurance carriers before using a generic version of a medication. However, generics generally come at a significant cost savings when paying out of pocket.?

Flexible Spending Accounts/Health Savings Accounts?

Many healthcare plans have an FSA (Flexible Spending Account) or an HSA (Health Savings Account). The money in these accounts can be saved tax-free and used to pay for your prescriptions. Health Reimbursement Arrangements (HRAs) are also available with some employers that may cover prescription costs, depending on the plan.?

Supply Differences?

Sometimes, adjusting the day’s supply on your prescriptions can help save you money. For medications you routinely have filled, see if you can opt for a 90-day supply. This supply adjustment sometimes means a lower copay, leading to considerable savings overall.?

Free At-Home Delivery?

Opting for a pharmacy that offers free at-home delivery can be a cost savings. Home delivery is secure and convenient, especially for those who are disabled or may live far from a brick-and-mortar pharmacy location. LitonRX offers free home delivery throughout the state of Arizona.?

Everyone knows that prescription medications can sometimes strain a family budget. The pandemic led more people to seek online options for their shopping, and that included healthcare spending. Big chains such as Walgreens and CVS have entered the online pharmacy game, aiming to compete with other online pharmacies to bring lower costs and better consumer service. All of this competition could be very beneficial to people seeking the lowest possible prescription costs available.?

At the end of the day, the best way to get the lowest price possible on medications is to ask. Ask your provider for samples or discount coupons, ask your pharmacist for discount options, and ask those you know for recommendations, whether to online pharmacies or discount options.?

Yes, medications are expensive. It seems as if prices rise every year. However, with the litany of discount options available, consumers can save on their prescriptions and lower their healthcare costs overall.