Filling up prescriptions and buying OTC medication can be costly. Thankfully, there are ways to score prescription discounts. The May issue of Consumer Reports’ ShopSmart tackles the issue and I summarize their findings below.
Go generic – Thought the names are unpronounceable, Consumer Reports found you’ll end up saving as much as 95 percent off the brand name price. Hot dang! The same is true about OTCs. I stopped buying Motrin a long time ago, and instead buy Ibuprofen. It’s so much cheaper!
Order online – Be careful when shopping for drugs online, warns Consumer Reports. Stick to sites that have walk-in stores and only order from within the US. The best prices online were found at:
Consider mail order – Check with your human-resources department about availability and take advantage of the savings.
Sign up for money-saving store programs – Most drugstores have discount programs that sell generic medications for $4 a month or less. The mag includes information on discount drug programs that save — it’s a must read if you want to compare their offerings. Another way to save money is to take advantage of prescription transfers like Bargain Babe does.
Shop mom-and-pop stores – Head to independent stores and ask if they match a chain’s price or if they have their own discount program. Once you compare the benefits and drawbacks, you’ll be armed to make the right choice for you.
Buy a pill splitter – Can you believe a $3 device can save you hundreds of dollars? By cutting pills in half, it’ll be like buying double the meds at half the price! Make sure to ask your doc if your pills can be split. Check out ShopSmart for more tips on how to safely split pills.
Lastly, ShopSmart points out you should beware of drug coupons as the meds may not be the right choice for you. How do you save money on medications?