The pandemic, COVID-19, has taken a toll on our lives, be it in our health, social life, and livelihood. People are now struggling to find jobs to earn for their daily expenses. It gets even harder that many products nowadays are expensive. With that, knowing how to manage your finance is a must.
Medication costs are no exemption to the spiking price of products. Medicines for chronic diseases or even those for mild illnesses are part of the price hike. Because of this, it is even more essential to know the best ways to save money on prescription medicines, especially amid the pandemic.
Utilize your pharmacy savings cards and online discounts
Savings cards are very helpful to lessen your expenses when buying your prescriptions. Bring your savings card and show it to the pharmacist to avail the discount. These cards are also available online or can be accessed through mobile apps.
Numerous websites offer different discount programs. BuzzRX, for example, offers discounts and coupons wherein you can save up to 80%. Search for the drug you need and avail free coupons. These prescription coupons are valid and accepted at over 60,000 pharmacies nationwide.
Check out for online pharmacies
Some of the closest retail pharmacies from your home are packed with people falling in line, waiting for their turn to buy their medicines. This is risky for everyone because of the highly contagious virus. There are increased risks for COVID-19 exposure inside. Alternatives for buying prescriptions are recommended― one of those is buying in online pharmacies.
Online pharmacy brings several benefits to consumers. It is way more convenient since it will ship and deliver your prescribed medicines right straight to your door. It is also useful for people under the implementation of strict community quarantine, wherein going outside is forbidden.
Moreover, buying medicine in online pharmacies can be way cheaper than in retail stores due to how these pharmacies choose to process and distribute the prescription. This way, you can save your money from those additional expenses.
Always ask for generic alternatives of your medicine
You have to know that your doctor or pharmacist will not always prescribe medicines that are the most cost-effective. Even some physicians’ prescription is limited to only those drugs they’re familiar with. With that, asking for the generic alternative of these medicines is a practical move to save your money.
Generic drugs contain the same active ingredients that branded ones have, only that these kinds are much cheaper. Thus, it has the same effect on the body and as effective. There are possibilities that the non-generic type may work better for you, but by all means, it’s better to start with generics, as per Reid Rasmussen, a health expert.
Generic alternatives of medicines are way cheaper. However, there are still some exceptions to that. If you come across a generic drug that is still costly, you can ask your doctor or your pharmacist for other treatment options as alternatives.
Consider switching to a three-month supply
If you’re under a maintenance medication, a 90-day supply, equivalent to the three-month worth medicine supply, would be practical. This usually applies to those people with chronic conditions such as diabetes, depression, anxiety, and high blood pressure.
Instead of continuously refilling and replacing your prescription medicines for a particularly short time, why not stock on a supply? This will be convenient for you and it costs far cheaper than buying repetitively.
However, this method can only be done through online pharmacies that don’t require insurance. This is because insurers often have restrictions when it comes to a number of refills at a time. Make sure to check this one out.
Assess your health insurance and medical drug plan
Remember that you are paying for your health insurance, so make the most out of it. But then, it is also important for you to understand what your health insurance and co-pays cost are, how much deductible will be taken, and which healthcare providers and pharmacies are available in your network.
If the prescription drug plan doesn’t meet the healthcare’s required needs, it’s either you have to adjust the coverage or find a new plan. But of course, there are still other options for you to choose from that will be more suitable for your own personal medical necessities.
Indeed the coronavirus has made the medication cost crisis even much worse. That’s why saving money for medical needs is one of the top priorities of people nowadays. The mentioned ways are only get-gos for you to start saving more money without putting yourself at any risk.