The prices of many prescription drugs can be stressful to you and your wallet. Rest assured, though, that there are some simple things you can do to save. Read on for helpful hints on how to shave a few dollars off your medication costs.
First of all, get to know your coverage. Check if you need to meet a deductible before your drug coverage kicks in, and learn which medications are on your plan's covered drug list. Also, be sure to use an in-network pharmacy.
To find a pharmacy in your network, or to learn more about your specific coverage, sign in to view your pharmacy benefits.
Be open with your doctor and let them know you're looking for ways to save. Ask if there are less expensive alternatives. Is it safe to split your medications? Is there a combination drug—a drug that can treat more than one health condition—that might work for you?
You can also reach out to a pharmacist. They sometimes know about special discount programs or if drug companies are running promotions.
If your health plan includes access to MedSavvy®—a tool that helps you compare treatment options for effectiveness, safety and costs—you can easily connect with a pharmacist online.
The price of a medication can vary from pharmacy to pharmacy, even among those in your network.
MedSavvy pharmacist Diana Graalum suggests shopping around—the pharmacy at a warehouse club store, for example, can be less expensive than traditional pharmacies.
If you have Asuris pharmacy benefits, sign in and use Find a Pharmacy to search in your network and see how much a medication will cost.
If you have MedSavvy, you can compare medications side by side to see if there's a more effective treatment at a lower price.
A generic drug has the same active ingredients as the brand-name drug. But there's often a significant difference in cost. In fact, according to the U.S. Food and Drug Administration, generic medications cost an average of 80-85% less than brand-name drugs.
If no generic is available, ask your doctor if there are medications that do the same thing and have a generic. For example, some statins—drugs that lower your cholesterol—have generics and some don't, so it won't hurt to ask if another option might work for you.
There are some cases in which the generic isn't much cheaper, so your best bet is to ask your doctor.
Many health plans offer home delivery (also known as mail-order). With this service, you can order up to three months of your medications at a time.
A 90-day supply can mean big savings. Graalum explains, "Each time a pharmacist dispenses a medication, there's a dispensing fee. So if you get a 90-day supply, there's one dispensing fee; if you get three 30-day supplies, that's three dispensing fees."
Another plus? You spend less time calling the pharmacy and less gas getting there.
If you can't afford to pay for your medications, look into assistance programs sponsored by drug companies, nonprofit organizations and the government. They usually have limits on income and other requirements, so make sure to do your research.
While medications can be expensive, there are some ways to make it a little easier on your wallet. Also, talk to your doctor to make sure you're only taking the medications you really need.
"At the end of the day, you want to be taking medications that improve your quality of life," Graalum says.
To learn more about your specific coverage, sign in to your Member Dashboard.