How to save money on prescription medication

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OKLAHOMA CITY - If you have to buy prescription medication, you've probably felt the pinch of those prices.

However, the Oklahoma Society of Certified Public Accountants have some good ideas for cutting costs.

  1. Check the out-of-pocket price - Many pharmacies offer generic medication at very low prices to customers who are paying out-of-pocket. In either case, it never hurts to ask.
  2. Shop around - Check other pharmacies to make sure you are getting the best price.
  3. Assistance programs - Many drug companies have discount programs. Organizations such as NeedyMeds and the Partnership for Prescription Assistance provide extensive information on discounts. In addition, free cost-cutting cards that can help you afford drugs your insurance doesn’t cover or that have high deductibles include the FamilyWize Prescription Savings Card from the National Council on Aging, which anyone can use to seek cost-saving options, and NeedyMeds’ Drug Discount Card. Both can be found online and are printable or downloadable.
  4. Think ahead - You may be able to save money if you get a 90-day prescription instead of one for 30 days.
  5. Prices for generics can rise - Ask for prices on all of your options since not all generics provide you with a bargain.

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