5 Tips from the AARP to Save Money on Prescript...
5 Tips from the AARP to Save Money on Prescription Drugs
Paying too much for prescription medications? The AARP, also known as the American Association of Retired Persons can help. Dedicated to helping seniors from all over the country, the AARP has helped numerous senior members acquire the help they need to save money on prescription medications. Their Prescription Discounts program, brought to you by OptumRx, works to provide discounted prices on generic brand drugs so that you can save even more on the medications you need. Intended for medications not covered by Medicare or other insurance, seniors can start saving now on high-priced prescriptions. But that is just one of the ways the AARP helps seniors save on their prescription drugs. If you want to learn how you can save even more, ask this about the 5 tips from the AARP to save money on prescription drugs.
Can my doctor help me find a lower-cost medication?
If you have been prescribed a medication from the highest tier, you may be able to get your doctor to prescribe something from a lower tier, provided it will actually work for you. By switching to the lower tier medication, you could save a lot more on your meds.
What are the best pharmacies to buy from?
If you currently have an employer, there may be a preferred pharmacy that your provider can provide discounts for. Use these preferred pharmacies to save even more. Another way is to select a pharmacy like Costco which offers the lowest prices on most prescription medications.
Should I buy generic?
Buying generic can help you save a ton of money on prescription drugs. Name brand drugs are often overpriced and don’t work any better. By switching to generic brand, you can save up to 80% on all your prescription medications and the only difference will be the name on the bottle.
How can I save more on generic medications?
In addition to switching to the generic brand, you can save even more money if you are a member of the AARP. With the AARP’s discount program from OptumRx, you can save an additional 61% on all generic brand medications. To qualify for the program, your medication must not be covered by Medicare and must be FDA-Approved.
Can I split my pills?
This can sometimes be a more economical option that will help you extend the use of your medication, so that you are paying a lot less. If you have a 20mg pill but you need to take 10mg per day, why not make that pill last two days? But before you consider this, please get approval from your doctor or pharmacist, to ensure that it is safe and effective.
Should I get my prescriptions by mail?
Some insurance plans will allow you to acquire name-brand prescriptions at a discounted price. From your insurance company, you can get a 90-day supply of your medication at two-thirds the cost. This can be a great way to save money if you need the name-brand medication.
How do I find out what my insurance covers?
To find out what your insurance covers, you can obtain a list from your insurer that will list all the medications they cover. These medications will be listed in tiers with the highest tier requiring the highest co-pay.
Where can I find assistance?
Another way to save on prescription medications is to get assistance from the pharmaceutical company. Many pharmaceutical companies offer assistance to those not covered for their drugs by Medicare. They can direct you to an assistance program like the Partnership for Prescription Assistance, which can give you a lot of help.