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7 Ways to Cut the High Cost of Prescription Drugs

These days the skyrocketing cost of some prescription drugs is enough to give you a heart attack. If medication drug costs have got you down, cheer up! Then check out these seven ways you can save money on prescription medications—plus where to get some medicines (antibiotics!) for free.

Money in medical field

GoodRX

What a fantastic resource. GoodRX is a website with no sign-up or credit card required. Just type in the drug name on your computer or download the mobile app for IOS and Android—to compare prices at different pharmacies in the area AND get coupons to cut the cost even further. It sounds like a hoax I know, but it’s not. This is one of the best reliable resources on the Internet. Drug prices vary wildly between pharmacies and GoodRX finds you the lowest prices plus discounts on top of the published price.

Click on “Get Free Coupon,” print it, then hand it to your pharmacist.

Examples

Here’s an example in the Los Angeles area, as I update this information, for 90 capsules of 300mg Gabapentin (generic neurontin) with the average price of $69.03: Ralphs: $9.98; Costco $13.36; Target $15.50; Rite Aid $11.66; Walgreens $14.65. Within just a few miles the price for that particular medication is all over the place. GoodRx.com makes sure you find the lowest price available.

Lipitor (generic atorastatin) 30 tablets of 40mg . The lowest GoodRx price for the most common version of generic Lipitor is around $11.06, 87% off the average retail price of $87.16.

Tamiflu (oseltamivir) 10 capsules of 75mg (one dose pack). The lowest GoodRx price for the most common version of generic Tamiflu is around $17.53, 85% off the average retail price of $123.34.

A note about Medicare

Medicare is supposed to make your prescription drugs affordable. But, as many seniors know, some drugs are still expensive, and some aren’t covered at all. And, of course, there’s the infamous “donut hole.”

GoodRx makes it easy to compare your Medicare co-pays against GoodRx coupon prices to see which can save you more. Keep in mind that you cannot use GoodRx and Medicare at the same time. However, you can use GoodRx instead of government-funded programs, such as Medicare or Medicaid, to pay for your prescription medications.

NeedyMeds

Another site you might want to check if you can’t afford your medications: NeedyMeds.org. The site lists programs that help people reduce their healthcare costs, including patient assistance programs and co-pay cards offered by drug companies. Coupons and rebates, too. NeedyMeds also offers a free drug discount card.

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