How to save money on prescriptions

Prices for medication can be very different across pharmacies, so spend a little time up front to do some research. This may not just help ease access and lower costs for your loved one with dementia, cut could help you save money for your whole family.

DID YOU KNOW?

Insurance doesn’t always get you the best price. Because of deductibles, copays, and the type of relationship your insurer has with pharmacies, you might get a better deal by buying your meds directly from an online pharmacy without using your insurance. Compare prices with and without insurance. But be careful when skipping insurance. The amount you pay may not be counted toward your insurance deductible or maximum out-of-pocket, unless you can submit these expenses manually to prove you paid them. Contact your insurance company's customer service department to see how to submit your receipts. Do the same when you use coupons or discount programs instead of insurance.

One of the main decisions you'll need to make is if you want to pick up your medications in person or if you prefer them to be mailed to you.

Check out these websites to see what the differences in cost are - you may be surprised by how much money you can save every month by using one of these tools:

  • Cost Plus - US online pharmacy with low prices

  • Amazon Pharmacy - Online pharmacy by Amazon with low prices

  • Good Rx - Compare Local Rx prices from your local pharmacies

  • Costco - Costco Member Prescription Program (requires active Costco membership)

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