OTHER TIPS TO REDUCE THE COST OF YOUR PRESCRIPTION
If the price of the same medication in different strengths does not vary materially, have your doctor prescribe the higher dose and split the pill. This can reduce your cost of medication by 50%. You can buy a pill splitter at any pharmacy for about $2.
This is a great strategy to maximize the benefit from the discount generic lists that you can access at RxWidget. There is opportunity to save money when the price of a low dose pill is cheap but higher strengths of the same pill are significantly more expensive. Suppose the pharmacy is only offering the 200 mg pill on their $4 generic list. The 400 mg strength that you need could be $1 a pill or more. Having you doctor write the prescription in multiples of the 200 mg can add up to massive savings. It is not uncommon that this can reduce the cost of certain prescriptions by 75% or more. This is why RxWidget shows you every strength and quantity available for each medication.
EXTENDED RELEASE VS NON-EXTENDED RELEASE
Extended release versions of certain drugs offer great benefits. You can take one pill a day instead of several. These are often the go-to choice for patients that tend of forget to take their medication or have a difficult time taking pills. However, you will won’t always find the extended-release version of a medication on a $4 generic lists. If you would happily trade the convenience of the extended-release version for a significant price savings for the regular version, this is a good discussion to have with your doctor.
USE DIFFERENT PHARMACIES FOR DIFFERENT MEDICATIONS = ASK THE DOCTOR FOR SIGNED PAPER PRESCRIPTIONS
As doctors are required to keep all medical records electronically, there is a tendency for the doctor to want to transmit electronically all your prescriptions to one pharmacy. As you can see from using RxWidget, your wallet is better served using different pharmacies for different prescriptions. Therefore, you will need paper prescriptions signed by your doctor to afford you the flexibility of using multiple pharmacies to maximize your savings.
MAKE SURE YOU ASK THE PHARMACY FOR PRICING UNDER THE PLAN LISTED IN RXWIDGET
Each pharmacy has a name for their discount generic program. For instance, at Rite Aid it is known as the “Rx Savings Program”. At Walgreens it is called the “Prescription Savings Club”. If you don’t ask for it, you won’t necessarily get the low price. Here is what can go wrong. It is not uncommon for the doctor to include your insurance plan details on the prescription. The pricing under your insurance plan (based on the contractual arrangement between the pharmacy chain and the insurance carrier) might well be higher than the pricing offered under that pharmacy discount plan. It might seem strange that the same prescription, at the same pharmacy, has multiple prices but they do. Even if you have insurance, more and more plans are moving to higher deductibles and including the prescription drug benefit under the deductible rather than a low co-pay. Even if you have insurance RxWidget can save you money.