How to Save Money on Medicine

Most of us have some sort of medication expense that we deal with every month. Whether someone in our family has an ongoing medical issue that requires a prescription, whether someone has allergies, or maybe it’s just a tummy bug, a cold, or someone hurt themselves. The fact is, we all need medicine of some kind at some point. Knowing how to save money on medicine is important though because medicine is pricey!

Unfortunately, medication is one of those things that can make or break people when they are already living paycheck to paycheck. In order to try and prevent this, it’s important to note that there are things that you can do to save money on medicine of all kinds. 

How to Save Money on Medicine

For Prescriptions:

Ask for generic – Most pharmacies will automatically give you the generic version of your medication, but it’s good to ask just to be sure. The price difference between the generic and the name brand is significant. 

Search for coupons – Many medications offer coupons for their medication. A simple Google search will often bring them up. 

Sign up for a prescription discount program – If you don’t have prescription insurance, look into signing up for a Prescription Discount Program instead. Some people save a significant amount of money this way. 

For Over the Counter Medicine

If you are buying medicine that is over the counter, there are still a couple of different ways that you can save money here. 

Look for coupons – Coupons are a great resource for saving money on most things, medicine included. Here are some of the ways that you can find coupons:

• Sunday Paper -(yes, there are still coupons in the Sunday paper)
• Check your store’s loyalty program – Most stores these days have a loyalty program that offers the ability to clip coupons online. 
• Reach out to the brand – Reach out to the brand and request coupons for their product. The best way to do this is through their social media channels. 

Browse the clearance rack – The clearance rack is a wonderful place to find discounts on all sorts of things. Make sure to cruise passed this rack during your shopping trip so you don’t miss any great deals. 

Stock up – If there is a good sale or clearance deal on medicine, be sure and stock up! You can never be too prepared.