Fact Checked

As Drug Prices Rise, Pharmacy Discount Cards Become More Critical

The price of prescription drugs went up by 10 percent in 2015, marking the third year in the row of double-digit increases. This increase wasn’t all thanks to the big headliners like the hepatitis C drug, either: prices went up across the board, even among generics.

On the bright side, however, the exact price of medication can be very fluid, so depending on which pharmacy you visit you could wind up saving a bundle. On the other hand, this also means that if you pick the wrong pharmacy, you may end up spending a lot more money than you need to. As such, you should keep the following tips in mind the next time you fill your prescription:

Shop Around

Pharmacies often offer their own discounts on the listed price of a drug, a discount that goes above and beyond any such discount you may get from other sources. Your starting price could vary wildly depending on if you shop at a major chain, a department store or warehouse store pharmacy, a local drug store, or a reputable online realtor.

Explain Who’s Paying

If you tell your pharmacist that you’re currently paying out of pocket, perhaps because you’re out of your copay period or because you haven’t reached your high deductible, you may be surprised at how much of a discount you’ll get just from being honest. Pharmacists don’t set the list prices, after all, and they’d much rather see an insurance company foot the bill than the patient who actually needs the medication.

Get A Pharmacy Discount Card

Pharmacy discount cards aren’t a form of insurance, and they don’t add to your copay discount, but depending on your health plan and the specific drug they may offer you a better deal. Best of all, you don’t have to choose until you know which option is best: the pharmacist can present you with all three options – the base price, your insurance discount, and your card’s discount – and you can pick the lowest.

For instance, with the USA Rx pharmacy discount card, you can expect to see discounts of up to 75 percent on all brand names and generics. Our card is accepted in over 60,000 pharmacies nationwide, both expensive and cheap, and signing up is both free and easy. If you’d like to learn more, you can email us at [email protected] or call our toll-free number at 888-277-3911.