5 Ways Seniors Citizens Can Save on Prescription Drugs

The cost of some prescription medications in the U.S. can be absolutely insane. Plus, it seems they’re always on the rise, too. Medicare may provide some relief, but often it’s just not enough, especially if your income is fixed. Plus, if you have multiple prescriptions, or you require specialty drugs, it’s even worse.

Luckily, there are a few ways you can save on prescription drugs. Check out these tips before your next refill to see if perhaps you can cut some of those costs.


1. Ask your doctor for a sample.

Before starting a new medication, see if your doctor can provide a free 10-day supply. It won’t save you a fortune, but it will cut some immediate costs. Plus, it will give you a chance to test the medication before you commit to it.

2. Comparison shop.

All pharmacies do not price their drugs equally. In fact, the cost of medications can vary quite a bit from one pharmacy to the next. We suggest either calling around or checking online at a site like GoodRx or LowestMed.

3. Always choose the generic version.

Name brand drugs are often far more expensive than their exactly-the-same, generic equivalents. If there’s a generic version available, it could save you up to 85% of the cost. Always discuss generic alternatives with your doctor or pharmacist before purchasing expensive brand name medications.

4. Get a discount card.

If you have a high deductible, your medication isn’t covered by insurance, or you’re paying out of pocket, don’t fret. Many medications that don’t have generic alternatives will offer discount plans. Ask your doctor and/or check the medication’s website to find out more.

5. Join a prescription discount program.

There are several prescription discount plans for seniors for which you may be eligible. For example, if you’re an AARP member, you can use their program to save on both generic and specialty drugs. On average, members save about 61% on medications not covered by insurance or Medicare Part D.