Written and medically reviewed by Dorcas Morak, Pharm.D
Prescription medications can be a significant expense, even with insurance. Just over half of adults report being worried about affording their family's prescription drug costs, and many resort to skipping doses or not filling their medications due to high costs. While you may not be able to “haggle” at the pharmacy counter, there are effective ways to lower your out-of-pocket costs. Here’s how to navigate your options and negotiate better prices with help from your pharmacist.
What is Prescription Price Negotiation?
In the pharmacy world, negotiation often means more than just asking for a lower price. It’s about knowing what to ask, comparing pricing tools, and exploring alternatives. Your pharmacist can be a key ally—helping you find generics, use discounts, and tap into savings programs. These strategies can make a big difference in what you pay.
Tip: Don’t hesitate to ask your pharmacist directly if there are lower-cost options or if they accept discount programs like the RxLess™ Assurance Plan. They may be able to guide you to resources or suggest alternatives that suit your budget.
Can I Use Coupons to Save on Prescriptions?
Absolutely! One of the easiest ways to save is with digital or printed coupons. The free RxLess™ app is a convenient option that offers coupons accepted at major pharmacies like CVS, Rite Aid, and Walgreens—whether you have insurance or not. The RxLess™ Assurance Plan provides free access to discounts that can save you up to 88% on many prescriptions.
Note: Prescription discount cards generally cannot be used with insurance. You’ll typically use your insurance or the discount—whichever gives the better price.
What if I Switch to a Generic Version?
Switching to generics is one of the most cost-effective ways to reduce medication expenses. Generics are FDA-approved, just as effective as brand-name drugs, and significantly cheaper.
For example, the average retail price for Zoloft is over $500 per month. But the generic, sertraline, can cost as little as $6.82 with the free RxLess™ app. Always consult your healthcare provider before switching to a generic to ensure it's appropriate for your condition.
How Can Manufacturer Copay Cards Help?
Pharmaceutical companies often offer copay savings cards for brand-name medications. These can reduce your out-of-pocket costs at the pharmacy—but they typically require commercial insurance and are usually not available to patients with Medicare or Medicaid.
Are There Assistance Programs for Those Who Can’t Afford Their Medications?
Yes! Patient assistance programs (PAPs) are available for those who are uninsured or underinsured. These programs are often run by drug manufacturers and provide free or discounted medications to qualifying individuals.
Eligibility is usually based on income and insurance status. Ask your pharmacist or visit the manufacturer’s website to learn if you qualify.
Is It Worth Comparing Pharmacy Prices?
Definitely. Prices can vary widely between pharmacies—even within the same neighborhood. Comparing prices is one of the easiest ways to save.
The RxLess™ Real-Time Price Finder makes this process simple by allowing you to check and compare pharmacy prices online or via the app. This helps you avoid calling or visiting multiple locations just to find the best deal.
Can I Use My Health Savings Account (HSA) or Flexible Spending Account (FSA)?
Yes. If you have an HSA or FSA, you can use those funds to pay for qualified medical expenses, including prescriptions. Keep in mind:
Are There Other Ways to Save on Regular Medications?
Yes—buying a 90-day supply instead of a 30-day supply can reduce your cost per dose for maintenance medications. While the upfront cost is higher, it usually results in long-term savings.
Note: Some pharmacies may charge an additional fee for filling a 90-day supply, so it’s a good idea to check ahead of time to ensure you’re actually saving money.
Final Takeaway
The key to negotiating your prescription price is understanding your options. From using discount programs and switching to generics to comparing prices and asking your pharmacist for help, there are several effective ways to reduce medication costs. A few simple steps can lead to significant savings—so don’t be afraid to speak up and explore your choices.
