Main menu

Pages

The 6 Best Prescription Discount Cards

Save on your medications

When it comes to the rising price of prescription drugs, people are always looking for ways to save. Generic medications tend to be less expensive but your circumstances may require a brand-name drug. People who do not have insurance are at an obvious disadvantage. Even if you have insurance, you may not be able to afford your deductible or copays. This is when you might want to consider using a prescription drug discount card.


The most recent data from the National Health and Nutrition Examination Survey found that as much as 46% of the population uses at least one prescription drug every month.

This may include medications used to treat chronic conditions or a one-time prescription for a short-term illness (i.e., an antibiotic for a bacterial infection).


With so many people in need of prescription drugs, it is disturbing to see the cost of medications rising faster than inflation. A study from researchers for the journal JAMA found list prices increased by 159% and net prices increased by 60% between 2007 and 2018.

Affordability has become such an issue that many people are not taking their medications as prescribed. According to the 2019 KFF Health Tracking Poll, approximately one in four adults finds it difficult to pay for their medication. Looking more closely, 19% do not fill their medication, 18% take an over-the-counter drug instead, and 12% cut their pills in half or skip doses.There has to be a better way to save money.

BEST OVERALL 

GoodRX

GoodRx is a free program that offers multiple ways to save on your prescription drugs. Anyone is eligible to participate, so long as they are 18 years old and reside in the United States or its territories. Children can also be added to their parent or guardian's accounts.


The program covers "almost all FDA-approved drugs," both brand-name and generic, and can even help decrease the cost for certain pet medications. GoodRx also offers specific guidance for Medicare D beneficiaries to help them make decisions on how to save money on their prescriptions.

The company's website and mobile app allow you to search by drug name for the lowest prices in your local area. You can print or present a coupon from the mobile app to get the lowest rate at your designated pharmacy, or use their discount card at any of their 70,000+ participating pharmacies.


Keep in mind coupons may provide larger discounts than cards at times. Medications may be discounted as much as 80% from the retail price.


To access the steepest discounts, the company also offers a premium service called GoodRx Gold that costs around $6 per month for an individual and about $10 per month for a family up to six people. With GoodRx Gold you get a 30-day free trial to see if membership works for you, exclusive savings of up to 90% on prescriptions, and free delivery. Members also receive discounts on services offered in-app, like telehealth appointments, and co-pays are as low as $10 per visit. The company touts the service as an even more effective way to save on prescriptions, especially if you have multiple family members with generic prescriptions since these prices fluctuate less than they would without membership.

GoodRx is accredited by the Better Business Bureau and has an A+ rating. GoodRx only lists pharmacies verified by the National Association of Boards of Pharmacy.

Comments