7 Ways to Save Money on Your Meds | MOBE

7 Ways to Save Money on Your Meds

It seems like prices have gone up everywhere, and we’re all looking for ways to lower our spending. Many people are cutting back on things like eating out or travel. But when it comes to your medications, skipping doses or going without your meds can be harmful to your health. Fortunately, there are ways to bring prices down on the medications you need. Check out seven tips to save money on your meds.

Know your coverage.

Each insurance plan has a list of the medications it covers. This list is called a “formulary.” Check it at least once a year, or whenever you have a new medication, to see if your meds are covered. If not, ask your health care provider to send a “prior authorization.” This explains why you need the medication and asks your insurance company to cover it. They will then decide whether to provide coverage.

Consider generics.

Generic versions can be 80–85% cheaper than brand-name medications.1 Plus, generics have the same strength, quality, safety, and manufacturing standards as brand-name meds. The color, shape, or size of the medications could be different, but these differences should not impact how the meds work in your body.

Ask your provider about alternatives.

There may be other medications that can treat your condition. Talk with your health care provider, pharmacist, or insurance company about less expensive options that work in the same or a similar way.

Shop by mail-order or online.

Check to see if your insurance plan offers prescriptions at a lower cost from mail-order pharmacies. For online pharmacies, shop carefully—some don’t take insurance.

Try a 90-day supply.

If you're taking a long-term medication, most insurance plans will cover a 90-day supply at a lower cost. Ask your pharmacist to fill your prescription for 90 days instead of the usual one-month supply.

Look for coupons and discount cards.

Check medication manufacturer websites for coupons or offers. Another option is a prescription savings card from companies like GoodRx, ScriptSave WellRx, RxSaver, and SingleCare. Some insurers don’t allow savings cards, so check your coverage first.

Try a Patient Assistance Program (PAP).

Check your medication manufacturer’s website to see if you qualify for assistance programs. These usually have strict income limits, so they don’t work for everyone. You can also try an assistance company like NeedyMeds, RxHope, or RxAssist.

If medication costs are a concern, it’s important to get support. Along with the tips above, ask your health care providers if they have resources like social workers or pharmacists who can help you find other solutions. Or talk to a licensed MOBE Pharmacist. They can help you lower your costs, minimize risks, and make the most of your medications—including prescriptions, over-the-counter medications, herbals, and supplements. Get started today.


1. "Generic Drugs: Questions & Answers," U.S. Food & Drug Administration, March 16, 2021, accessed November 28, 2022, https://www.fda.gov/drugs/frequently-asked-questions-popular-topics/generic-drugs-questions-answers#q4.