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How to save money on prescription drugs

Posted at 6:50 AM, Oct 01, 2019
and last updated 2019-10-01 07:50:58-04

The price of insulin has gone up 97% within four years. But insulin is not the only prescription that Americans are struggling to afford.

Eight percent of the U.S. population imported medications from Canada or other countries in the last few years.

"The cost is outrageous. The prices are all over the board," said Seth Johnson, a family physician.

So, how can you get the best deal on your meds? The Partnership for Prescription Assistance can connect you with more than 475 assistance programs. Go to pparx.org, enter your drug and personal information, and see your resource options. Also, talk to your doctor about switching to a generic brand.

Use websites to see which pharmacy has the best price such as pharmacychecker.com, blinkhealth.com or Good-RX.

"Maybe we find a different medication in the same class, we find out that no, it's not going to cost you $300 for your medication. We can get it over here with this coupon for $20," Johnson said.

Comparison shopping can save you big bucks, and some prescriptions are cheaper without insurance. Always ask your pharmacist how much the medication will cost if it is paid out of pocket and call other pharmacies to see if their cash price is even cheaper.