Consider generic drugs. Ask your doctor if less expensive generic drugs could be right for you. Generic drugs are a therapeutic “copy” of the brand-name drug, usually made by another firm. FDA rules state that a generic drug must have the same active ingredients, strength, dosage form, safety, quality, and performance as its brand-name equivalent.
Ask about brand-name alternatives. In some cases, there is no generic option. A less costly brand-name drug, however, might be available in the same class as the one you’re taking. For instance, several drugs that are part of the same class of drugs lower cholesterol. But the prices of those drugs can vary quite a bit.
Shop around. Different drugstores charge different prices for the same prescription drugs.
Look into discount programs. You might qualify for any number of discount drug programs.
For more information on how to save on prescription drug costs, click here. You can also download the handbook "Medicare and You."
In addition to online information, you can also receive free, personalized insurance counseling through your state health insurance counseling and assistance program, or SHIP. To find out your state’s health insurance telephone number, click here, or call 800-MEDICARE (800-633-4227). TTY users should call 877-486-2048. To speed up your service, have your Medicare number available when you call.
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