Source: news.consumerreports.org - Sunday, July 26, 2015
Major chain pharmacies and big-box stores offer discount programs for some generic drugs. Whether they’re worth your while depends on your insurance and which medications you take. In some cases, drugs in those programs might cost less than your insurance co-payment . But keep in mind that some programs have annual fees, and discounts are usually limited to certain generic drugs and doses that vary by chain. Prices can also vary from state to state. In addition, drugs covered by your insurance—including Medicare and other government-supported programs—might not qualify for discounts. But Target and Walmart offer discounts to consumers regardless of their insurance coverage. And any out-of-pocket payments you make using the discount programs won’t count toward your insurance deductibles . A few smart tips: Double-check prices. Confirm that your drug and dose are on the pharmacy’s discount list. Every chain drugstore and big-box store in the U.S. offers hundreds of generic drugs deeply discounted, so it's worth asking if yours is one of them. And, especially if you're paying out-of-pocket, ask the pharmacist if you’re getting the store’s lowest price. Our Best Buy Drugs secret shoppers have found that you might get a lower price if you do. Don’t overlook Costco. Our secret shoppers found a few widely prescribed generic drugs there for less than most co-pays—and you don’t need to be a member to use the pharmacy. Check out the locals
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