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Health care costs can be one of the largest expenses for retirees, causing many to file bankruptcy.

Here are some ways to save on prescription drugs:

Go with a Generic Version. Ask your doctor if there a generic version available. You can save as much as 30% by using the generic version. If there is not a generic version available, ask your doctor if there is an alternative available that is less expensive.

Buy your Drugs in Bulk: Buying in bulk can save up to 50%. Be sure to check expiration dates so your drugs do not expire before you use them.

Take Out a Medicare Part D Supplement Insurance Plan: The government offers a program to retirees to subsidize the cost of prescription drugs.

Shop Around for Your Prescriptions: Prices can vary a lot from one pharmacy to another. You can research online with price comparison tools or call a variety of pharmacies and ask how much they charge.

Ask Your Doctor About Splitting Your Pills: Your doctor can prescribe a higher dose that can be cut in half. This can save a lot of money. 

Seek Assistance: Prescription Assistance Programs, (PAPs), to help struggling retirees. The programs are typically sponsored by drug companies or state governments.

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21021Ventura Blvd., 215                        9655 Granite Ridge Road, 200 
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