With the U.S. spending spending over $340 Billion dollars each year on prescription medications, people are becoming more resourceful in an attempt to lower their medical bills from paying for prescriptions. We understand the value of price transparency with medical procedures, but we also know that patients need to be able to search and compare drug costs to find the most affordable options near them. That’s why we’ve unveiled our NEW, FREE Prescription Price Transparency Tool and Pharmacy Savings Card Program.
When patients sign up for this free membership they receive a pre-activated and ready to use pharmacy savings card. The card helps patients save an average of $150 annually per card user, regardless of medical history. The card entitles the cardholder, and every member of their family, to discounts on every FDA-approved prescription medication sold at over 35,000 pharmacies, including Walmart, Target, Rite Aid, Walgreens, CVS, Kroger, Harris Teeter, Duane Reade, Longs Drugs and Fry’s. Members simply bring the card to the pharmacy and ask the pharmacist to process the prescription using the BIN and PCN number found on the card.
Non-members can also use the SaveOnMedical.com Prescription Price Search Tool which is now available on the website. This tool makes it easy for patients to find out how much prescriptions cost and where they can get it filled nearby.
To look up a prescription price or to locate a pharmacy, go to www.saveonmedical.com and click the “Pharmacy” tab. Type in your prescription and zip code, then click “Search.” SaveOnMedical will provide you with a list of pharmacies near you that carry the medication, along with the discounted price you’d pay with the help of your Pharmacy Savings Card. You can enroll to receive your card on SaveOnMedical.com.
What makes this Pharmacy Savings Program different?
The SaveOnMedical.com Prescription Price Search Tool is completely free to use. Creating an account to receive the Pharmacy Savings Card is also free. What makes this program unique is that SaveOnMedical’s partner, SingleCare, works directly with the pharmacies as opposed to Pharmacy Benefit Managers (PBMs). This means that the price you see is the price you’ll pay. It’s not just an estimate or proposed rate.
Even if you have insurance, this free card can save you money if:
- Your medication is not covered by your plan
- You have a high annual deductible
- You have a high co-pay which exceeds the cost of the prescription
We believe consumers should be able to compare costs for prescriptions and get the medication they need without worrying about networks, coverage limitations, or deductibles. Sign up to receive your Pharmacy Savings Card and start searching for your prescriptions on SaveOnMedical.com today to see how much money you can save.
Check out this infographic from Health Perch and Ghergrich&Co to learn more about how much money Americans are spending on prescription drugs each year. If nothing else, it will be good fodder for happy hour conversations. We’re always down to help you sound a little smarter in the company of friends!
Here’s another fun fact: The U.S. spends nearly $1,000 per person per year on prescriptions, which is about 40% more than Canada and more than double the amount countries including France and Germany spend.