
Each month, we have several regular prescriptions that I need to fill. Although we do have insurance, I still use prescription coupons to save money. Depending on the amount of your co-pay, these coupons can even make your transaction a money maker.
What are Prescription Coupons?
Each week I check the advertising inserts for my favorite drugstores for coupons. If I find one, I cut it out and file it away. Even if I don’t need a prescription filled that week, the coupons are generally valid for several weeks.
There are 2 types of coupons:
Coupons for NEW prescriptions – these are the best for those random prescriptions that you might need when you or a family member is sick. Usually they are for a lesser value than a transfer prescription (usually about $10)
Coupons for transferred prescriptions – I use these coupons to transfer our prescriptions from pharmacy to pharmacy each month. Often, they are for higher amounts (like $25).
How Does it Work?
When I need to fill a prescription, I check my coupons and determine where I’m going to fill the prescription.
For example, say Rite Aid has a $25 prescription transfer coupon (and I didn’t get it filled there last month). I will take the current prescription bottle with my coupon and visit the pharmacy. Make sure you allow some extra time, since they will need to call the prior pharmacy to transfer the prescription.
When I pick up the prescription, I pay my copay with my Flexible Spending Account. In this case, it’s about $7. Then, the pharmacist hands me a Rite Aid gift card for $25 that I can use in the store at any time. I just made $18 from transferring my prescription.
Other Details:
Competitor Coupons – many pharmacies will accept competitor coupons. For example, Meijer will accept competitor coupons up to $10 and some CVS locations will accept coupons also. It’s best if you call your local pharmacy to make sure before you visit.
FREE prescriptions – there are also several pharmacies that offer FREE prescriptions for various types of medicine. For example, Meijer offers free select antibiotics and prenatal vitamins. Keep your eye out for programs in your local stores.
Each week, I compile a list of the current prescriptions coupons in the advertising inserts as well as any valid printable coupons, so check there if you’re in need of a coupon.
Corrie is a SAHM to 2 energetic boys and the owner of “Cents”able Momma. She loves to help her readers save money on everything from prescriptions to groceries, as well as offering frugal living tips, great deals, and methods to earn some extra money.
This is one of the many ways you can add cash to your fund. Be sure to see all the ways to earn extra cash. Go here to read to the Getting Started “Couponing to Disney” page.