How to save money on prescriptions

Use a preferred pharmacy

Many Part D plans have a network of "preferred" pharmacies that offer lower copays. Filling your prescriptions at a preferred pharmacy instead of an in-network but non-preferred pharmacy can save you money on every fill.

Ask about generic alternatives

Generic drugs contain the same active ingredients as their brand-name counterparts but typically cost significantly less. Ask your doctor if a generic version is available for any brand-name drug you take.

Use mail-order pharmacy

Many plans offer mail-order pharmacy services where you can get a 90-day supply of maintenance medications at a lower cost than three separate 30-day fills at a retail pharmacy.

Take advantage of the $35 insulin cap

If you use insulin, your Part D plan must cap your cost at $35 per month per covered insulin product — no deductible required.

Learn more about the insulin cap →

Enroll in the Medicare Prescription Payment Plan

The M3P lets you spread your out-of-pocket drug costs into monthly installments instead of paying everything at the pharmacy.

Learn about the Payment Plan →

Check if you qualify for Extra Help

If you have limited income and resources, the Extra Help program can pay for most or all of your Part D costs — premiums, deductibles, copays, and coinsurance.

Check eligibility for Extra Help →

Look into manufacturer assistance programs

Many drug manufacturers offer assistance programs, discount cards, or patient support programs that can reduce your out-of-pocket costs for specific medications. Ask your doctor or pharmacist about options for your drugs.

Review your plan every year

Drug costs and formularies change annually. What was the cheapest plan for your drugs last year may not be the cheapest this year. Take time during the Annual Election Period (October 15 – December 7) to compare your options.