The fastest way to stop overpaying at the pharmacy: one question to ask every time you pick up a prescription

Transcript

Here’s a 30-second habit that could save you real money at the pharmacy, without changing your doctor or insurance. The next time you’re at the counter to pick up a prescription, just ask this one simple question: 'What is the cash price?' You might be surprised to learn that paying cash can sometimes be cheaper than your insurance copay. In fact, one study found that customers would be better off paying cash 23 percent of the time. It’s your right to choose how you want to pay. For your follow-up step, right after you leave the pharmacy, take a minute to look up your medication on a price comparison website. Tools like these let you easily see what that same medicine costs at other pharmacies near you, helping you find the best price for next time.