The cost of prescription drugs has gone up like everything else. Over the last 10 years, the average price of prescription drugs has increased by 40%. If you rely on prescriptions to maintain your health, these medications can take up a significant chunk of your monthly budget. Luckily, there are some programs out there that can help you save hundreds of dollars a year. From discount cars to online options, there are several ways to cut the cost of your prescription drugs in 2025. Here they are.
1. GoodRx: Compare Prices and Find Discounts
I personally love GoodRx and I’ve used it several times. Before I had reliable insurance, I would use it any time I had to go to the pharmacy. Now, it helps me save money on everyday prescriptions. It’s free to use and helps you compare prices at local pharmacies, often uncovering significant discounts. The platform also offers coupons that can be presented at the pharmacy to reduce costs further. GoodRx’s expanded features include a subscription plan, GoodRx Gold, which provides even deeper savings. Many users report saving up to 80% on common medications using this program.
2. SingleCare: Instant Savings at the Pharmacy Counter
SingleCare is another highly recommended program that helps individuals save on prescription drugs. Similar to GoodRx, it provides free discount cards and coupons that can be used at pharmacies nationwide. SingleCare’s user-friendly app lets you search for medications, compare prices, and download savings cards directly to your phone. The platform has partnered with more pharmacies, increasing its reach and savings potential. Whether you’re insured or uninsured, you can use SingleCare to lower costs without membership fees.
3. Pharmaceutical Assistance Programs (PAPs)
Pharmaceutical Assistance Programs, often sponsored by drug manufacturers, offer significant discounts or even free medications for those who qualify. These programs are typically income-based, so they’re an excellent option for low- and moderate-income individuals. Many PAPs have streamlined their applications, making it easier to access support. Some major companies like Pfizer, AstraZeneca, and Eli Lilly provide robust assistance programs for high-cost drugs. These programs are especially beneficial for expensive medications, such as insulin or cancer treatments.
4. Medicare Part D and Extra Help
For seniors and those with disabilities, Medicare Part D is a vital program for prescription drug coverage. Medicare’s “Extra Help” program continues to assist low-income individuals with premiums, deductibles, and co-pays for medications. The program is designed to ensure that beneficiaries don’t face financial hardship when accessing necessary treatments. By applying for Extra Help, eligible individuals can save thousands annually on prescription drugs. Additionally, Medicare’s negotiated drug prices are often much lower than retail prices.
5. Nonprofit Organizations Offering Prescription Assistance
Nonprofit organizations are stepping up to provide resources for those struggling with prescription costs. Groups like NeedyMeds and the Patient Access Network (PAN) Foundation offer financial aid, coupons, and information about local programs. These organizations are often funded by donations and grants, allowing them to serve a wide audience without charging fees. NeedyMeds, for example, maintains a comprehensive database of savings programs and free clinics across the U.S. The PAN Foundation focuses on helping individuals with chronic illnesses afford their medications.
6. Mail-order and Online Pharmacies
Online pharmacies and mail-order services are becoming increasingly popular for their cost-saving benefits. Companies like Amazon Pharmacy and RxSaver offer discounted prices and home delivery for added convenience. Many health insurance plans now partner with mail-order pharmacies to provide lower rates for bulk prescriptions. Ordering a 90-day supply of medications online can often result in significant savings compared to monthly purchases at a local pharmacy. Be sure to verify the legitimacy of any online pharmacy by looking for accreditation from organizations like the National Association of Boards of Pharmacy (NABP).
Take Control of Your Prescription Costs
As someone who has to rely on blood pressure medication to maintain my health, I know how expensive prescription drugs can be. Programs like GoodRx have helped me save a ton of money over the last few years. If you are struggling with the rising cost of your medication, consider looking into some of the options above. Anything that helps you minimize your financial stress is a win!
Are there any other programs you’d add to the list?
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