Americans spend a lot of money on prescription medications. How much is a lot? More than $1,200 a year per person. For medication spending, that puts the U.S. behind 40 other countries ranked by the Organisation for Economic Co-operation and Development, a multinational group based in Paris. The reasons run the gamut: less competition, raw-material shortages, a backlog of applications for generic drugs, and more. The result? A big hit to your wallet for the medications you need.
Health insurance companies typically cover some medication costs because they negotiate prices with drug makers. But what if you don’t have insurance? What if you have a chronic condition that calls for a specialized, expensive medication that’s not covered? Your medications may not be as affordable as they could be. That’s where discount prescription programs such as Optum Perks™ come in.
These programs can make your medications more affordable. Sometimes they get you a better price than even your insurance company can. And the best part? You don’t have to spend a cent to use them. Here’s what you need to know about prescription discount programs and coupons, and how Optum Perks can help relieve the burden of medication costs for you and your family.
How prescription discount programs work
Medication prices change throughout the year and keeping track of it all can be dizzying. A pharmacy discount program such as Optum Perks helps you save money on your medications by comparing prices at different pharmacies and negotiating discounts for you.
Optum Perks works with pharmaceutical companies to secure lower prices through bulk buying, with prices up to 80% off. That allows you to get your medications for the lowest prices possible, so you can live your healthiest life.
Optum Perks offers discounts on almost every FDA-approved medication, even for people without insurance. It has saved users more than $1.7 billion at more than 64,000 pharmacies nationwide. Its discount cards and coupons are accepted at Walmart, CVS, Walgreens, Rite Aid and more.
There is no membership, no fee, and no personal information needed to get started. Sound too good to be true? It’s true.
How to save money with Optum Perks
To use Optum Perks, just download the app or go to the website on your desktop to get started. Here’s how to use each method to get discounts on your medications.