Can You Use a Discount Coupon for Prescriptions if You Have Insurance?

Medications become a big deal if we consider the price. Even if you have insurance, you can enjoy some other safe options to save money on prescriptions.

You can consider it an option to benefit from using a prescription drug discount card if you don't have insurance to cover a specific medication or is a high deductible plan.

Working of prescription costs

The very first thing to remember is that you must know what you’re paying for prescription medications. If you understand the cost of the prescription you want to purchase, it is sure that you’ll not experience any kind of sticker shock at the pharmacy counter.

Most of the time you can look up the drugs that your prescription drug plan covers. You can also see what your coinsurance or co-payment will be. Most of the plans provide online resources that can help you to identify if the drugs are on the formulary plan or not.

Insurance and prescription discount cards

Even if you do not have insurance, sometimes it is better to ask for the retail price. In few cases, your prescription may not come under the formulary list, or you may even exceed the maximum limit of your plan.

Rx Prescription discount card can help to bring the retail prices down even more. You can download these prescription cards very quickly and use them at any nearby pharmacy.

But remember that a Free Rx card is not an insurance one and cannot use with insurance. So when you use an Rx discount card to pay for medication, the payment does not apply towards your deductible unless your plan allows it. You cannot combine insurance benefits, copay cards, or any other secondary payer. However, even if you have insurance, look if you can pay maximum out of pocket with a discount card.

Need to use insurance for prescriptions?

It is one of the common misconceptions that you need to use your insurance every time you fill a prescription, but it is not correct. You can choose whether to use your insurance or pay using an Rx discount coupon. In some cases, you can even get better prices with the use of an Rx discount card.

Winding-up

Prescription discount cards are useful if you want to save on prescription medications with or without an insurance plan. There is also no straightforward answer on whether using an Rx discount coupon or using insurance is better as it varies on a case-to-case basis. However, you can compare the prices and look for the best prescription Rx discount card.