January 29, 2010, Newsletter Issue #43: Discount cards

Tip of the Week

Many companies advertise prescription discount cards on television. These are not insurance companies, but offer a contracted price (often lower than retail) on medications for a small annual fee. The fees on the cards are usually minimal, so it pays to have one if you are not insured for prescriptions. They typically offer up to 15% off of the retail prices, which can add up if you are on a lot of medications.

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