Prescription Cost Calculator
Estimate medication costs and find potential savings.
Understanding Prescription Costs
Prescription drug costs can vary significantly based on various factors including insurance coverage, pharmacy choice, and available alternatives. Understanding these factors can help you make informed decisions about your medications.
Cost Factors
Insurance Coverage
- • Formulary tiers
- • Copayments
- • Deductibles
- • Coverage limits
Medication Type
- • Brand vs. generic
- • Formulation
- • Dosage strength
- • Quantity
Saving Strategies
- Compare pharmacy prices
- Use prescription discount cards
- Ask about generic options
- Consider mail-order pharmacy
Types of Coverage
Private Insurance
- • Employer plans
- • Individual plans
- • Family coverage
- • Marketplace plans
Government Programs
- • Medicare Part D
- • Medicaid
- • Veterans benefits
- • State programs
Discount Programs
- • Pharmacy cards
- • Manufacturer coupons
- • Patient assistance
- • Nonprofit programs
Questions to Ask
- Is there a generic alternative?
- What is my copay amount?
- Are there assistance programs?
- Can I get a 90-day supply?
Common Terms
- •Formulary: List of covered drugs
- •Tier: Drug cost category
- •Prior Authorization: Required approval
- •Step Therapy: Try lower-cost options first