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The Prescription Game
A great way to make a prescription into a money saver is to move your prescription from pharmacy to pharmacy following the incentives. Every drugstore lately is competing (fighting) for your business. If you have insurance that gives you lots of places you can fill prescriptions then take advantage of the deals and rack up the savings!
Here is how we play:
We have 1 prescription that gets filled every month, I pay a $10 copay no matter where I fill it and our insurance is with a huge company so just about everyone in our city accepts it. Each month I move my prescription to the store that is currently offering a gift card for a transferred or new prescription. Most stores you can transfer back a month later and get another gift card.
To give you an idea of the savings here is where our prescription has gone in the last 5 months and what we have gotten (we have been doing this for years):
June: Target $10 GC
July: Rite Aid $30 GC
August: CVS $25 GC
Sept: Walgreens $25 GC
October: Publix $25 GC
Total we have paid $50 for our 5 copays and made $115 in gift cards!!
It is time to fill it again and yesterday in the mail I got a $25 check from Walgreens begging me to transfer my prescription back to them. Okay!!
Want to get started? Search for current gift card promotions at pharmacies such as Walgreens or CVS, there is usually at least one giving an incentive for you to switch your prescription to their pharmacy.
How do you transfer a prescription? Take your prescription package/bottle and your insurance card to the new pharmacy, they will do all the work for you.
Tip: CVS will honor most stores gift card offers just to keep your prescription so you can always find one and take it in when you get your refills.