Prescription savings tips

Ask about generics

The FDA estimates generic drugs typically cost 80% to 85% less than brand-name versions. Ask your doctor whether a generic works for you and to allow substitution on the prescription.

Source: FTC

Ask the cash price

Illinois law requires pharmacists to tell you about a lower-cost generic and whether your copay is more than the pharmacy’s retail price. Ask both questions every time a price seems high.

Source: 225 ILCS 85/42

Know the Medicare caps

For 2026, Medicare drug plans cap out-of-pocket costs for covered drugs at $2,100 for the year. Covered insulin costs no more than $35 for a month’s supply.

Source: Medicare.gov

Ask about a 90-day supply or mail order

For medicines you take long-term, ask your plan and pharmacy whether a longer supply or mail order costs you less.

Watch out for scams

The FTC warns that offers of “free” medicine for a fee are likely scams. Real help often comes from drugmakers’ own patient assistance programs. Ask your doctor or check the manufacturer’s website.

Source: FTC