Find Information About:

Drugs & Supplements

Get information and reviews on prescription drugs, over-the-counter medications, vitamins, and supplements. Search by name or medical condition.

Pill Identifier

Pill Identifier

Having trouble identifying your pills?

Enter the shape, color, or imprint of your prescription or OTC drug. Our pill identification tool will display pictures that you can compare to your pill.

Get Started

My Medicine

Save your medicine, check interactions, sign up for FDA alerts, create family profiles and more.

Get Started

WebMD Health Experts and Community

Talk to health experts and other people like you in WebMD's Communities. It's a safe forum where you can create or participate in support groups and discussions about health topics that interest you.

  • Second Opinion

    Second Opinion

    Read expert perspectives on popular health topics.

  • Community


    Connect with people like you, and get expert guidance on living a healthy life.

Got a health question? Get answers provided by leading organizations, doctors, and experts.

Get Answers

Sign up to receive WebMD's award-winning content delivered to your inbox.

Sign Up

50+: Live Better, Longer

Font Size

Dos and Don'ts for Saving Money on Rx Drugs

By Joanne Barker
WebMD Feature
Reviewed by Louise Chang, MD

If you think you’re spending a lot of money on prescription drugs, you’re probably right. In 2008, American patients and insurance companies spent more than $234 billion on prescriptions, up from $40 million in 1990. In 2020, annual spending on prescription drugs is expected to top $512 billion.

With all signs pointing to more spending increases, this article covers the dos and don’ts of how to save on prescription drugs.

5 Good Ways to Save Money on Medicine

1. Do Ask About Generic Options

“In most cases, generic drugs can save a great deal of money,” says Corey Sawaya, RPh, a pharmacist in Stow, Ohio. Almost 80% of FDA-approved drugs have generic alternatives that cost an average of four times less than the brand-name versions.

If you take a medication that is going off patent, however, you may need to wait six months to enjoy huge savings. Drug makers can limit generic competition for six months after a drug’s patent protection expires. In time, cheaper generic options become available.

2. Do Look Into Splitting Higher-Dose Pills

Pill splitting is based on the fact that many pills cost about the same even if they contain twice as much medication. An 80 mg pill is often close in price to a pill with 40 mg of the same drug. Ask your doctor or pharmacist if your medication is safe for pill splitting. If so, ask your doctor to prescribe twice the dosage you really need, so you can split your pills in half.

Be aware, many pills are not safe to split, including time-released drugs, coated pills, and capsules, says Richard Sagall, MD, president and co-founder of NeedyMeds, a nonprofit organization in Gloucester, Mass, that provides information about financial assistance programs for prescription drugs. “The best person to ask whether it’s safe to split a pill is the pharmacist,” he says.

3. Do Talk Openly With Your Doctor

Your health care provider may not know how much you’re paying for the drugs he or she prescribes. “Patients should talk with their doctors so they can consider less expensive options,” says Sawaya. It also helps to review all your medications with your health care provider from time to time. If you’ve been taking a drug for a long time, it’s possible you no longer need it or could switch to something cheaper.

1 | 2 | 3

Today on WebMD

Eating for a longer, healthier life.
woman biking
How to stay vital in your 50s and beyond.
womans finger tied with string
Learn how we remember, and why we forget.
man reviewing building plans
Do you know how to stay healthy as you age?
fast healthy snack ideas
how healthy is your mouth
dog on couch
doctor holding syringe
champagne toast
Two women wearing white leotards back to back
Man feeding woman
two senior women laughing