We all know the price of medication can be a budget-buster for a lot of people. RxSaver by RetailMeNot lets you choose your pharmacy, choose your price and even save up to 80% off select prescriptions!
Here’s what you need to know about RxSaver
RxSaver, which was formerly known as LowestMed.com, is a free discount prescription finder that can help you save money on medications no matter where you shop. If you’ve heard about GoodRx before, RxSaver is similar.
In this article, we’ll share seven things you need to know before you use RxSaver by RetailMeNot…
Table of contents
- How does RxSaver work?
- Which pharmacies participate with RxSaver?
- How do I join RxSaver?
- How much can you really save with RxSaver?
- Can RxSaver be combined with insurance?
- Is RxSaver just for generic drugs?
- What is the Rx Advocacy Program?
1. How does RxSaver work?
RxSaver is a website and mobile app that makes comparison shopping for medication very simple. Just enter the name and dose of your medication along with your zip code, and RxSaver will show a list of current pricing at local pharmacies.
This free service does the hard work of comparing prices for you — saving you the time of making multiple calls or visits to nearby pharmacies to ask about pricing. Then it offers coupons to lower the cost of your prescription.
Best of all, RxSaver is a service that you can use whether you have health insurance or not.
Once RxSaver tells you what’s available in the marketplace for your medication, you simply select the best coupon price from the available options. Then there are two ways to redeem your savings:
- Print out a coupon for the price you see and bring it to the pharmacy
- Show the coupon on your phone to pharmacy staff
In addition, you could also print out a physical discount card from the RxSaver website or request that a laminated version be mailed to you. You may even find one in targeted mailings that come to your home, like this one:
2. Which pharmacies participate with RxSaver?
The coupons from RxSaver are widely accepted at a variety of national pharmacy chains and supermarket pharmacies, including but not limited to:
- Rite Aid
- Target (CVS)
When you do a search for any medication on RxSaver, you’re automatically shown a list of preferred pharmacies like those listed above. However, other non-preferred pharmacies may accept the service’s coupons at their own discretion.
If there’s an independent pharmacy you’re partial to using, it’s best to call them and ask what their policy is.
3. How do I join RxSaver?
No enrollment or registration is required. That means you don’t have to disclose your email, phone number, Facebook account or any other personal information to get the savings.
All you need to do is search the website or app for your prescription medication and save money!
(Editor’s note: RxSaver does offer a patient advocacy program for a monthly fee that will require registration. More on that later.)
4. How much can you really save with RxSaver?
RxSaver says it can save consumers up to 80% off prescription drug prices. However, when you read the fine print on the footer of the website closely, you see this statement: “Fourteen percent of RetailMeNot Rx Saver prescription purchases receive savings of 80% or more.”
In reality, that’s only a little more than one in 10 people that walk away with 80% off savings. So maybe the best way to think about it is this: There’s no doubt this service will save you money. But will it save you up to 80% each and every time you use it? Probably not.
To find out the real deal, we compared prices for common medications at three popular pharmacies — Kroger, Walmart and Costco — using both RxSaver and its competitor, GoodRx. Here’s what we discovered:
|Medication||RxSaver price||GoodRx price|
|Lipitor, 40 mg, 30 tablets||
|Synthroid, 50 mcg, 90 tablets||
|Lisinopril, 20 mg, 90 tablets||
|Fluticasone Propionate, 50 mcg, 1 aerator||
|Prednisone, 20 mg, 10 tablets||
As mentioned earlier, RxSaver only shows preferred pharmacies when you search a medication. You have to click a “see more” button to see other pharmacies.
Unfortunately, that means you may miss out on some free medication programs at your local supermarket pharmacy that could eliminate the cost of your prescription.
In our test, GoodRx did an excellent job highlighting these medications that are free or cheap at supermarket pharmacies, while RxSaver didn’t steer us to the free options.
5. Can RxSaver be combined with insurance?
RxSaver cannot be stacked on top of your insurance coverage. Either you use your insurance or you use RxSaver — but not both. However, the service will often show you prices that are lower than the cost through your insurer.
Once you know what you’ll be paying with your discount coupon, the service advises that you have your pharmacy double-check your insurance price:
Always [compare] your health insurance price against what is displayed by RxSaver, especially if you have a high deductible plan or if your drug is not on your insurance drug formulary list. Simply ask the pharmacist to check the price using your insurance and the discount codes to see which one is best for your purchase.
6. Is RxSaver just for generic drugs?
No, RxSaver also offers discounts on brand-name medications, too. However, the website and app are both set up to show the prices for generic drugs first.
There’s a tab on the price results page that allows you to flip back and forth between generic and brand-name medications.
7. What is the Rx Advocacy Program?
The RxAdvocacy Program is a prescription assistance program offered by RxSaver that promises to save thousands of dollars on high-cost maintenance drugs. However, there is a monthly fee of $50 and you must sign up for this service, unlike RxSaver which is free to use and requires no registration.
The registration process begins with a phone call to 1-855-569-6337. You’ll be asked basic questions about yourself, your household and your insurance status. (The program is open to both those with and without insurance.)
Within 48 hours, you’ll receive another phone call to confirm your admission into this program. You can then arrange to get your meds in one of three ways: either shipped to you, at a local pharmacy or sent to your doctor’s office.
This is not just a one-time offer of expensive medications at a discount or even free in many instances; this is an ongoing program for continous delivery of the life-saving maintenance medications that people need to survive in many cases.
Best of all, there are no real barriers to entry: You can sign up for RxAdvocacy regardless of your income, age and insurance status, so long as you keep paying the $50 monthly fee.
Here are some of the most common medications that patients obtain through the RxAdvocacy Program:
|Diabetes||Lantus Solostar, Novolog, Levemir|
|Asthma||Symbicort, Spiriva, Advair|
RxSaver is yet another tool you can have in your arsenal to combat the high cost of prescription medication.
It’s easy to understand and easy to use, however the service did often miss free and cheap prescription options that are common at several supermarket pharmacies.
That said, any time you get a new prescription, it’s best to shop it on both RxSaver and GoodRx to compare prices.