Generic medicines are particularly attractive to senior citizens on budgets. The cost of brand-name drugs can be very high, making them almost impossible for seniors with limited incomes to afford. Even seniors with Medicare Part D may eventually fall into the dreaded "donut hole"--a significant gap in coverage where recipients become personally responsible for $1,500 in drug costs before Medicare will start picking up the tab again.
Generic medicines are almost always cheaper than brand-name versions of the same drugs. The intense competition among manufacturers of generics assures this. As such, it's always a good policy for seniors to ask their pharmacists or doctors if a generic version of their medication exists.
Generic Medicines and More
In order to save even more money on generic medicines, seniors can print out and use the PS Card. When you have the PS Card, you can:
- Save an average of 50 percent off the cash price of generic and brand-name medicines
- Use the card at over 56,000 pharmacies nationwide, including chains and independently-owned stores
- Use the card to get discounts on medical supplies at certain pharmacies
- Compare drug prices among pharmacies at the PS Card website
- Find participating local pharmacies at the PS Card website
- Speak to a live representative whenever you have questions
A doctor doesn't have to write a prescription specifically for a generic drug for a pharmacy to dispense one, because generics are chemically identical to their brand-name cousins. While not every drug is available as a generic, over 10,000 of them are. Ask your doctor or pharmacist. Use your PS Card to save money on generic medicines, starting today.