Should you shop for your next prescription? Here’s an example. A popular brand name statin (cholesterol medication) sells for $147. A generic alternative sells for $7.
In a “traditional” health plan with prescription copays, your cost may differ by only $15 or $20.
In an HSA plan, where all claims count towards your deductible, your cost may differ by $140.
Ask your pharmacist and your doctor about generic alternatives. It is well worth your time.