Health Savings Tips

Don’t skimp on preventive healthcare. Routine dental checkups, for example, help prevent fillings, root canals, and dental crowns, which are expensive and no fun.

Go generic. Ask your physician if generic prescription drugs are a good option for you. Generic drugs can cost several hundred dollars less to purchase annually than brand-name drugs. And since physicians often don’t know the costs you incur for a particular drug, you often have to ask.

Comparison shop for prescription drugs. Don’t just rely on the closest drugstore because the cost to you can vary significantly from pharmacy to pharmacy. Make sure to check out your local pharmacist, supermarkets, wholesale clubs, and mail-order pharmacies.

Purchase store brand over-the-counter medications. Store brand medications often cost 20-40 percent less than nationally advertised brands, but are the exact same formula. The premium you’re paying on brand names is for nothing but the marketing.