Prescription Coverage

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Question

Does getting a generic save me money if I have prescription insurance?

Answer

If you have prescription insurance through your pharmacy benefit management plan (also called a PBM), you are likely to see a direct decrease in your copayment and save money when you get your prescription filled with a generic medication. Using generic medications also helps to reduce the cost for your plan sponsor (for example, your employer) and can help minimize the annual increases in your health insurance rates.

Learn more about common generic equivalent drugs.

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