The first thing that you can do is to talk to your doctor about it. Let him or her know that you want to make some savings. He or she can then prescribe a cheaper alternative. You can also ask for the generic version of the drug. This can help you save up to 80% in some cases!

More so, look at your options when it comes to pharmacies. Some pharmacies – whether online or not – have lower prices than others. If you are dealing with a chronic illness, it also pays to buy in bulk. In many cases, you will make extra savings by buying more in one go.

There is another direct monetary benefit from participating in such programs. In some cases, the cost of health insurance premiums are discounted if a person joins the wellness program – meaning full participation. The savings depend on your company and the health insurance provider, but the bottom line is that you can save up to several hundred dollars a year on health insurance premiums. Some companies even extend the benefit to dependents.

Why don’t you ask if your company is offering similar programs and incentives? If not, you might even want to initiate one!