Walgreens Pharmacy and Private Label Rewards Program; Also Walmart Pharmacy

Company: Walgreens
Product: Prescription Savings Club
Cost: $20 annual fee

I did not know about this program until my pharmacist at Walgreens told me about it. Walgreens has a list of 5,000 drugs according to a formulary that you can purchase a 90 day supply at a time for $12. Usually Anthem Blue Cross will only allow me 30 days at a time with a $10 co-pay. This is especially good for those that do not live near a Walmart, and need to talk to someone that they mail order companies do not provide.

For those that have insurance, the minor part is the cost savings. The minor part is the cost savings, of 12*$10=$120 minus $20+4*$12=$92 or $28 per year. The major part of this is that I can now go to Walgreens 4 times a year instead of the 12 for generics.

Second, I get 10% reward on Walgreens private-labeled merchandise. This is really great since Walgreens puts their private-labeled product right next to the brand name product, so this card pays for itself in very short time.

Walmart also has a 90 day for $10 generics program delivered to you home for free (7-10 days), but without the private label rewards program. That is $40 per year without leaving your home versus $120 and leaving your home 12 times and waiting at the pharmacy.

In either case, Walgreens or Walmart, these programs are better than using your insurance for generics prescriptions. If you have more than one generic medication, your savings is even bigger.

Website: www.walgreens.com