Transfer prescriptions for fun and profit
Posted
Mar 07 2008, 12:18 PM
by
Donna Freedman
Rating:
I made $15 for filling a prescription last night. That is, the medication cost me a $10 co-pay but I received a $25 gift card for trying a different pharmacy.
This was a Safeway pharmacy, so I had my choice of more than 60 gift cards ranging from bookstores to ice cream to spa treatments. I chose a Safeway card, for future groceries.
Drugstores want your business, and sometimes they're willing to bribe you to get it. Prescription transfers can be a pretty simple way to stretch your dollars.
Some deals are for new prescriptions, others for transfers only. Not every drugstore offers them. Restrictions do apply, such as bringing a special coupon with you.
But a $15 profit for driving half a mile past my usual pharmacy? I bet even MSN Money's Liz Pulliam Weston, who really hates gift cards, wouldn't have passed up this deal.
And as a bonus: While waiting for the prescription, I checked the "used-meat bin" and scored a pound of thinly cut beef round tip steaks for $2.05. What luxurious steak sandwiches these will make.
Free ones, too -- I had a gift card.
Get ready, then get sick
I don't often need medication, but I clip these prescription offers whenever I see them. That's why I had a $20 Rite Aid deal ready earlier this year when my doctor prescribed a low-dose antibiotic regimen for rosacea
I took the prescription to another drugstore and asked for only the first month's worth of pills. Twenty-eight days later I ordered the switch. By that time, Rite Aid had upped the ante: a $30 gift card plus an additional $10 if you refilled twice.
So start looking for these offers now, before you need them. Scan drugstore circulars, supermarket ads and in-store coupon booklets. Don't throw away mailers without peeking inside; that Safeway coupon, for example, came in a flier that announced a store remodeling.
Tuck the coupons in your wallet or anchor them with fridge magnets. You never know when you or a family member will need to fill a prescription.
A $25 head start
This frugal hack won't work in every case. For example, you can't transfer a one-week supply of medication, and stores may set limits on how often you can use these promotions.
Health care costs being what they are, though, who couldn't use a $25 head start? And true frugalists can turn it into a game, as I did a couple of summers ago when I needed minor leg surgery.
Before the procedure I was given prescriptions for a couple of pre-surgical Valium and an antibiotic. Neither prescription cost much -- we love our generic drugs -- but they earned me a $10 gift card from Target and a $20 gift card from Walgreens.
I then used part of the Walgreens card to take advantage of a special offer: buy four 12-packs of Diet Pepsi for $10 and get a $10 rebate. However, I happened to have coupons for two free 12-packs, which I'd gotten after calling to complain about cans of pop whose tabs had snapped off.
Therefore I wound up paying $5 for the four 12-packs, but still getting the $10 rebate.
And, in fact, I didn't even pay the $5 -- I had a gift card.