First Dollar
May 29, 2020

Prescription Prices for the People: How We’re Helping You Beat Overpriced Necessities

Americans spend more money on prescription drugs than any other country in the world.

In one year, the average American spends $1,200 on medicine that they need. This is just one of the many reasons First Dollar is in the business of saving people money on healthcare expenses, like prescription medication. 

We’ve launched a fully-integrated discount pharmacy benefit to ensure all First Dollar members are getting the best prices for medications they need to live their lives while saving for the future. Discount pharmacy platforms are integral in helping people access and afford pharmaceutical services at discounts as high as 80 percent off.

First Dollar's Discount Pharmacy

High-deductible health plans may cause sticker shock at the pharmacy.

If you have a high-deductible health plan (HDHP), then you probably have a health savings account (HSA) to go with it. If you don’t, you should definitely sign up for one with First Dollar conveniently on this site you’re already reading. 

An HSA exists to support an HDHP that requires hefty out-of-pocket expenses before insurance steps in. More than 80% of consumers with a HDHP never meet their deductible, so a lot of folks pay with their own cash at the register. Saving in a triple tax-advantaged HSA gives the control back to you so you can plan for your future, your family’s future and anything unexpected that might come your way -- like necessary prescription medication. 

More than 80% of consumers with a HDHP never meet their deductible.

Even with insurance, those prescriptions can cause sticker shock at the pharmacy. That’s why we want to make sure your hard-earned money that you thoughtfully saved in an HSA deserves to be spent wisely. 

This discount pharmacy program is about more than just saving you money.

About 25 percent of people who need prescription medication reported having a hard time affording their treatment. That is far too many people facing obstacles to simply receive medicine that improves their daily lives, and helping our members take charge of how they spend on health care is one step in combating the system that is not looking out for human beings.

With First Dollar on your side of the counter, you have a whole team working to make sure you have both access and the best prices for the medications you need to live your life. We do the work for you, so you don’t have to spend any time worrying, researching or crunching numbers. Using your zip code, all pharmacies near you (Costco, CVS, Walgreens, etc.) are analyzed and you’re provided with coupons for both brand-name and generic medications, saving you up to 80 percent of the cost.

We’re here to navigate the healthcare system with you.

We’re an HSA that understands the system and how it can work against you. That’s why we’re putting our members first and ensuring benefits like discount pharmacy prices are a part of the experience to both save money and provide the resources to make wise healthcare decisions. This is just the beginning of how we will revolutionize consumer relationships with healthcare and give the power back to YOU.

If you’ve been thinking about opening an HSA or want to learn more, sign up for First Dollar.

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