Cost-Cutting Tips for Seniors

It's no secret that medical costs are rising. Here's how to fight back.
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Go generic

Just as generic food is similar to brand-name products, generic medication is often nearly identical to comparable brand-name drugs. If your doctor is writing you a prescription, ask him or her if there's a generic version or alternative available. And also make sure any drug you are taking is on your insurance plan's formulary, or list of suggested drugs. If there's not a generic available, choosing the less-expensive brand on the formulary will keep costs down.