Prescription medications can be expensive with some patients opting for over-the-counter medication as an alternative to paying expensive prices but there are additional financial resources for affordable prescription medication.
One of the biggest expenses can be medical-related is necessary to include in your budget especially if you have expensive prescriptions. There are some money-saving options for your prescriptions aside from insurance coverage and we suggest some resources for saving on your medications.
The best place to start is by doing some research to find the best deals on your medication by using a prescription savings search engine found on MedicineAssistanceTool.org to find savings before heading to the pharmacy. This search engine will give access to find financial resources based on your health needs.
Start by entering your medication information, enter personal information for eligible resources, and get the results that can help you with financial assistance to help pay for your medicine. Another solution is by going to the top by reaching out to the prescription drug manufacturer of the medicine you take.
You can contact the drug manufacturer to inquire about Patient Assistance Programs (PAPs) that you can find with more resources on the manufacturer’s website. You can access a complete list of PAPs on theNeedyMeds.org website that is organized by drug name. Some of these websites will offer saving programs dedicated to a particular medication where you can simply sign up for a savings card and get discounts on your prescription.
Another resource is applying for financial assistance from charitable foundations known as the Patient Access Foundation (PAN) that is a charity dedicated on help people pay for out-of-pocket healthcare expenses. The assistance program can help pay for coinsurance costs, deductibles, and co-pays that can be applicable whether you do or don’t have insurance/Medicare.
Applicants that receive a grant can help cover 12 months’ worth of prescription costs through charities including:
· MyGoodDays.org
· HealthWellFoundation.org
· Copays.org
· PatientServicesInc.org
You can save more money on prescriptions by taking advantage of prescription programs with your local pharmacy with each program having special features for a wide range of generic prescriptions. Common pharmacy programs include Wal-Mart, Walgreens, Target, Publix, Rite Aid, and CVS.
Some of these pharmacies also use prescription discount cards that are easy to get through such services as GoodRX. You can request to compare the prices of your prescription with insurance, without insurance, and with a discount card to find the best rate for you. Consulting with your pharmacist can be beneficial in finding the best discount plan that can be applied to future prescriptions.