Please note: We are not endorsing the examples shared within this article. We are simply offering information that may help someone.
Valuable Tips for Saving
- 1.) You should consider asking for the generic version of your drug. It may be less.
- 2.) Never be under the impression that your insurance company has secured the best price. Be ready to negotiate with your pharmacy. Ask for the best price and pay with cash if you are able to secure a lower price without the aid of your insurance company.
- 3.) Ask your physician if you can split your pills and get a higher dose of your medication. This should only be done under a licensed physician’s advice.
- 4.) Comparison shopping can help you find the best price. Call several pharmacies in your area to get the best price. Use the apps listed below or use https://ePharmacies.com to help you secure the best price.
Corporate Patience Assistance Programs (PAPS)
Corporate Patience Assistance Programs are offered by drug companies and their exclusive foundations. They help patients get access to free or reduced price medications. You must meet certain requirements to be eligible for these special programs. Normally, applicants must meet strict income guidelines and lack prescription drug coverage. The Partnership for Prescription Assistance (PPA) and NeedyMeds are two exceptional resources for finding good PAPs.
Please keep in mind that older adults experience difficulty in getting approved for a PAP. Drug companies and their foundations feel that Medicare can cover the prescription costs for older adults. The National Council on Aging offers a useful tool called “Benefits Checkup”. This tool helps seniors find out if they qualify for a PAP.
Free Prescription Drug Savings Cards
The National Council on Aging offers the Familywize Prescription Savings Card. This card is designed to help anyone get the lowest price for their prescriptions at participating pharmacies. The card won’t help if your Medicare Part D Program covers your prescription drugs.
The NeedyMeds Drug Discount Card is another option if you are searching for a free savings card that can help reduce the price of your prescription medications. This card cannot be used with Medicare Part D, but it can help if you are in a tight spot.
Apps That Can Help You Save
LowestMed, WeRx, and GoodRx are three apps that can help you find the best deals for your medication.
More Helpful Resources
Consumer Reports Best Buy Drugs is a solid resource for finding information about reducing prescription drug costs.
The Assistance Fund offers assistance with premiums, co-pays, and basic healthcare needs. The Assistance Fund caters to children and adults diagnosed with severe illnesses.
Watch this video about new legislation proposed by Senator Bernie Sanders (I-VT) and Representative Elijah Cummings (D-MD) to control high prescription drug prices in America.