Paying for prescription medications can be a challenge, even with insurance. More than half of Americans have trouble paying for prescription medications, and nearly a third aren’t filling their prescriptions due to high costs.
Ways to Save
Talking to your prescriber about more affordable options is a good first step. You may be able to save by switching to a lower-cost generic or choosing a medication that’s covered by your insurance. Look into savings through manufacturer copay savings cards and patient assistance programs, or use online tools to compare medication prices and find discounts.
Other practical ways to help you pay for your medications include getting a 90-day supply, using tax-advantaged funds, or asking your healthcare team if it’s safe to split higher-dose tablets. You can also use a free prescription discount service, or apply for patient assistance programs if you’re uninsured or underinsured.
Additionally, if you have a health savings account (HSA), a flexible spending account (FSA), or a health reimbursement arrangement (HRA), you can use it to help cover your out-of-pocket medication costs. If you have Medicare Part D, you may qualify for Medicare Extra Help, which helps people with limited resources pay less for certain brand-name and generic medications.
Original reporting: KTBS 3 (Shreveport) — read the source article.
