Can I Get Prescription Drug Insurance Separately from Health Insurance?
Today there are even more families, and individuals that are either under insured, or lack insurance. These people have to not only confronted the issue of medical care without adequate insurance, but also the high cost of prescriptions. There are stories of people who either decide to buy medicine or their groceries. Some people decide to cut their prescriptions in half because of the cost of medications. This will seriously affect people that take more than one medication, or people that take medications for cancer, or AIDS, or any other serious illness. Prescription drugs can cost hundreds of dollars, and in some cases can even run into the thousands of dollars.
Recently there is a new type of insurance on the market called prescription insurance programs, which are offered by the pharmaceutical industry. This type of insurance is for low-income households who either don't have prescription drug coverage in their health insurance coverage or don't have enough prescription coverage. This type of program has been around for a number of years but has just now gained more momentum. To qualify for these programs you need to be low income and meet these requirements. Of course, there are some hardship cases, which are also considered.
But what happens if your income is not low enough to qualify for one of these prescription plan programs, and you still need to lower the cost of your medications. There are a couple of ways you can save on medications. First you should ask your physician to prescribe generic brand medications. These tend to be cheaper than the name brands, but still have to meet the FDA standards.
If you can avoid newer medications, as these tend to be more expensive, then you can save money. Generic drugs tend to be on the market longer than new drugs so even potential side effects are fewer with older generic drugs than with newer medications.
Shop around. Just as you would shop for better prices on other products, so can you shop for your medications. You can check with different local pharmacies as well as online to find the best price in your medication.
There are other options as well for getting discount prescription medications. There are discount plans and prescription discount cards you can buy. This is a type of prescription medicine insurance plan. You can join this type of plan even if you do have health insurance. These companies offer medication benefits, which can save you up to 50% on your prescriptions. Plus you can probably save even more when you order medications online or through the mail.
These types of prescription medication insurance plans can be found in many different places. Often you can find applications in your local pharmacy, but you can also find many options online, all you have to do is a quick Google search and you will find many companies that offer prescription medication insurance plans.
Before choosing a medication insurance plan, be sure to read the whole contract to find out what your discount is for the amount you play for the plan. Be sure you check to see if there are annual fees that are not mentioned, and that the plan will give you a discount at any pharmacy either physical or online. Do your homework and comparison-shop to find the best prescription discount program for your needs.
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