Most people don’t realize the high cost of prescription medications until they, or someone they care about, experiences a personal health crisis. High drug costs can negatively impact a person’s quality of life. It may even force them to make difficult decisions – should I buy healthy food or my medicine this month?
Here are some options that you can explore to reduce the cost of your medication:
- Medication Review –Ask your pharmacist to review your medications for ways to reduce your costs. There may be lower-priced drug options, or you may save money by changing the way you fill your prescription. Make sure each time you’re prescribed a new medication that you talk to your pharmacist and ask these questions before filling the prescription.
- Patient Assistance Program or Foundation –Find out if you can get help paying for your medication through a patient assistance program or foundation. These programs are often sponsored by pharmaceutical companies and available to help people who can’t afford their medications. You can do your own research using one of the following online search tools or you can call the Senior LinkAge Line at 800-333-2433.
- Extra Help Program – People on Medicare who have limited income and resources may be eligible to get Extra Help with drug costs. Extra Help can be worth about $5,000 per year. To find out more, contact Social Security, or call the Senior Linkage Line at 800-333-2433.