Prescription Drug Savings

Prescription drug coverage is an Essential Health Benefit under the Affordable Care Act, and prescription drug coverage must be included in all Affordable Care Act-qualified plans. Copays, coinsurance, and deductibles for covered prescription drugs count against the maximum out-of-pocket limit for Affordable Care Act plans. Medicare beneficiaries can enroll in a Medicare Advantage Prescription Drug plan or separate Medicare drug coverage (Part D) to receive coverage for outpatient medications.

However, individuals may (1) be uninsured for outpatient prescription drug coverage; (2) be taking a drug that is not included in their plan’s formulary; (3) be looking for a more inexpensive way to buy a medication than through their drug plan; or (4) not be able to afford a particular medication.

The following sections of this page provide tips and information on how to save money on prescription drugs.

Consider Switching To Generics Or Other Lower-Cost Drugs

There may be generic or less-expensive brand-name drugs that would work just as well as the ones you're taking now. Talk to your doctor to find out if these are an option for you. You might also be able to lower prescription costs by using mail-order pharmacies.

Drug Discounts

You can often save by buying prescriptions at GoodRx, Single Care, Blink Health, or by using this (or some other) free Medication Savings Program card. See this article from Healthline for their choice of The 12 Best Prescription Discounts To Help You Save.

If you’re looking for lower prices on normally high-priced generic drugs, check out Mark Cuban’s Cost Plus Drugs.

Also, check out the Prescryptive Health mobile application.

Pharmaceutical Company Assistance Programs

Find out whether there’s a Pharmaceutical Assistance Program (these are programs offered by drug manufacturers) that can lower prescription costs for the drugs you take. Some of these programs are exclusively for people with Medicare Part D plans, whereas others are only offered to those with private insurance and are not available for people on Medicare.

State Pharmaceutical Assistance Programs.

Many states and the U.S. Virgin Islands offer help paying for prescriptions, drug plan premiums and/or other drug costs. Find out if your state has a State Pharmaceutical Assistance Program.

Contact Us At 786-970-0740 (Cell) If You Aren’t Medicare-Eligible Or 561-734-3884 or 877-734-3884 (TTY: 711) If You’re A Medicare Beneficiary And Have Questions About Saving Money On Your Prescriptions.