Common Questions About How Healthcare Reform Affect Prescription Medications
One of the more commonly asked questions that we have to answer is “How does healthcare reform affect my prescription medication costs?” The easiest answer to this is that it all depends on the individual and the type of healthcare insurance coverage they have. However, if you are in that awkward position of having to choose a plan for the first time, we typically recommend that you look at the benefits of each plan that you are considering. You might be amazed at how much money you could save on your medications the very first year.
In addition to the above question, here are several others that you might want to consider should you be shopping for healthcare insurance:
Are my state’s prescription drug plans the same throughout the US? No. Each state has their own formulary or list of medications that are covered even though every state is required to provide these plans in their marketplace.
Are prescription medications covered in all health plans? Yes, provided they are health plans that are offered by your state’s marketplace. According to the ACA, this is one of the essential benefits that all healthcare plans must include. As a suggestion, you should look at the current plan that your employer provides to see if it covers prescription medications costs.
How can I find out if my medications will be covered? Check your state marketplace’s drug plan formulary or list of preferred medications. Any healthcare plan that you are interested in should be able to provide this information. To find if your medications are covered, you need to know the following:
- Amount of medication prescribed by your doctor
- Exact name of the medication
- Your particular dosage
Keep in mind that medications are added and removed from these formularies on a regular basis. Brand names oftentimes replace generics and generics are replaced by other generics.
What should I do if my medications are not listed in the formulary? Just because your state’s marketplace health plan’s drug formulary does not list your particular medication(s), you should make a written request for them to be included or provide you with access to the ones you need.
Will a USA Rx pharmacy discount card help me save money on my prescriptions? Yes, whether you have health insurance or not. In some cases, you can receive discounts of up to 75% on prescription prices. Additionally, over 60,000 pharmacies throughout the US will accept the USA Rx card.
The bottom line is that we would like to show you how you can benefit from the USA Rx pharmacy discount card. If you would like to start saving money on your prescription drugs today, call us and speak with one of our representatives.