How Do The Proposed Medicare Drug Changes Affect You?
Recently, the Obama Administration proposed changes in the Medicare drug program, sometimes referred to as Part D. The proposed changes included dropping protected status from the classes of drugs known as antipsychotics, antidepressants and immunosuppressants, limiting the number of drug coverage plans to two; a basic plan and an enhanced plan, and finally expanding the scope of Preferred Pharmacy Networks.
The proposal to drop protected status from certain classes of drugs has been dropped due to resistance by patients and lawmakers, but the other two recommendations are still moving forward. In this post, we’ll look at these changes may affect you and the steps you can take to ensure access to your medication.
Limiting the number the plans that insurers may offer for prescription drug coverage inevitably means that certain drugs either won’t be covered, or may cost more than they originally did. The argument for this change is that the Affordable Care Act has closed gaps in coverage that existed previously and there is no longer a need for multiple plans. With the new limits, you may need to find some other method of ensuring affordable access to your mediation. Fortunately, a number of options exist to lower the cost of your medication, from manufacturer prescription assistance programs to third party discount prescription cards.
The expansion of Preferred Pharmacy Networks may result in lower costs of certain medications, but again, invariably some medication will fall through the cracks. What do you do if your medication is one that isn't covered under the proposed changes? In times past, you may have been stuck paying full price for your prescriptions, but fortunately, as time passes, more and more alternatives have become available.
You may be able to get help paying for your medication directly from the pharmaceutical company. You might be able to find the medication at a lower cost at a different pharmacy. Finally, a third party Pharmacy Discount Card such as the one provided by USA Rx can significantly reduce the costs of your medications. Our card is accepted in over 60,000 pharmacies nationwide, and can offer savings at up to 75% off the cost of your medications. The card works even if you already have drug coverage, and many of our users find that with the savings offered by our card, they’re paying less than with their insurance copay. Click the red “Get Your Free Card” button and start saving today!