What are my options if I can’t pay for my prescriptions?

Many health insurance policies do not include coverage for prescriptions, leaving the insured person to figure out how to pay for the medicine and supplies that may be needed. If your policy does not cover prescriptions and you are not able to afford them out of pocket, there are a few options available to provide you assistance.

Many pharmaceutical companies offer assistance for purchasing prescription drugs. You will need to contact the manufacturer of the medications and provide them with information that can be used to verify your income level. The degree of assistance available from Pharma will depend on the medications you have been prescribed, your current financial situation and income, and other information that can be used to determine the gross income of your household.

Another option is to pick up a prescription assistance policy. This type of policy would allow you to purchase prescriptions at a discount, or even provide them free of charge. Keep in mind that this type of policy is generally separate from your regular health insurance, including having separate premiums and deductibles.

Some pharmacy chains offer low cost prescriptions. Stores such as Walmart have programs that allow purchasing many common prescription medicines at a low flat fee. To determine if this is an option for you, contact the pharmacy at your nearest retail location.

Finally, if not other prescription assistance is available and you have a qualifying low income, you may be able to have your prescriptions covered through government assistance in the form of Medicaid Part D. This section of Medicaid coverage is expressly for assistance with medications and other prescriptions, and is administered at the state level. As with assistance from pharmaceutical companies, you will have to provide proof of your income and financial status.

If your health insurance plan doesn't provide the right coverage, compare free insurance quotes online for a new plan.