Medicare Part D is the federal government health insurance plan that covers prescription medications. Maybe you just enrolled, or you’ve been on a plan for a while and were recently prescribed an expensive brand name drug. Whatever the case, you might be surprised by your out-of-pocket costs. Even with Medicare, medication expenses can pile up, costing some patients several thousand dollars a year.
Unfortunately, drug manufacturer discounts and copay coupons can’t help since they’re not available to people who have health coverage through the government. But there are still many resources available if you’re looking to save on your medications.
Depending on where you live, your state may offer programs to help. A good place to start is your local Department of Aging. This office of the United States Department of Health & Human Services can help you find the best Medicare plan for the coverage you need.
Some states even have their own cost-savings programs for older adults. For example, Pennsylvania runs PACE and PACENET. These programs offer low-cost prescription medications if you meet certain qualifications.
Read more at GoodRx.com...
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