If you currently have Medicare, you may be paying more out of pocket for your prescriptions than is necessary. Medicare doesn’t cover the total cost for prescriptions and in some cases, doesn’t cover them at all. Yet most people who have Medicare can’t afford to pay their bills and pay for the cost of prescriptions on top of their normal bills. You worked hard for you money. There is no reason why you should have to spend it all on your prescriptions.
Talk to Your Doctor about Alternatives
Many doctors take a look at insurance plans before offering a prescription, but not all of them do. Even if they do, there is no guarantee that your doctor knows what is covered and what isn’t covered. In some cases, you can get a different prescription that is better covered by Medicare. Talk to your doctor about your options, but realize that you may need to take more than one alternate medication to do what the original one did on its own. There might also be side effects that your doctor was trying to avoid.
The price of medication is out of control and not looking like it’s going to get any better any time soon. Many people have turned to generic forms of medication in order to be able to afford what they need. When you go to the pharmacy, ask your pharmacist about generic options that may be more affordable for you.
Use Supplemental Insurance
Did you know that buying supplemental insurance could cost you less than your medications? You don’t have to rely on Medicare for everything, especially if you are having a hard time getting your medical needs met by using Medicare alone.
There are different types of supplemental insurance to go along with Medicare. Some versions cover doctor visits, co-pays, or even stays in the hospital. Other versions cover the cost of prescriptions that Medicare doesn’t cover at all or that Medicare only partially covers. With a supplemental plan, you can make a budget that you can work with because you don’t have to worry about the rising cost of prescriptions. You know what you have to pay out to the supplemental insurance plan and you relieve yourself of a lot of the worries that you experience now.