Three Ways to Save on Prescription Costs with Medicare
At A. L. Saland Insurance Solutions Inc., we’ve seen too many people in Odessa, FL, miss out on savings when it comes to their prescriptions. Even if you’re on a traditional group plan with your insurance, you may still qualify for Medicare if you’re over 65 or under 65 with a qualifying disability. We encourage you to utilize every method possible to save as much money as possible on your prescriptions at home. Here are three ways you can use Medicare coverage to do just that.
1. Enroll in Medicare Part D
Anything involving the government is likely to involve some red tape, so ensure you are properly enrolled. This means enrolling in Medicare Part D. There are four parts of Medicare: Part A, Part B, Part C, and Part D. Part D is the section of Medicare that covers self-administered prescriptions. In many cases, Medicare will pay for your prescriptions before your group health insurance plan has to touch it.
2. Opt for Generic Drugs
There will sometimes be a copay associated with your prescription drugs. Medicare usually comes with a lower copay when you choose the generic version of your prescription instead of the name-brand company. This is also true of your traditional health insurance plan.
3. Request a Tier Exception
Copays are tiered by cost. You can sometimes request a tier exception on your prescription from your doctor. Some drugs are limited or have restrictions based on their preferred status. Your doctor can request a tier exception to get your cost lowered if you qualify. This is often true if the drug is mandatory for your quality of life.
If you live in Odessa, FL, and qualify for Medicare, we can help you lower your prescription costs at A. L. Saland Insurance Solutions Inc. Call us today to learn how to get started.
