Medication can be very expensive. Speak with your doctor to see if your medication is available in generic form. Ask your doctor if there are any medications that you don’t need anymore. Do NOT change or stop taking any medication without speaking to your doctor first.
There are resources available for eligible Seniors to help with the cost.
Medicare Part D or Medicare Advantage Plan (Part C) are optional prescription drug coverage benefit plans. If you decide not to get Medicare drug coverage when you’re first eligible, you’ll likely pay a late enrollment penalty if you join later, unless you meet specific criteria.
Medicare beneficiaries that meet certain income and resource limits, may qualify for Extra Help from Medicare to pay the costs of Medicare prescription drug coverage. If you have limited resources and income, and reside in one of the 50 States or the District of Columbia may qualify for the Extra Help program.
Rhode Island Pharmaceutical Assistance to the Elderly (RIPAE), provides financial assistance for RIPAE-approved medication during the deductible period of Medicare Part D plans. There are 3 levels to the program; each level receives a different percentage discount on their medications ranging from 15% – 60%. The senior’s (and their spouse’s) annual income(s) determine into which level of the program they are placed.
Rhode Island’s Best Rx
Rhode Island’s Best Rx is a prescription drug discount card program designed to lower the cost of prescriptions for Rhode Island residents who are either age 60 and over or any age with incomes less than 300% of the federal poverty level are eligible. Click here for the current income guidelines.
NeedyMeds is a non-profit information resource dedicated to helping people locate assistance programs to help them afford their medications and other healthcare costs.
GoodRx, BlinkHealth.com and WeRX.org all gather current prices and discounts to help you find the lowest cost pharmacy for your prescriptions. It is free to use and no personal information is required.
Drug companies, charitable organizations and government agencies may also be able to help individuals with a limited income. Check the following websites for help: BenefitsCheckUp.org, PatientAdvocate.org, RxAssist.org and NeedyMeds.orgNeedyMeds.org.