Understanding Prescription Assistance Programs

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Understanding Prescription Assistance Programs

Thermometer on medicines

If you find yourself needing to take prescription drugs regularly, chances are, they can get pretty expensive. It’s estimated that 44 million Americans don’t have health insurance and an astonishing 38 million lack adequate health care coverage for their medications. That means there are plenty of people who need help paying for their meds.

As a way to help with the cost of prescription medications, some companies have partnered with pharmaceutical companies to offer prescription assistance programs. These programs provide prescription drugs at very subsidized rates or even completely free of cost.

The Need for Prescription Assistance Programs Is Increasing

The number of Americans who are struggling with chronic conditions is increasing by the day. And the economy has also been very unkind with record-breaking inflation. Because of these factors, a lot of people are not able to afford medication for their ailments. Thus they require prescription assistance programs that help them pay for their medications without having to incur extra debt or even go bankrupt.

What Are the Eligibility Requirements?

Eligibility requirements vary from one program to another, so it’s important to research each program thoroughly before applying. The basic eligibility requirement is that the applicant must be an American citizen and they should not have access to prescription insurance coverage. People who are covered under any personal insurance or the Affordable Care Act will find it hard to receive prescription assistance.

Financial Requirements

People who have an income below 200% below the poverty level will be eligible for the prescription assistance program. However, this number can change if a person lives in differently sized households.  Check out the income guidelines based on the members of your family here. An application form and proof of income will need to be submitted to verify your credentials.

Going Through Interview

After filling out an enrollment form, the next step will be going through an interview with a medical specialist to determine medical requirements under your case. Once you receive the go-ahead from there, then you will start to receive the medical support you need.

Cancellation Policy

The service can be canceled any time after enrollment with prior notice of at least 14 days before the next billing cycle. The written cancellation notice needs to include the reason for canceling, patient’s address, patient’s signature, telephone number, and social security number.

Prescriptions-assistance

Enroll in a Prescription Assistance Program Today

If you need financial assistance to help pay for your prescription medications, then we can help. At Advocate My Meds we have partnered up with renowned pharmaceutical companies, such as Johnson and Johnson, Pfizer, Merck, Janssen, Bristol Myers, Sanofi and GlaxoSmithKline patient assistance to provide thousands of people affordable  medication so that they can treat their asthma, cardiac issues, mental illness, heart disease, and diabetes.

Get in touch with us today to sign up for our prescription assistance program.