Tips To Maximize Your Prescription Benefit This Year
Maximizing your benefits involves being proactive and informed. Here are some tips to help you make the most of your prescription coverage:
Go Generic - Prescription drugs can be expensive. One way to save on your prescriptions is to use the generic version of your brand-name drugs. Generic drugs contain the same active ingredients as brand-name drugs but at lower prices. Talk to your pharmacist about your generic options available.
Understand your coverage - Your health plan should be able to provide you with information that outlines the medications covered by your plan and their cost. Some medications may have specific requirements to meet before they are covered. Checking this information and contacting your health plan with any questions before starting any new medication is best.
Stick to your Medication Routine - Adherence is the primary determinant for success with your prescription medications. Non-adherence can lead to poor health outcomes and increased healthcare costs. If you have concerns with your medication, talk to your pharmacist or health care provider before stopping your treatment regimen.
Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs) - If you have an FSA or HSA, use it to cover prescription costs. These accounts allow you to use pre-tax dollars for qualified medical expenses.
Stay In-Network - Use pharmacies and healthcare providers that are in-network with your insurance plan to take advantage of lower costs for you and your plan.
Ask Questions - If you’re unsure about coverage or costs, don’t hesitate to call your health plan and ask questions. It’s important to be informed about your benefits.
The information provided is for educational purposes and should not be used during any medical emergency or for the diagnosis or treatment of any conditions. Consult with your medical provider for diagnosis and treatment of all medical conditions. Call 911 for medical emergencies.