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The cost of prescription drugs can be pricey. But thanks to a new prescription drug card the days of paying full price for your meds could be over.
The Together Rx Access is a program sponsored by 10 pharmaceutical companies, making prescription medication available at a discount of 25 to 40 percent.
Judi Henneke is a Pharmacist with The Pharmacy Shop in Bryan and says, "Some people do not take their medications on a regular basis because they can't afford to get them filled every month. So they'll skip a couple days just to make it go longer. This way, they'll be able to be more compliant with their medications."
While this prescription card can help those looking to save money on their medications, it also will benefit the neighborhood pharmacies.
"We will probably get more of a reimbursement from the drug company than we do on a regular third party pharmaceutical card. The pharmacy will not have to take the discount. A lot of the discount cards, we get nothing back from any of the insurance companies. The pharmacy is just eating all the discounts themselves, so with this card the drug manufacturers have stepped forward and said hey look, if you write for my drug--you get a discount," says Henneke.
Those who would benefit from the program are under the age of 65 and do not qualify for Medicare, they have no prescription drug coverage and depending on how many people live in the home; the total income must be under a certain amount. The enrollment is free to those who qualify.
"The problem is limited to 10 drug manufacturers and it will usually have to be brand named drugs. That means we're gonna limit generics which are cheaper so the doctor is going to have to write for more expensive drugs. The good thing is drug manufacturers are going to have to provide discounts. Its gonna be good for pharmacies--cause pharmacies won't take such a hit on the discounts," says Henneke.
Un-insured people can save on more than 275 brand-name prescription medications. The program is an expansion of another initiative launched by many of the same pharmaceutical companies that has saved low-income seniors millions since 2002.