I am wondering are there any downsides to applying for, and using a drug company’s patient assistance program if approved by the company? I have insurance but the medication I am on is changing tiers and becoming much more expensive. The price for me with insurance will change from $50 to $250 per month. There is a savings card but it will only take off $100 per month, and $150 is a lot of money for one medication. There is no generic so trying to find alternative medication can be hit or miss.
I have talked to a representative about the assistance program and even though I have insurance I can still apply and be considered. I meet their income guidelines, I would need to explain my hardship with the insurance copays in the application. I’ve read their requirements that I can’t seek reimbursement from the insurance co if approved, and that approval is for one year and that I can reapply again for future years.
So my question is what are the downsides to applying for, and if approved, using a drug company’s patient assistance program?
submitted by /u/rbekins
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I am wondering are there any downsides to applying for, and using a drug company’s patient assistance program if approved by the company? I have insurance but the medication I am on is changing tiers and becoming much more expensive. The price for me with insurance will change from $50 to $250 per month. There is a savings card but it will only take off $100 per month, and $150 is a lot of money for one medication. There is no generic so trying to find alternative medication can be hit or miss. I have talked to a representative about the assistance program and even though I have insurance I can still apply and be considered. I meet their income guidelines, I would need to explain my hardship with the insurance copays in the application. I’ve read their requirements that I can’t seek reimbursement from the insurance co if approved, and that approval is for one year and that I can reapply again for future years. So my question is what are the downsides to applying for, and if approved, using a drug company’s patient assistance program?
submitted by /u/rbekins [link] [comments]Read Morer/HealthInsurance