The shocking cost of insulin is devastating middle-class families.
Although the average person spends around $1,025 per annum on medication, those with diabetes who use insulin will often be required by their insurance to spend five times that amount on any treatment they need.
Six million Americans today depend on insulin to manage their diabetes. They often require multiple insulin shots per day. Many are choosing not to take insulin, or to limit their doses, putting themselves at greater risk of developing serious health problems. Why? Insufficient prescription drug coverage from insurance carriers.
Programs created by pharmaceutical makers to aid patients in private plans for health insurance who can’t afford their prescriptions are lost in the complicated world of diabetes. These programs are often not disclosed by insurance companies.
The copay assistance card, also known as copay coupons can be used to help reduce the financial burden of paying for medication. To apply for one, patients need to visit the insulin manufacturer’s site and search for financial assistance programs.
This can all seem a little complicated. Many people give up and get frustrated. Don’t give up!
This is the value of copay assistance: it lowers your costs and may even pay all the costs. The difference is covered by the pharmaceutical company. You don’t usually have to show that your regular copay would cause financial hardship. However, Medicare beneficiaries are not usually eligible for these programs.
To make it easier for people living in California’s Central Valley to afford insulin, we searched for programs offered through insulin-producing pharmaceutical firms.
For more information about Insulin Support Programmes, please visit www.legacyhealthendowment.org.
There are many programs that can cover up to 100 percent for the uninsured. Mat.org is a wonderful website that can help you.
Before you fill your prescription for insulin or any other prescription medication, make sure to check if the manufacturer offers copay assistance programs. Your pharmacist may be able help you if you have any questions.
Jeffrey Lewis is President and CEO of Legacy Health Endowment Turlock Ca.
The email address for Mr. Lewis is [email protected]
