Recent data provided by IMS Institute for Healthcare Informatics and cited by Times revealed that 4.3 billion prescriptions were filled in 2014. According to the same source, Americans spent approximately $374 billion on medication during the same year. As the prices of certain types of medication keep soaring, it goes without saying that more and more people become unable to cope with these expenses. In this context, several pharmacies have developed a new vision and mission, meant to help their patients acquire costly medication that they couldn’t possibly afford to pay for on their own.
What Are the Benefits of Financial Assistance Pharmacy Services in Michigan?
These specialty pharmacies go the extra mile to improve the health and overall quality of life of their clients, by offering them easier access to a wide range of prescription drugs, at prices that these individuals could actually manage. These facilities explore a number of avenues to obtain patient funding for this project, and avoid treatment interruptions that may stop patients from witnessing the signs of improvement that they have been expecting all along. Financial assistance pharmacy Michigan make it easier for patients to buy the medication they need to address their health concerns, and eliminate the stress associated with financial impediments that could lower the odds for success of an expensive drug-based treatment recommended by a doctor.
Who Could Benefit from Financial Assistance?
At this point, there are several categories of individuals who could discover the advantages of this type of financial assistance services, including the ones who have an insurance policy with a high co-pay, high deductible, or Medicare. Also, financial assistance programs are a viable option for those who are eligible for Medicare (A/B or D), as well as for those who have a limited income and do not benefit from prescription drug coverage. Some of the clients who have already established a partnership with these specialty pharmacies are enrolled in one or more co-pay financial assistance programs.
Those who are not currently registered, but meet the criteria mentioned above, could discuss their options with the staff members of a specialty pharmacy ensuring financial assistance programs and select the alternative that best matches their needs.
For instance, a pharmacy whose mission is to help patients with modest financial possibilities purchase expensive medication may facilitate a connection with a foundation offering support to a certain category of individuals. In most cases, program eligibility includes a series of key steps, including diagnosis verification and income documentation.
As the number of patients seeking medication-based treatments is rising (the number of Americans interested in getting hepatitis C treatment almost jumped tenfold two years ago), and the demand for expensive, new or difficult to find prescription drugs is constantly growing, the support ensured by a financial assistance pharmacy in Michigan could save lives, help underprivileged people overcome financial hardship and offer millions of patients the chance to improve their wellbeing and general state of health on a budget.
