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Tips to Save on Prescriptions

On November 12, 2020 I presented a webinar for Knowledgeable Aging on tips to save on prescriptions. We talked about a variety of topics on how to save on prescriptions.

  • This most important one was Medicare Part D and why your parents need to enroll and check their coverage every year during open enrollment.
  • We also talked about how your parents can get a medication reconciliation paid by Medicare if they are admitted to the hospital.
  • The other free Medicare program we talked about was medication therapy management or MTM. This is offered by your parents health insurer or Part D plan. To find out if your parents are eligible, contact their drug plan.
  • Mail order pharmacies, should I or shouldn’t I?
  • We also talked about drug discount cards and pharmacy discount clubs. What they are and how they are different than insurance.
  • Additionally, we talked about patient assistance programs. What they are, how you might qualify, and what they pay for.
  • Finally, we covered state pharmaceutical assistance programs and other Federal programs for low-income seniors.

This is a lot of information on how to save on prescriptions, but I hope you find it interesting!

This is also available on SpotifyStitcherApple Podcasts, and Google Podcasts.

If your parents or you want to know more, we offer a number of blogs on how to save on prescriptions on the Sincerae website.

This is a complex topic.  We are here to help you with tips for saving on prescriptions. Please contact Sincerae at 1.888.697.6922 or for a free 15-minute consultation.

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