Prescription Drug Plans
Prescription drug plans are in place to help people get the medication they need at a price they can afford.
With the costs of prescription drugs today, many find it hard to manage without some kind of prescription drug plan. In the United States, for example, there is no price control for prescription drugs, so people can find it difficult to manage without prescription drug plans, especially as they age and need more medications on a regular basis. Even in countries that have price controls in place, so medications are too expensive for the average person to pay for a one-time or multiple time prescription.
With most prescription drug plans, the patient pays a small amount and then the insurance company covers the rest. In some situations the individual pays the whole amount and then submits the receipt to their insurer for reimbursement instead of it all going through the pharmacy itself.
If you do have a plan through work, you might consider getting one. What you need to consider when making this decision is not your needs right now, but what they might one day be. As with all medical insurance, prescription drug plans require that you think ahead to what you might need in the future, not what you require at the moment you begin paying in. Right now you may use little or no medication and you may have no trouble affording it, but ten years down the line it might be a different story entirely.
Be sure to do your research when finding the right plan for you. It is important that you look at all of your options and choose a plan that best meets your current and future needs. You want to make sure that all the medication you might need is covered by the prescription drug plans you are interested in.
Disclaimer: Cliff Schaffer does not personally endorse or support any of the comments made within the writings of this article.