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Newly Insured Patients Should Have Ability To Save Money On Prescription Medications

NeedyMeds calls on HHS to allow for use of prescription co-pay discounts for consumers

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Dec. 17, 2013 - GLOUCESTER, Mass. -- NeedyMeds, a national non-profit organization aimed at providing information to consumers on programs that help with the cost of medication and healthcare, today called on the Department of Health and Human Services to continue to support patients and their ability to afford medications by allowing the use of discounts and other cost-saving measures through the Affordable Care Act’s Qualifying Health Plans.

In a letter sent to Secretary Kathleen Sebelius, Dr. Richard Sagall praised HHS in the Department’s initial indications that the new QHP’s were unlike Medicare and Medicaid, and therefore eligible to accept pharmacy manufacturer coupons. Recent communications have sent a contrary message to patients and those in the healthcare industry. These comments need to be clarified, and the use of discounts for the purchase of prescription medications should be allowed.

“We at NeedyMeds agree with the Obama Administration’s early guidance as to the use of co-pay assistance programs for newly insured patients under the ACA, “ said Dr. Richard Sagall, President and Founder of NeedyMeds.org. “Every day our organization sees and helps those struggling with the cost of their medications. By allowing patients who now have access to healthcare the ability to save money on the cost of their needed medications, those patients will better manage their conditions, which speaks to the fundamental backbone of the ACA – a healthier America.”

An initial analysis of newly available healthcare plans by Avalere Health showed that while premiums were lower for the insured, out-of-pocket costs for medical services and prescription drug coverage would be higher, making the use of discounts and patient assistance programs for prescription drugs critical to ensuring access to medications.

Study after study shows that as the cost of a prescription rises, the rate of medication adherence decreases. Non-adherence to prescribed medication has been shown to increase costs of other healthcare services, including emergency room visits and hospitalizations.

About NeedyMeds:

NeedyMeds, a national nonprofit, is a comprehensive and reliable source of information on assistance programs available for people having difficulties paying for their medications or healthcare. NeedyMeds.org is visited by approximately 17,000 people each workday. NeedyMeds information is always free, easy to access, and updated regularly. Unlike similar sites, NeedyMeds requires no registration and gathers no identifiable information on site visitors.

Media Contact
Richard Sagall,M.D.
978-281-6666
***@needymeds.org

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Contact Email:
***@needymeds.org Email Verified
Source:NeedyMeds
City/Town:Gloucester - Massachusetts - United States
Industry:Consumer, Health
Tags:Needymeds, affordable care act, hhs, consumer, medication
Shortcut:prlog.org/12257667
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