Drug cost containment strategies in the US In the United States there are many resources available to patients to lower the costs of medication. These include copayments, coinsurance  and deductibles. The Medicaid Drug Rebate Program is another example. Generic drug program lowers amount of money patient has to pay when picking up their prescription at the pharmacy and as their name implies  they only cover generic drugs. Co-pay assistance programs are program to help patient lower costs of specialty medications : i.e.  medications that are on restricted formulary, limited distribution, and with no generics available. These medications can include drugs for HIV, hepatitis C, and multiple sclerosis. Patient Assistance Program Center (RxAssist) has a list of foundations that provide co-pay assistance programs. It is important to note that co-pay assistance programs are for the under-insured patients. Patients without insurance are not eligible for this resource , however they may be eligible for patient assistance programs. Patient assistance programs are funded by the manufacturer of the medication. Patients can often apply to these programs through the manufacturer's website. This type of assistance program is one of the few options for the uninsured patient . The out of pocket costs for patients enrolled in co-pay assistance or patient assistance programs are $0. It is a major resource to help lower costs of medications – however, many providers and patients are not aware of the resources.
Drug cost containment strategies in the US In the United States there are many resources available to patients to lower the costs of medication. These include copayments, coinsurance , and deductibles. The Medicaid Drug Rebate Program is another example. Generic drug programs lower the amount of money patients have to pay when picking up their prescription at the pharmacy . As their name implies , they only cover generic drugs. Co-pay assistance programs are programs that help patients lower the costs of specialty medications ; i.e. , medications that are on restricted formularies, have limited distribution, and /or have no generic version available. These medications can include drugs for HIV, hepatitis C, and multiple sclerosis. Patient Assistance Program Center (RxAssist) has a list of foundations that provide co-pay assistance programs. It is important to note that co-pay assistance programs are for under-insured patients. Patients without insurance are not eligible for this resource ; however, they may be eligible for patient assistance programs. Patient assistance programs are funded by the manufacturer of the medication. Patients can often apply to these programs through the manufacturer's website. This type of assistance program is one of the few options available to uninsured patients . The out-of-pocket cost for patients enrolled in co-pay assistance or patient assistance programs is $0. It is a major resource to help lower costs of medications – however, many providers and patients are not aware of these resources.
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