With the rising cost of basic necessities, you may wonder how much of a prescription’s cost will be covered by insurance when you receive it from your doctor.
So before you head to your retail pharmacy in Troy, New York, take note of these frequently asked questions and their answers:
- What is a deductible?
Some insurance plans have a deductible, which is a set amount of money you must pay out of pocket before your insurance begins to cover all or part of your medications and other medical equipment or services.
If you are discharged from the hospital with new medications and have a high deductible plan, it may be a good idea to call ahead to your local independent pharmacy to ensure that you will be able to get your prescriptions promptly and at a reasonable cost.
- What does “prior authorization” mean for my medication?
Prior authorization, or PA, is when your doctor explains to your insurance company why you need a specific treatment. Prior authorizations can be used by insurance companies to ensure that medication use is appropriate and safe. The final decision to approve or deny a prior authorization is made by the insurance company’s team of expert pharmacists and doctors who have reviewed both your case and the scientific evidence on the medication.
- What if I can’t afford the medication I’ve been prescribed?
It’s crucial to take prescribed medications to stay healthy and avoid hospitalizations. If you feel your medication is too expensive, ask your doctor to find the most affordable and effective option for you.
If you need help with adherence packaging/ pill packing in New York, you may contact us at Lindsay Drug Co., Inc. to help you out.
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