Health insurance can help pay for a lot of the major costs associated with getting healthy and staying healthy. While it may be easy for people with health insurance to take the costs of prescriptions for granted, people who do not have prescription coverage or health insurance at all must pay out of their pockets. When a person is young and healthy, paying for prescriptions is usually a minor inconvenience. But when you get older and the monthly medications start to pile up, the costs can become unbearable.
Paying For Prescriptions
As of 2018, Medicare is the best way for people over the age of 65 to pay for their medication. There is a Part C you can purchase to your basic Medicare coverage that is inexpensive, and will pay for the large majority of your medications. If you are under the age of 65 and do not have health insurance, then you will have to look for alternative programs to pay for your medication.
The Walmart $4.00 Prescription Plan
Walmart recently rolled out a prescription plan where consumers pay only $4.00 for certain prescriptions. This program does not require any insurance coverage and deals primarily in generic equivalents to medications. Since most doctors already write prescriptions for generic medication, this is not a big change for consumers.
Does It Cover Every Drug?
Walmart has a list of medications that it sells for $4.00 for a 30-day supply. Some medications even offer the option of getting a 90-day supply for only $10.00. If you have no insurance, then it is in your best interests to check out the Walmart list of $4.00 medications and see if your medication is on that list.
Can I Be Part Of The Program If I Have Insurance?
The Walmart $4.00 prescription program is available to anyone. Walmart uses this program to bring in more customers and sell more of its other products. The medications on the list are called loss leaders. Walmart makes no profit or loses money on these prescriptions to drive more foot traffic into the stores. Because of the success of the program, Walmart is putting pharmacies into more stores around the country.
The Walmart $4.00 prescription program does not require health insurance and is open to anyone. If you are an American who takes several prescription medications every month, then this is a program you want to look into.