Healthcare Economics

Americans Face Health Care Cost Challenges

Congress just unveiled their long-awaited replacement plan for the Affordable Care Act (ACA, or Obamacare). Unfortunately, it’s likely to leave a huge hole in insurance coverage for many in the U.S.While America waits for the final “yay or nay” from Congress, a recent study from the Kaiser Family Foundation (KFF) makes note of how many are already struggling with healthcare costs,making it difficult to for those trying to find low-cost prescriptions.

Cutting Back to Pay Bills

According to the study, 43 percent of adults with health insurance report problems affording their deductible, and 29 percent say they have difficulty paying medical bills. Among those citing trouble paying their medical bills, more than 70 percent have cut back on vacations, spending on food, clothing or basic household consumer items. We feel these people should get assistance when it comes to paying for the prescription drugs they need. That’s why ScriptSave helps consumers find low-cost prescriptions at pharmacies near them—for free.

Making cuts to pay for medical bills - finding low-cost prescriptionsRising Prescription Drug Costs

The national association, America’s Health Insurance Plans (AHIP), has completed a study showing the majority of health insurance premiums are going towards the cost of prescription drugs.3

For those facing high out-of-pocket costs for prescription meds due to an insurance gap or high premiums, a free download of the ScriptSave WellRx prescription savings card might help. As a patient, the card (or mobile app) won’t cost a penny to use. If it helps, great—enjoy the benefit of a lower-cost medication. If not, then it didn’t cost you anything. That said, our average savings rate is 45% (with reports of savings up to 80%*), and the ScriptSave WellRx program is contracted with over 62,000 pharmacies, nationwide. You might be surprised to find out you’re eligible for low-cost prescriptions with your ScriptSave WellRx card.

ScriptSave’s long-standing mission has been to close the gaps in prescription coverage, and has a 20-year history of working with health plans and pharmacies to provide consumers with discounts on prescribed medications.

If you need to lower your prescription drug costs, ScriptSave WellRx offers help to everyone – regardless of income, age, or insurance coverage. Sign up today and save a little extra money next time you pick up your prescriptions.

 

References:

1 http://www.npr.org/sections/health-shots/2017/03/07/519001659/7-things-to-watch-in-the-gops-american-health-care-act

2 http://kff.org/health-costs/poll-finding/data-note-americans-challenges-with-health-care-costs/

3 https://ahip.org/health-care-dollar/

 

* Average and up to savings percentages are based on all discounted prescriptions that were run through the ScriptSave WellRx program in 2016. Discount percentages represent savings provided off of pharmacies’ retail prices for consumers who do not have a discount program and pay cash.


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