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Drew Blankenship

Your Prescription Could Still Cost Hundreds on Medicaid—7 Ways to Lower the Price

high medication costs
Don’t let high medication costs overwhelm your monthly budget; there are several resources available to help Medicaid enrollees save on essential prescriptions. Talking to your pharmacist or doctor is often the first step toward finding more affordable alternatives. Dragon Images/Shutterstock

Navigating healthcare costs can be a significant challenge, even for those covered by state programs. You might assume that having Medicaid guarantees low prices, but many patients are shocked to find their copayments or cost-sharing requirements for certain medications can reach hundreds of dollars. This often happens because state Medicaid programs use a “Preferred Drug List” (PDL) to control costs, which may place your specific medication in a “non-preferred” category. When a drug is non-preferred, or if it isn’t on the list at all, your out-of-pocket expenses can skyrocket.

That said, you aren’t out of options. Here are seven ways you can make your prescriptions more affordable.

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