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.