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Or they’re going to places that are charging $800 a month for a compounded version, and they’re not even injecting it on a weekly schedule sometimes.” Consider a compounded version For drugs on the FDA’s shortage list, compoundingpharmacies can create and sell a copy of the brand-name drug, often at lower prices.
Independent pharmacies also face higher costs for the same medications that larger chains receive at a discount due to their buying power. Online and mail-orderpharmacies are becoming more popular due to their convenience and lower costs. It’s a tough environment for small businesses to survive.
Anyone who uses a mail-orderpharmacy is eligible, too, although they’ll have to purchase the medication first and then apply for reimbursement by sending their proof of purchase and insurance plan information.
Medicare prescription drug plans only cover medications filled at a retail pharmacy or mail-orderpharmacy. The late enrollment penalty will compound monthly for each month without coverage and never goes away. Medicare drug plans cover items such as: Prescription medications listed in the plan’s formulary.
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