Healthcare Economics

March 09, 2017

According to a recent 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 items.

March 01, 2017

Always ask, “What’s the Ca$h Price?”
Always show your ScriptSave WellRx card
The ScriptSave® WellRx Facebook page sees a lot of interaction…and we love getting questions. By far the most common questions and comments are those related to insurance.
“Can I use ScriptSave WellRx with my insurance?”
“How does it work if it’s not insurance?”
“I have insurance, so your card isn’t for me.”
For the record, not only is that last one a misconception, it’s also a fast-track to over-paying for your meds (and it’s the starting point for this blog post).

February 14, 2017

Lowering prescription costs is what we do every day at ScriptSave® WellRx. In fact, the average savings rate among our members for 2016 was 45%, and some members even saw savings as much as 80%.
So, when we read a February 2017 press release from health network pioneers, PatientsLikeMe, citing the following stats, it certainly grabbed our attention:

January 31, 2017

With annual price tags topping $100,000 for some new drugs for cancer and rare diseases, many patients have not been able to afford their medicines. Massive price hikes on old products, like Mylan’s EpiPen emergency allergy injectors, have also left some patients struggling to afford their drugs.

January 18, 2017

The Affordable Care Act required insurance companies provide women with access to preventive services—which, includes everything from mammograms to cervical cancer screening, and includes birth control—with no cost-sharing. Under the ACA, this meant women did not have to pay up to $60 a month for the Pill or hundreds of dollars for an IUD.
Research from the Kaiser Family Foundation shows that since 2012, there’s been a drop in what we’ve spent on retail drugs. Oral contraceptive pills account for 63 percent of that drop. In other words, prescription savings on the Pill totals more than half of all the money saved on drugs since the ACA was established.

January 17, 2017

The Congressional Budget Office has analyzed the effects of healthcare repeal, and estimates 22 million Americans will lose health coverage if a repeal plan, like the one passed in 2015 by Congress, were to become law.
With the loss of insurance coverage, many patients will no longer be able to afford the prescription medicines they need to stay healthy. Medicare and Medicaid enrollees may also see the stresses of change with possible increases in premiums and deductibles. ScriptSave® WellRx can help.

December 07, 2016

Are you spending too much on your prescription medications? It’s staggering, we get it. There are a lot of companies in the discount prescription space, so who do you trust? How do prescription saving cards work? We hope this will help explain how it works and how you can save on your medications.

April 06, 2016

Nancy went to the pharmacy to pick up her medications and was shocked when she heard her total was $211 for her medications. It has become more and more difficult to put the words “affordable” and “healthcare” in the same sentence. Prescription medications composed 16.7% of all U.S. healthcare spending in 2015.