Prescription Assistance Program Helps with Medicare Part D Doughnut Hole
ST. LOUIS, Sept. 18 /PRNewswire-FirstCall/ -- Nine months into the new Medicare Part D program, many beneficiaries are finding themselves in the program's "doughnut hole" coverage gap. Rx Outreach(SM), a patient assistance program (PAP) offered by pharmacy benefit manager Express Scripts, can help Medicare Part D beneficiaries in the "doughnut hole." Rx Outreach's PAP offers 90-day supplies of 110 primarily generic medications from more than 40 therapeutic classes to treat most seniors' health needs. The Rx Outreach program's only cost to the patient is a flat administrative fee of either $20 or $30, depending on the prescription that is dispensed. Many Medicare Part D beneficiaries have begun to enter the coverage gap and more are expected to meet the same challenge in the coming weeks. According to a June analysis by PriceWaterhouseCoopers LLC, this gap in coverage is forcing more than 3.4 million beneficiaries to make tough choices between the medications they should take and other expenses. Before reaching the doughnut hole in the Medicare Part D program, patients pay the first $250 for their prescriptions, and then 25 percent of their drug costs for the next $2,000. After that point, plan beneficiaries are in the doughnut hole coverage gap until their out-of-pocket costs reach $3,600. During this time, beneficiaries pay 100 percent of their prescription costs. Upon reaching the $3,600 out-of-pocket limit, Medicare Part D will begin covering a beneficiary's prescription drugs again. The amount paid to a program such as Rx Outreach may not be submitted for reimbursement from Medicare and does not count toward the beneficiary's out-of-pocket costs. Since individuals cannot apply the cost of the Rx Outreach program to their out-of-pocket cost to get them to the $3,600 limit, each individual must determine based on his/her situation if a patient assistance program will help reduce the overall cost of medication. Introduced in 2004, Rx Outreach is one of the first private-sector solutions to help low-income individuals afford generic medications. Using generic drugs, when medically appropriate, also helps cut costs. Generic drugs have been proven safe and effective and account for more than half of all prescriptions written. Rx Outreach enables participants to save an average of $100 per prescription compared to the cost of the same medication if obtained without insurance from a retail pharmacy. If a patient fills multiple prescriptions, the savings could be hundreds of dollars per month. In addition to cost savings, Rx Outreach offers the convenience of a 90-day-supply and home delivery with each prescription. There is no contract to sign or monthly fee to use this program. Enrollment in the program is for a 12-month period. Rx Outreach has helped more than 400,000 individuals save more than $140 million on their prescription medications. "Currently, 30 percent of all Rx Outreach participants are seniors," notes Tina Jason, Express Scripts senior director, Rx Outreach. "This program is a valuable resource for seniors needing assistance covering the cost of their prescriptions." The program is available in every state and Puerto Rico to individuals with incomes of up to $24,500 per year annually, which is 250 percent of the federal poverty level. A family of four could have a household income of up to $50,000 per year and meet the financial guideline. The Rx Outreach program is also available to individuals and families that are not on Medicare. Patients who are uninsured or covered by another medical or prescription drug program are also eligible to participate. For more information on Rx Outreach, including a complete list of generic drugs offered and enrollment forms, visit http://www.rxoutreach.com . For more information on generics, visit http://www.express-scripts.com/pr/generics/ . About Express Scripts: Express Scripts, Inc. (Nasdaq: ESRX) is one of the largest PBM companies in North America, providing PBM services to over 55 million members. Express Scripts serves thousands of client groups, including managed-care organizations, insurance carriers, employers, third-party administrators, public sector, and union-sponsored benefit plans. Express Scripts is headquartered in St. Louis, Missouri. More information can be found at http://www.express-scripts.com . Media Contact: Rita Holmes-Bobo 314-702-7584 rholmesbobo@express-scripts.com
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