New pre­scrip­tion card of­fers sav­ings

The Covington News - - THE SECOND FRONT - STAFF RE­PORTS news@cov­news.com

New­ton County has of­fi­cially joined the Coast2Coast Rx Card pro­gram.

The new pre­scrip­tion card will al­low all county res­i­dents, re­gard­less of in­come, age, or health sta­tus, to save on the cost of med­i­ca­tions. Dis­trib­uted free of charge, the card can be used at all phar­macy chains and most in­de­pen­dent pharmacies in New­ton County. It has more than 60,000 drugs in its for­mu­lary.

The New­ton County Board of Com­mis­sion­ers voted in June to en­ter into a one-year con­tract with Florida-based Fi­nan­cial Mar­ket­ing Con­cepts, which of­fers the Coast2Coast Rx dis­count cards na­tion­ally.

Ac­cord­ing to the com­pany’s web­site, the cards can save con­sumers as much as 75 per­cent on some pre­scrip­tions, though the web­site says an­nual sav­ings are gen­er­ally 55 per­cent. The cards can­not be used in con­junc­tion with any form of in­sur­ance, in­clud­ing Med­i­caid, so the dis­count will al­ways be off the re­tail cost of any pre­scrip­tion drug.

How­ever, those who have Med­i­caid or pri­vate in­sur­ance can choose to use ei­ther their in­sur­ance or the dis­count card.

“If the card­holder does use our card in­stead of his or her pre­scrip­tion card, then the card­holder will most likely need to send a copy of the re­ceipt to the in­sur­ance com­pany to en­sure that the amount paid is ap­plied to the an­nual de­ductible,” ac­cord­ing to the com­pany’s web­site.

Fi­nan­cial Mar­ket­ing Con­cepts of­fers the cards for free be­cause it gets paid a small fee from pharmacies for ev­ery trans­ac­tion made us­ing the card.

Ac­cord­ing to a Fe­bru­ary 2012 story by The Press-En­ter­prise news­pa­per in In­land, Calif., pharmacies had to pay a $4.25 pro­cess­ing fee for each pre­scrip­tion filled us­ing the cards.

How­ever, the county ac­tu­ally makes some money off the deal. The county will get a $1.25 roy­alty fee for ev­ery pre­scrip­tion filled.

The Coast2Coast Rx card will be avail­able at lo­cal gov­ern­men­tal of­fices, li­braries and county health fa­cil­i­ties as well as at most par­tic­i­pat­ing pharmacies. Res­i­dents will also be able to print the Rx card and view the near­est par­tic­i­pat­ing lo­ca­tions at www.coast2­coas­trx.com.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.