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How The American Healthcare Act (ACHA) Affects Prescription Medication

How The American Healthcare Act Affects Prescription Medication
18 May 2017

How The American Healthcare Act Affects Prescription Medication

If the American Healthcare Act (ACHA) goes through Congress unopposed, how it affects drug prices will not be fully known until it is put into practice. However, based on the reading of the current bill, we can get an idea of how it will affect prescription medication for those that need it most.

The ACHA is structured to make healthcare affordable in the budgetary sense by making it less affordable in the individual sense. Estimates on the number of individuals that would lose coverage hover between 14 and 24 million. By removing the individual mandate, there will be many more uninsured, which limits access to prescription medication.

There will be more insurance plans without prescription drug coverage so that the full burden of buying your medication falls on your finances. While it is true that healthy and younger individuals will incur lower costs, it will not be an easy road for those that need prescription medication the most. The American Healthcare Act is designed to increase premiums on those with pre-existing conditions which will increase the cost of your prescription drug prices.

Balancing Prescription Drug Prices

There are steps you can take to offset the rising prescription drug costs associated with the American Healthcare Act. Prescription Assistance Programs are created with those in mind that are struggling with paying for their medication. At Prescription Assistance 123, we will advocate for your entry into the prescription assistance program that is right for you. Our goal is to maximize your savings so you can have more money in your pocket. We will be there with you every step of the way to ensure that the ACHA does not impact you negatively. Call 888.344.8915 to speak with us now.