From HealthNewsDigest.com

Financial Health
NeedyMeds Saves Users over $200 Million
By
May 1, 2017 - 4:27:11 PM

(HealthNewsDigest.com) - Gloucester, MA - NeedyMeds, a national nonprofit, recently announced their free drug discount card has saved users over $200 million dollars nationwide, with nearly $44 million of savings occurring in 2016. With the ongoing debate over the high cost of medicine, the NeedyMeds Drug Discount Card is an easy and effective way to help lessen the "sticker shock" of prescription costs.

"We believe in honesty and transparency," said Rich Sagall, MD, president of NeedyMeds. "Our card can generate savings up to 80% off the cash price of a prescription, though discounts will vary depending on the specific medication."

The NeedyMeds Drug Discount Card differs from the many cards available in five significant ways:
  1. There is no cost to obtain the card nor any registration process
  2. There are no restrictions on who can use it
  3. NeedyMeds doesn't receive any personal information about the user
  4. Earnings from the card goes to help those in need, not line the pockets of investors
  5. We have information on hundreds of free drug programs on our website

NeedyMeds partners with more than 200 organizations to help distribute the card to anyone who might benefit from using it. The card is accepted at over 65,000 pharmacies, both independents and chain stores. The only restriction is it can't be used with insurance or federal or state programs, but it can be used instead of one of those programs.

"NeedyMeds' goal is to help people save on healthcare costs," said Sagall. "The drug discount card is only a part of what we offer. An important part, but just one part of all the savings programs listed on our website."

The Gloucester Fund Drug Discount Card Partnership has been successful, saving Gloucester and Cape Ann residents around $100,000 per year in prescription costs. The card, available from NeedyMeds, helps to generate funds used for citywide health-related projects.

Sagall recommends never paying for a drug discount card nor providing a credit card number or Social Security Number. Don't fall for outrageous promises of huge savings on medication costs. With any card consumers should shop around as prices may vary considerably from pharmacy to pharmacy.

"It can be difficult to find the best price for drugs, particularly if you are taking more than two or three," Sagall advises. "Just because one drug is priced the best at a pharmacy it doesn't mean others are. Remember, you can ask the pharmacist if the price you are quoted is the best price the store has for the drug."

The NeedyMeds Drug Discount Card is available on the NeedyMeds website (www.needymeds.org) or by sending a self-addressed stamped envelope to NeedyMeds, P.O. Box 219, Gloucester, MA 01931.

About NeedyMeds: NeedyMeds, a national nonprofit, is a comprehensive and reliable source of information on assistance programs available for people having difficulties paying for their medications or health care. The website (http://www.needymeds.org) is visited by approximately 12,000 people each workday. NeedyMeds' information is always free, easy to access, and updated regularly. Unlike similar sites, NeedyMeds requires no registration and gathers no identifiable information on site visitors. For additional assistance NeedyMeds maintains a toll-free helpline - (1-800-503-6897).


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