Are There Any Discounts for Medication Not Found on the Medicare Part D Formulary List?


Quick Answer

There are discounts available for medication not found on the Medicare Part D formulary list, according to Caring.com. As of 2015, Medicare itself does not provide discounts, but it does provide links to resources through which individuals can find assistance with paying for Medicare costs.

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Full Answer

Individuals who require a medication not on their prescription drug plan's formulary have the right to request an exception, explains the Center for Medicare Advocacy. If the drug is medically necessary and not one of the mandatory excluded drugs, then the plan may approve its use and extend coverage for its cost.

Individuals can join a nonprofit or retail prescription drug discount program to save money on non-formulary medications and over-the-counter drugs, notes Caring.com. Additionally, many pharmaceutical manufacturers offer savings programs for low-income individuals.

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