Solutions

Prescription affordability

Providing participating patients and pharmacies with affordability alternatives that expand patient access and enhance customer loyalty.

Patient's spouse pays for medication at the pharmacy counter

The challenge

Many people struggle to afford their medications, leading to gaps in care. These affordability challenges don’t just impact patients — they also lead to lost revenue for pharmacies and disruptions to medication adherence. As a critical link in patient access, pharmacies need solutions that help lower out-of-pocket costs and ensure patients receive the medications they need.

  • 54%

    of patients[0]CoverMyMeds Patient Survey 2023

    In a survey 54% of patients reported feeling concerned about prescription medication costs.

    Illustration: In a survey 54% of patients reported feeling concerned about prescription medication costs.
  • 28%

    of patients[0]CoverMyMeds Patient Survey 2023

  • 24%

    of patients[0]CoverMyMeds Patient Survey 2023

Prescription affordability solution benefits

Our comprehensive cash and commercial affordability solutions seamlessly integrate into pharmacy workflows to apply available copay savings or cash discount pricing at the point of dispense — helping patients lower out-of-pocket costs while driving loyalty and repeat visits for pharmacies.

  • Support patient affordability

    Reducing out-of-pocket costs helps patients stay on track with prescribed therapies, ultimately reducing prescription abandonment.

  • Streamline operations

    In-workflow technology integrates with pharmacy systems, reducing manual tasks and optimizing efficiencies.

  • Encourage pharmacy loyalty

    Cost savings encourage repeat visits, while prescribers may refer more patients knowing affordability increases adherence.

  • Balance profitability with affordability

    Competitive reimbursement on cash transactions helps pharmacies maintain financial health while improving affordability for patients.

Patient uses credit card to pay for medication at the pharmacy counter

Solution spotlight: eVoucherRx™

eVoucherRx from CoverMyMeds automatically applies electronic coupons for selected brand-name medications when the prescription is processed by the pharmacy system. In 2024 alone, it saved patients over $4.3 billion, helping to reduce patients’ out-of-pocket costs and and avoid prescription abandonment without taking staff out of their normal workflow.[0]Aggregated gross eVoucher savings, 2024

Join CoverMyMeds’
ever-growing network.

  • 950,000+ providers, with 350+ EHRs integrated
  • 50,000+ pharmacies, inclusive of top 10 chains
  • 650+ brands across 95% of therapeutic areas Connect with our team to see how CoverMyMeds can help deliver comprehensive solutions to improve patient access, affordability and adherence.
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