Question about my 18 year old and insurance

Question

I have an 18 year old who takes ADHD medication which without insurance costs well over $300 a month. She is not interested in going to college at this point so I'm not sure how much longer I can keep her on my insurance plan.

Assuming it takes her awhile to find a job with good insurance does anyone have any suggestions on how to make her medical needs affordable for her?

Answer 1

Try investing your money.  As it is giving returns, it can be used to stymy the cost of her medication.  Sorry I couldnt be much more of assistance.  It is a difficult situation you are in.  But I hope she gets a job, and it will take some of pressure off of you.    

Answer 2

Unfortunately, there are not a lot of options during that transitional time. If she has no plans to go to college and is looking for a job, then she'll certainly want to choose one that offers medical benefits. Until then, using generic versions of the medications will save a lot of money.

Answer 3

Not really.   Cobra for her will probably cost more than the $300 a month.  You could see if Target or Walmart have any appropriate meds in the $4 generics, but it would probably only be basic ritilin.  

And no one is going to sell her a private policy, that covers the ADHD.

Answer 4

Drug companies have programs for people who can't afford their drugs.  Check the manufacturer's website.  Check out Canadian prices although that's not as good a deal as it once was.  See whether there's a generic drug that will work for her.  As far as other medical needs, see where in your area there's a low cost clinic for people without insurance.  They exist but they're not everywhere.  If there's a teaching hospital near you, they may have one.

She needs to get a job with medical benefits.  She really does.