The Grow Your Wealthy Mindset Podcast
Grow your wealth by working on your mindset and up leveling your game. Your thoughts about money have created your current financial net worth. Sadly, there are many physicians who are have earned a good income but have not built wealth. More and more physicians are becoming burned out as our health care system continues to change. Join the movement of physicians embarking on the journey to take matters in our own hands so we can continue to thrive. Tune in each week to learn more on how to grow your wealthy mindset! Imagine your life when you have the financial knowledge to create wealth so you can practice medicine on your own terms. Please subscribe and leave a review on your favorite Podcasting platform. You can learn more about Elisa at her website or follow her on social media. Website: www.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/elizabeth-chiang-0582a432
The Grow Your Wealthy Mindset Podcast
Episode 107: High-Cost Medications and the Co-Pay Accumulator Policy with Dr. Celine Lee
If you, any of your family members, friends, or patients are taking a very expensive medication for which a coupon card or program is being used for assistance to pay for the medication, you will want to tune in to learn about the Co-Pay Accumulator Policy. Dr. Celine Lee, a rheumatologist practicing in the state of Utah, explains what the Co-Pay Accumulator Policy is and how it can significantly impact the finances of anyone taking an expensive medication.
If you would like to read more about the Co-Pay Accumulator Policy, Dr. Celine mentioned an article that can be found at https://www.crohnscolitisfoundation.org/patientsandcaregivers/managing-the-cost-of-ibd/copay-accumulator-maximizer-programs
Some states have banned copay accumulators. As of summer 2023, 19 states have banned copay accumulators: Arizona, Arkansas, Colorado, Connecticut, Delaware, Georgia, Illinois, Kentucky, Louisiana, Maine, New Mexico, New York, North Carolina, Oklahoma, Tennessee, Texas, Virginia, Washington, and West Virginia, as well as Puerto Rico.
If you live in a state that has NOT banned copay accumulators, be an advocate:
Contact your congressman
Contact your state's insurance department
Call your insurer to ask questions. Depending on what you learn, you may want to talk to your employer. Your employer might not be aware they signed up for this program or how it negatively affects their employees.
Dr. Celine Lee is a Rheumatologist practicing in the state of Utah. She is not an insurance expert in anyway. This podcast episode is for informational and entertainment purposes only. If you would like to find out more about Dr. Celine Lee or are looking for a rheumatologist in Murray, Utah, her website is https://lotusrheumatology.com/
Please subscribe and leave a review on your favorite Podcasting platform.
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Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .
You can learn more about Elisa at her website or follow her on social media.
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