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Paying For Prescription Drugs With A Reverse Mortgage

Worried about the cost of prescription drugs?
Can’t find low-cost prescriptions?


Most Americans are worried about the cost of prescription drugs, but especially seniors as rising prescription costs take a bigger and bigger portion of their often fixed income. Unfortunately for most seniors, low-cost prescriptions are a thing of the past. Rising prescription costs are now a fact of life and drug cost assistance is often difficult to find.

Rising prescription costs don’t need to be a problem.

The good news is that M&T’s Reverse Mortgage Program offers a way for senior homeowners, age 62 or older, to supplement their retirement income so if they can’t find low-cost prescriptions, they can afford their current cost of prescription drugs and maintain their quality of life.

So if you can’t find low-cost prescriptions, M&T’s Reverse Mortgage Program may be able to help you or a loved one obtain extra cash for: 

Brand name prescriptions
Correct doses, so it’s not necessary to take less than the prescribed amount
Use of a local pharmacy, rather than a mail order program
Any other medical expense 

To learn more about how you can use a reverse mortgage to pay for prescription drug costs, contact M&T today.




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