Lower Your Medication Costs With Cherry Street’s Prescription Copay Assistance Program

At Cherry Street, our founding mission is to serve those that need our help.

As a pharmacy, we’re uniquely capable to help improve the health and wellbeing of our surrounding community. After hearing story after story of individuals being hospitalized simply because they couldn’t afford their medications, we knew we needed to do something about it.

Aligned with a mission to improve quality of life, we settled in an underserved community to intentionally help those that would benefit from our support the most. As a result, we created Cherry Care, our non-profit that provides direct financial copay assistance for those who struggle with paying for their medication.

Because the bottom line is, nobody should ever have to choose whether they are going to pay for food versus their medication.

By breaking down our copay assistance program, we hope to communicate that we’re here to help you create a healthier life while putting dollars back into your pocket. At any point, if you know someone who would be eligible and benefit from our copay assistance program, please share this article with them and refer them to our copay assistance program on our website.

How Does Our Copay Assistance Program Work?

The copay assistance program is intended for individuals who have limited income to spend on medication and is funded by our non-profit organization, Cherry Care.

Eligibility for copay assistance through Cherry Care is simple:

If you’re currently on Medical or Medicaid and make less than $30K a year you’re eligible for 100% financial assistance.

If you currently make between $30K to $37K a year you’re eligible for 80% financial assistance.

In sum, our Cherry Care program will cover up to 100% of branded generic copays with no maximum limit for the entire year if your annual income is less than $30K a year. If you make $30 – $37K a year, you’re eligible for 80% coverage.

Our program is designed with two tiers of coverage to make sure it’s not all-or-nothing assistance. Rather, the tiers encourage more people to receive help while maximizing our efforts to do so.

The process to sign up for Cherry Care is straightforward, if you have state Medicaid or Medical, you automatically quality because your insurance guarantees that you meet the eligibility requirements. If you have Medicare, there is an additional form to fill out that will allow us to check your eligibility. For more information and to access the necessary paperwork, please contact us.

The Benefits of Copay Assistance go Beyond Savings

After covering over $15K in copay assistance for individuals, we’ve seen the benefits have an immediate chain reaction. Not only does it help you save money, in some cases copay assistance means food on the table. In other cases where some prescriptions can cost $600 a month and when saved over the course of a year, can easily be the cost of a used car.

We’re helping our customers remove this unfortunately common train of thought, “My insurance requires me to pay out of pocket, but I can’t afford it. What do I do?” A dilemma that all too often leaves vulnerable people splitting pennies to just make it by, or puts them in dangerous situations of foregoing life-saving medications and risking hospitalization.

Take our customer Ruth for example, who’s insulin cost her $250 a month. For a period of time, Ruth was unable to afford her insulin costs forcing her to ration out her supply. A practice that is not uncommon, and can lead to a deadly condition known as diabetic ketoacidosis. After switching to Cherry Street and receiving copay assistance, we’ve helped Ruth cover 80% of her costs.

If you relate to Ruth’s experience and are eligible for Cherry Care’s copay assistance, we highly encourage you to apply to the program or contact us if you have any questions.

Related: How to Apply to Cherry Care’s Copay Assistance Program

The big picture is copay assistance helps you maintain your health by increasing medication adherence. We’ll help you so you don’t have to worry about prescription costs while giving you equitable access to the medications that will keep you healthy and hospital-free.

We Use Our Pharmacy as a Force For Good: To Help You Stay Healthy and Stress-Free

Your health is our number one priority, and we’ve implemented tons of ways where we can help you maintain your health, without breaking the bank.

For those that are eligible, we highly encourage you to sign up for Cherry Care’s Copay Assistance Program by learning more on our site and contacting us.

If you’re not eligible, then don’t worry. We’ll give you money to stay healthy—literally. Here’s how:

Every time you pick up a prescription on time or show that you’re taking care of yourself through blood tests that indicate your blood sugar and cholesterols are dropping, you’ll earn Cherry Points which you can redeem for cashback.

No in-store vouchers or coupons. Only straight cashback that you can spend on your prescriptions, or anywhere you’d like.

We also offer a huge variety of prescription coupons on an ongoing basis to help alleviate extra costs.

We’re a firm believer that as a pharmacy we’re in the position to use our business to make a sustainable impact in our communities. By offering our copay assistance program and other financial solutions, we hope to create an equitable healthcare system and healthy communities.

People don’t revolve around medicine, medicine revolves around people.

Which is why we’re striving to be the “one-stop” pharmacy that serves all your needs.

We’re here to support you during these unprecedented times. Reach out to us if you have any questions, need help, or would like to sign up for our Cherry Care Copay Assistance Program.

We’re Live on MicroVentures! Raising Funds to Create a “One-Stop” Pharmacy

What if a pharmacy could end healthcare inefficiencies, close the access gap for the poor and underserved and keep people consistent with their medications, all while turning a healthy profit?

Would you want to invest in that model?

Because, suddenly, you can.

Our Founder, Wenbo Liu worked his way up to Pharmacy Manager not long after graduating Pharmacy School in 2013, and he couldn’t ignore the lack of efficiency in providing medicine and even overall care in the healthcare industry.

“People call their doctors, make an appointment, drive there, then go to the labs, and then go to the pharmacy, wait in line to see if their prescription is available. If they need a refill, they go to the pharmacy. If there’s no refill, the pharmacy sends a message to the doctor,” Wenbo exclaims. “And then everyone goes back and forth, back and forth; there are huge inefficiencies. And these are sick people.”

Wenbo began to address the lags in communication with evolving technologies when he launched his own pharmacy, Cherry Street with technologies the behemoth healthcare system wouldn’t embrace as quickly, if at all. Next, he took a swing at the financial disconnect affecting many of his patients.

“I saw daily that people were choosing between either food, electricity, clothes, rent, or medications. I think life is hard enough as is and when people have to choose between life and death, versus paying their rent or buying food, to me personally, I don’t think that’s the right thing to do, especially in the wealthiest country in the world.”

Step one, he made delivery free. Keeping people current with their treatments without having to schedule transportation has reduced the impact on his patient’s tremendously.

Next, he launched a non-profit, Cherry Care, that covers a copay assistance program that covers copays for those who qualify.

Not only is Cherry Street supporting those in desperate need, it also saves Cherry Street on huge marketing costs. Large chains offer one-time rewards and spend gobs on marketing programs to acquire customers. “What happens if a customer’s copay is $200 and you give them a one-time coupon for $100 off for being a new customer. You give them 50% off for the first month, but what about next month? The customer is likely to leave to look for the next best discount,” Wenbo poses.

He finishes, “Cherry Street’s copay assistant program costs less than marketing and gives patients the service they cannot get anywhere else, which ensures their ongoing loyalty.”

One customer shared, “I appreciate the free deliveries, but the copay assistance part has really ‘spoiled’ my parents because now they don’t have to choose between going with an inferior treatment option. Now they’re able to access a whole world of treatment that they can suddenly afford.

With such a groundbreaking model, why isolate it in Tulare, California, a population hovering under 60,000? Wenbo thought this through as well!

“Most startups choose big cities, Chicago, New York, San Francisco, Los Angeles, to be in these financial mega-hubs. But, I think you have to go where the business is; where the supply and demand offers you the best rate of return for your investment. Here in the Central Valley there’s such a high demand for healthcare. And there’s such a low supply that when you go in and you start innovating, then you are really able to not only change the landscape of healthcare, but you’re also able to make a very big, meaningful impact on your community as well.”

Over 100,000 free deliveries have been made since the program launched and over $75,000 of prescriptions have been filled using Cherry Care which is approximately $1.25 per capita in the entire city to keep a community healthy and a profitable enterprise going.

Recently, Cherry Street was able to assist a resident at a nursing home adjacent to one heavily impacted by COVID-19. No one in the home could get out to access patient medications. Cherry Street’s doctor was able to visit at no cost and get her the diabetic-insulin treatment she needed while covering the $500 copay.

On all levels, personal and community, the Cherry Street model is providing positive benefits. And Wenbo doesn’t see the advancement of health services stopping any time soon.

“Not long from now, our health monitoring apps will be connected to our healthcare providers,” says Wenbo. “So, if your kidneys are starting to fail, or you’re getting a build-up of cholesterol, the network can notify us and you’ll get a call from our providers. They’ll say, ‘Hey, what’s going on? Is it not working for you?’ And they can make adjustments before there are problems.”

“I know this sounds like something from the future, but it’s all possible right now, today, and with enough attention, it can be available globally,” states Wenbo. “That’s why I’m marketing a raise on MicroVentures; I want the world to know these innovations are coming and cannot be stopped. I want partners, I want people who believe like I do, that we don’t have to wait for politicians, or enormous medical institutions, or the entire healthcare industrial complex to start doing the right thing. It’s up to us and now is the time.”

Invest in Cherry Street to Make Healthcare More Accessible and Affordable

Our MicroVentures campaign just launched and is available to review!

Important to note are all the nuanced adjustments to the care delivery model and our profound impact on profitability. Further expansion plans for our pharmacy model include adding licensed physicians to our network and providing care while expanding our locations into communities that share the economic need for services.

Explore the campaign page, ask questions, and subscribe to our updates!

If you choose to invest, Wenbo would like to thank you personally, so be sure to include why you invested and he’ll reach out to thank you.

If you have any questions, reach out to us!