Definition - What does Prescription Medication mean?
A prescription medication is a medication that can only be obtained if a physician writes a note to a pharmacy granting permission for a particular person to obtain a certain amount of the medication. In the context of insurance, prescription drugs are often extremely expensive and insurance helps people to afford them.
Insuranceopedia explains Prescription Medication
Some prescription drugs can costs hundreds of dollars per pill and would be out of reach financially for many people without insurance. For this reason, many people make sure that their health insurance policy provides them with prescription coverage before they agree to purchase it. Physicians typically prescribe medications on an as-needed basis to patients who have specific needs due to having a certain injury or illness. There are many different medications that qualify as prescriptions.