Independent Development Accounts
The Connecticut IDA program is an initiative of the CT Department of Labor which strengthens families and communities by facilitating self-sufficiency and economic stability through financial education and asset development.
Our United Way and Liberty Bank partnership features a special interest bearing savings account which offers a dollar-to-dollar match up to $1000 by each Liberty Bank and United Way to assist low income families saving to buy a first home. Participants must meet with a case manager, make regular contributions to the account and complete courses on topics such as setting up a budget and understanding the mortgage process.
For more information about the program or enrollment call Antonio Gooding at Libery Bank at 860.892.2507.
FamilyWize Prescription Drug Discount Cards
FamilyWize Prescription Drug Discounts Cards are distributed by United Way throughout our community. The FamilyWize card helps lower the cost of medicine by an average of 45% or more for people without insurance or who take medications not covered by their plan. These discount cards can be used by everyone in the community, not just people without insurance. They can even be used by people with health benefits, including Medicaid and Medicare. To find out if your pharmacy participates in the FamilyWize network, please click here.
The cards are similar to insurance in that they are show to a pharmacist who then offers a discount which helps clients better afford their prescription medications. It is good for several years and an entire family can use it, even if members have different last names. To date, this program has saved New London County residents a total of $2,157,810 on their prescription medications!
To print a card text the word “family” to 700700 and get a free FamilyWize Prescription Discount Card sent to your cell phone by text. Then simply show the text to your pharmacist and they will automatically apply the FamilyWize discount to the cost of your medicine. To learn more about the program and where cards can be used visit the FamilyWize website.