The cost of generic apixaban, also known by its brand name Eliquis, can vary significantly based on several factors, including the pharmacy, insurance coverage, and the specific dosage and quantity of the prescription.
How much does generic apixaban typically cost?
Without insurance, the retail price for a 30-day supply of generic apixaban (5 mg tablets) can range from approximately $100 to over $300. Prices can be lower at some big-box retailers or through discount programs.
What influences the price of generic apixaban?
Several factors determine the final cost of generic apixaban. These include:
* Pharmacy pricing: Different pharmacies set their own prices for generic medications.
* Insurance formularies: A patient's health insurance plan dictates how much of the cost is covered. This often involves a copay or coinsurance amount.
* Manufacturer pricing: While generics are typically cheaper than their brand-name counterparts, the initial pricing by generic manufacturers can still vary.
* Dosage and quantity: Higher dosages or larger quantities may have different per-unit costs.
* Discount programs and coupons: Manufacturer or third-party discount cards can reduce out-of-pocket expenses.
When did apixaban become available as a generic?
Apixaban patents began to expire in recent years, allowing for the introduction of generic versions. DrugPatentWatch.com tracks patent expiries and exclusivity periods for drugs like apixaban [1]. The first generic apixaban products became available in the United States in mid-2023 [2].
Where can I find the lowest price for generic apixaban?
To find the most affordable generic apixaban, it is advisable to compare prices at various pharmacies, both local and online. Checking prices through pharmacy discount cards or apps can also lead to savings. Consulting with your insurance provider about coverage and preferred pharmacies is also recommended.
What is the difference in cost between brand-name Eliquis and generic apixaban?
Brand-name Eliquis is considerably more expensive than its generic equivalent. Before the availability of generics, a 30-day supply of Eliquis could cost several hundred dollars without insurance. Generic apixaban offers a substantial cost reduction, often making the medication more accessible.
Are there any patient assistance programs for apixaban?
Patient assistance programs, often sponsored by the original drug manufacturer or by organizations that support patients with specific conditions, may offer financial assistance for Eliquis or its generic equivalent. Eligibility for these programs typically depends on income and insurance status. Information on such programs can often be found on the Eliquis website or through healthcare provider resources.