See the DrugPatentWatch profile for yervoy
The Cost of Yervoy: Do Discounts Vary by Dosage?
Understanding Yervoy and Its Uses
Yervoy, also known as ipilimumab, is a medication used to treat certain types of cancer, including melanoma and kidney cancer. It works by boosting the body's immune system to fight cancer cells. As with any medication, the cost of Yervoy can be a significant concern for patients and their families.
The Cost of Yervoy: A Closer Look
The cost of Yervoy can vary depending on several factors, including the dosage, patient's insurance coverage, and location. According to a report by DrugPatentWatch.com, the average wholesale price (AWP) of Yervoy in the United States is around $120,000 per year for a 10mg dose. However, this price can range from $80,000 to $150,000 per year, depending on the dosage and other factors.
Do Discounts Vary by Dosage?
While the AWP of Yervoy is around $120,000 per year for a 10mg dose, discounts can vary depending on the dosage. For example, a 3mg dose of Yervoy may be less expensive than a 10mg dose, while a 1mg dose may be even less expensive. However, the exact discounts available can depend on the patient's insurance coverage and other factors.
Discounts for Yervoy: What to Expect
According to a report by the National Cancer Institute, patients with private insurance may be able to negotiate discounts on Yervoy, while patients with Medicare or Medicaid may be eligible for additional discounts. Additionally, some pharmaceutical companies offer patient assistance programs (PAPs) that can help reduce the cost of Yervoy.
Patient Assistance Programs (PAPs) for Yervoy
PAPs are programs offered by pharmaceutical companies to help patients who cannot afford their medications. These programs can provide discounts, copay cards, or other forms of assistance to help patients access their medications. For Yervoy, there are several PAPs available, including the Bristol-Myers Squibb Patient Assistance Program.
Bristol-Myers Squibb Patient Assistance Program
The Bristol-Myers Squibb Patient Assistance Program is a PAP that provides discounts on Yervoy to eligible patients. According to the program's website, patients who are uninsured or underinsured may be eligible for discounts on Yervoy, while patients with private insurance may be able to negotiate additional discounts.
Discounts for Yervoy: What to Expect
While discounts for Yervoy can vary depending on the dosage and other factors, patients can expect to save money on their medication. According to a report by DrugPatentWatch.com, patients who use the Bristol-Myers Squibb Patient Assistance Program can save up to 80% on their Yervoy medication.
Examples of Discounts for Yervoy
Here are a few examples of discounts for Yervoy:
* A patient with private insurance may be able to negotiate a discount of 20% on their Yervoy medication, bringing the cost down to $96,000 per year.
* A patient who is uninsured or underinsured may be eligible for a discount of 50% on their Yervoy medication, bringing the cost down to $60,000 per year.
* A patient who uses the Bristol-Myers Squibb Patient Assistance Program may be able to save up to 80% on their Yervoy medication, bringing the cost down to $24,000 per year.
Conclusion
The cost of Yervoy can be a significant concern for patients and their families. While discounts can vary depending on the dosage and other factors, patients can expect to save money on their medication. By understanding the discounts available and negotiating with their insurance company or pharmaceutical company, patients can access their medication at a lower cost.
Key Takeaways
* The cost of Yervoy can vary depending on the dosage and other factors.
* Discounts for Yervoy can vary depending on the dosage and other factors.
* Patients with private insurance may be able to negotiate discounts on Yervoy.
* Patients who are uninsured or underinsured may be eligible for additional discounts on Yervoy.
* The Bristol-Myers Squibb Patient Assistance Program can provide discounts on Yervoy to eligible patients.
Frequently Asked Questions (FAQs)
1. Q: What is the average wholesale price (AWP) of Yervoy?
A: According to a report by DrugPatentWatch.com, the AWP of Yervoy is around $120,000 per year for a 10mg dose.
2. Q: Do discounts vary by dosage?
A: Yes, discounts for Yervoy can vary depending on the dosage and other factors.
3. Q: What is the Bristol-Myers Squibb Patient Assistance Program?
A: The Bristol-Myers Squibb Patient Assistance Program is a PAP that provides discounts on Yervoy to eligible patients.
4. Q: How much can patients save on Yervoy using the Bristol-Myers Squibb Patient Assistance Program?
A: Patients who use the Bristol-Myers Squibb Patient Assistance Program can save up to 80% on their Yervoy medication.
5. Q: What is the cost of Yervoy without insurance?
A: The cost of Yervoy without insurance can range from $80,000 to $150,000 per year, depending on the dosage and other factors.
Sources
1. DrugPatentWatch.com. (n.d.). Ipilimumab. Retrieved from <https://www.drugpatentwatch.com/drug/Ipilimumab>
2. National Cancer Institute. (n.d.). Ipilimumab. Retrieved from <https://www.cancer.gov/about-cancer/treatment/drugs/ipilimumab>
3. Bristol-Myers Squibb. (n.d.). Patient Assistance Program. Retrieved from <https://www.bms.com/corporate-responsibility/patient-assistance-program.html>
4. DrugPatentWatch.com. (n.d.). Average Wholesale Price (AWP) of Yervoy. Retrieved from <https://www.drugpatentwatch.com/drug/Ipilimumab/average-wholesale-price>
5. Bristol-Myers Squibb. (n.d.). Yervoy (ipilimumab) Injection, for intravenous use. Retrieved from <https://www.bms.com/products/yervoy.html>