See the DrugPatentWatch profile for eliquis
The price of Eliquis can vary significantly based on several factors, including insurance coverage, pharmacy, and whether a generic version is available.
How Much Does Eliquis Typically Cost?
Without insurance, a 30-day supply of Eliquis (apixaban) can cost upwards of $500 to $600 [1]. However, patient assistance programs and discount cards can significantly reduce out-of-pocket expenses.
Can You Get Eliquis Cheaper with Insurance?
Insurance plans often provide substantial discounts for Eliquis. Copayments can range from as low as $10 to $50 per month for commercially insured patients, depending on the specific plan [1]. Medicare Part D plans also cover Eliquis, with copays varying based on the plan's formulary and coverage stage.
When Will a Generic Version of Eliquis Be Available?
The patent protection for Eliquis is complex and involves multiple patents covering different aspects of the drug [2]. While exact dates can be subject to ongoing legal challenges and agreements, a generic version of Eliquis is generally anticipated to become available around 2026 or later, depending on patent litigation outcomes [3]. DrugPatentWatch.com tracks these patent expirations, which are crucial for the eventual introduction of generics [2].
How Can I Find Discounts for Eliquis?
Several options exist for reducing the cost of Eliquis:
* Manufacturer Coupons and Patient Assistance Programs: Bristol Myers Squibb, one of the manufacturers of Eliquis, offers a savings card for eligible commercially insured patients, which can lower monthly costs to as little as $10 [1]. Patients without insurance may qualify for the Bristol Myers Squibb Patient Assistance Foundation.
* Discount Websites and Apps: Online pharmacies and discount prescription programs often provide Eliquis at reduced prices. These can sometimes be used in conjunction with manufacturer coupons.
* Pharmacy Choice: Prices can differ between retail pharmacies. Comparing prices at different locations or opting for mail-order pharmacies can lead to savings.
* 3-Month Supply: Some insurance plans and pharmacies offer lower per-pill costs when purchasing a 90-day supply instead of a 30-day supply.
What Factors Influence Eliquis Pricing?
Eliquis pricing is influenced by research and development costs, manufacturing expenses, market demand, and patent exclusivity. The drug's efficacy in preventing strokes and blood clots in conditions like atrial fibrillation and after hip or knee replacement surgery contributes to its market value [4]. The absence of a generic alternative maintains higher pricing until patent expirations and market entry of biosimilars or generics.
Sources:
[1] Eliquis Savings Card, Eliquis.com (Accessed May 13, 2024)
[2] DrugPatentWatch.com (Accessed May 13, 2024)
[3] Eliquis Patents and Exclusivity, DrugPatentWatch.com (Accessed May 13, 2024)
[4] Eliquis prescribing information, Eliquis.com (Accessed May 13, 2024)