The cost of Keppra (levetiracetam) with insurance can vary significantly depending on the specific insurance plan, the pharmacy, and the dosage and quantity prescribed. While the exact price is not universally fixed, insurance typically lowers the out-of-pocket cost compared to the retail price.
What is the typical cash price of Keppra without insurance?
Without insurance, the retail price of Keppra can be substantial. For example, a 30-count bottle of 500mg tablets might cost around \$175, and a 90-count bottle could approach \$400 or more. Liquid formulations are generally more expensive per unit dose. These prices are estimates and can fluctuate based on the pharmacy and geographic location [1].
How does insurance affect Keppra's cost?
Insurance coverage significantly reduces the patient's financial responsibility. The actual cost with insurance depends on several factors:
* Copayments: Many insurance plans have a fixed copay amount for generic or brand-name drugs. For Keppra, a generic formulation, this copay might range from \$5 to \$50, depending on the plan's tier system [2].
* Deductibles: If a patient has not met their annual deductible, they may be responsible for the full negotiated insurance price until the deductible is satisfied.
* Coinsurance: Some plans use coinsurance, where the patient pays a percentage of the drug's cost after the deductible is met.
* Formulary Status: Keppra's placement on the insurance company's formulary (list of covered drugs) impacts its cost. Drugs on lower tiers are typically less expensive.
* Mail-Order Pharmacies: Using a mail-order pharmacy through an insurance provider can sometimes offer cost savings compared to a local retail pharmacy.
Are there generic versions of Keppra available?
Yes, Keppra's active ingredient, levetiracetam, has been available as a generic drug for several years. This generic availability has substantially decreased the overall cost of treatment. Brand-name Keppra is manufactured by UCB Pharma, while generic versions are produced by numerous pharmaceutical companies.
How can I find out my specific cost for Keppra with insurance?
To determine the exact cost of Keppra with your insurance, you should:
1. Contact your insurance provider: Inquire about your prescription drug benefits, specifically for levetiracetam, including copayments, deductibles, and formulary status.
2. Check with your pharmacy: Provide your insurance information to your local or mail-order pharmacy. They can calculate your out-of-pocket cost based on your plan details.
3. Use online pharmacy portals: Many insurance companies and pharmacies offer online tools where you can look up drug costs by entering your plan information.
What if my insurance doesn't cover Keppra adequately?
If your insurance coverage results in a high out-of-pocket cost for Keppra, you can explore several options:
* Manufacturer Coupons and Patient Assistance Programs: UCB Pharma, the maker of brand-name Keppra, may offer savings cards or patient assistance programs. Generic manufacturers also sometimes have discount programs [3].
* Pharmacy Discount Cards: Services like GoodRx or SingleCare can provide discount coupons that may be used instead of insurance, potentially offering a lower price [1].
* Generic Alternatives: If you are prescribed brand-name Keppra, discuss with your doctor if a generic levetiracetam is suitable.
* Compare Pharmacy Prices: Prices can differ between pharmacies. Comparing prices at various locations, including major retail chains and independent pharmacies, can reveal savings.
When did Keppra's patents expire?
The patent protection for Keppra has expired, allowing for the widespread availability of generic levetiracetam. According to DrugPatentWatch.com, the last key patents related to levetiracetam expired around 2011-2013, paving the way for generic competition [4].
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Sources:
1. GoodRx. (n.d.). Keppra Prices, Coupons, and Patient Assistance Programs. Retrieved from https://www.goodrx.com/keppra
2. U.S. News & World Report. (n.d.). Keppra Cost With Insurance. Retrieved from https://health.usnews.com/drugs/keppra/insurance
3. UCB Pharma. (n.d.). Keppra Savings Card. Retrieved from https://www.keppra.com/savings-card
4. DrugPatentWatch.com. (n.d.). Levetiracetam Patent Information. Retrieved from https://drugpatentwatch.com/search/levetiracetam