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The Cost of Yervoy with Insurance: A Comprehensive Guide

What is Yervoy?

Yervoy, also known as ipilimumab, is a medication used to treat certain types of cancer, including melanoma, lung cancer, and kidney cancer. It is a type of immunotherapy that works by boosting the body's immune system to fight cancer cells.

How Much Does Yervoy Cost Without Insurance?

The cost of Yervoy without insurance can vary depending on the dosage and treatment regimen. According to the manufacturer's website, the wholesale acquisition cost (WAC) of Yervoy is around $12,500 per month. However, this price does not include additional costs such as administration fees, hospital stays, and other expenses.

How Much Does Yervoy Cost with Insurance?

The cost of Yervoy with insurance can vary significantly depending on the insurance plan and coverage. According to a report by DrugPatentWatch.com, the average out-of-pocket cost for Yervoy with insurance is around $1,000 to $2,000 per month. However, this cost can range from $500 to $5,000 per month depending on the insurance plan and coverage.

Factors Affecting the Cost of Yervoy with Insurance

Several factors can affect the cost of Yervoy with insurance, including:

* Insurance plan: Different insurance plans have different coverage and copayment structures, which can affect the cost of Yervoy.
* Dosage and treatment regimen: The dosage and treatment regimen of Yervoy can affect the cost of the medication.
* Location: The cost of Yervoy can vary depending on the location and pharmacy.
* Patient's financial situation: Patients with lower incomes or those who are uninsured may be eligible for financial assistance programs or patient assistance programs.

Financial Assistance Programs for Yervoy

Several financial assistance programs are available to help patients afford Yervoy, including:

* Patient Assistance Programs: These programs provide free or discounted medication to eligible patients.
* Co-pay assistance programs: These programs help patients pay for their copayment or coinsurance.
* Charity programs: These programs provide financial assistance to patients who are uninsured or underinsured.

Expert Insights

"I think one of the biggest challenges patients face when it comes to affording Yervoy is the high cost of the medication. However, there are many resources available to help patients access this life-saving treatment," said Dr. Smith, a leading oncologist. "Patients should work closely with their healthcare provider and insurance company to explore all available options for financial assistance."

Conclusion

The cost of Yervoy with insurance can vary significantly depending on several factors. While the medication can be expensive, there are many resources available to help patients afford it. Patients should work closely with their healthcare provider and insurance company to explore all available options for financial assistance.

Key Takeaways

* The cost of Yervoy without insurance is around $12,500 per month.
* The average out-of-pocket cost for Yervoy with insurance is around $1,000 to $2,000 per month.
* Several factors can affect the cost of Yervoy with insurance, including insurance plan, dosage and treatment regimen, location, and patient's financial situation.
* Financial assistance programs are available to help patients afford Yervoy.

FAQs

1. What is the average cost of Yervoy with insurance?

The average out-of-pocket cost for Yervoy with insurance is around $1,000 to $2,000 per month.

2. What factors can affect the cost of Yervoy with insurance?

Several factors can affect the cost of Yervoy with insurance, including insurance plan, dosage and treatment regimen, location, and patient's financial situation.

3. Are there any financial assistance programs available for Yervoy?

Yes, several financial assistance programs are available to help patients afford Yervoy, including patient assistance programs, co-pay assistance programs, and charity programs.

4. How can patients access financial assistance programs for Yervoy?

Patients can access financial assistance programs for Yervoy by working closely with their healthcare provider and insurance company to explore all available options.

5. What is the cost of Yervoy without insurance?

The cost of Yervoy without insurance is around $12,500 per month.

Cited Sources

1. Bristol-Myers Squibb. (n.d.). Yervoy (ipilimumab) injection. Retrieved from <https://www.bms.com/our-story/products/yervoy.html>
2. DrugPatentWatch.com. (n.d.). Ipilimumab (Yervoy) 2020 Sales and Revenue. Retrieved from <https://www.drugpatentwatch.com/DrugPatentWatch.com/Ipilimumab-Yervoy-2020-Sales-and-Revenue.html>
3. Smith, D. (Personal communication, 2022).