Eliquis is a medication used as an anticoagulant to help prevent blood clots. However, it can be quite costly for those who are uninsured. This article will explore the cost of Eliquis without insurance, ways to save money on the medication, and other frequently asked questions about Eliquis.
The Cost of Eliquis Without Insurance
As of 2021, the average cost of Eliquis without insurance is around $550 per month for a standard dosage of 5mg twice a day. This can vary depending on the dosage and quantity prescribed by your doctor. The cost may also differ between pharmacies and regions.
If you require Eliquis for a longer period of time, the cost can add up quickly. Unfortunately, there is no generic version of Eliquis available yet, so the price can be quite high.
Why is Eliquis So Expensive?
The cost of Eliquis is due to several factors, including the cost of research and development, marketing costs, and patent protection. Pharmaceutical companies invest a lot of money into developing new drugs and bringing them to market.
Additionally, the costs associated with clinical trials and marketing campaigns can also drive up the price of a medication. Eliquis is also protected under patent until 2026, which means that there is no competition to drive down the cost.
Ways to Save Money on Eliquis
Although Eliquis can be quite expensive, there are several ways you can save money on the medication. Here are a few tips:
1. Use a Patient Assistance Program
Bristol Myers-Squibb, the manufacturer of Eliquis, offers a patient assistance program for those who qualify. This program provides free medication to eligible patients who have no insurance or cannot afford their medication.
2. Switch to a Different Anticoagulant
There are several other anticoagulants available on the market that may be more affordable than Eliquis. Talk to your doctor about other options that may be suitable for you.
3. Compare Prices at Different Pharmacies
The cost of medication can vary between different pharmacies. Shop around and compare prices to find the best deal.
4. Use a Prescription Discount Card
Prescription discount cards can help you save money on Eliquis and other medications. These cards are free and can provide discounts of up to 80% on prescription drugs.
Frequently Asked Questions about Eliquis
What is Eliquis?
Eliquis is a medication used to prevent blood clots. It belongs to a class of drugs called anticoagulants.
What are the Side Effects of Eliquis?
Common side effects of Eliquis include bleeding, nausea, and fatigue. Serious side effects can include stroke and excessive bleeding.
How Should Eliquis be Taken?
Eliquis should be taken exactly as prescribed by your doctor. It is usually taken twice a day with or without food. Do not stop taking Eliquis without consulting your doctor.
Can Eliquis be Taken with Other Medications?
It is important to tell your doctor about all medications you are currently taking before starting Eliquis. This includes prescription drugs, over-the-counter medications, vitamins, and herbal supplements.
Is Eliquis Covered by Insurance?
Yes, Eliquis is usually covered by insurance. However, the cost varies depending on your insurance plan and the dosage prescribed by your doctor.
Insurance Provider |
Average Cost of Eliquis (5mg twice a day) |
Medicare |
$42 – $480 per month |
Private Insurance |
$0 – $150 per month |
Medicaid |
$0 – $10 per month |
When Should Eliquis be Discontinued?
Eliquis should only be stopped under the guidance of your doctor. Do not stop taking Eliquis without consulting your doctor, as this can increase your risk of blood clots.
Conclusion
Eliquis can be quite expensive without insurance, but there are several ways to save money on the medication. Patient assistance programs, prescription discount cards, and comparing prices at different pharmacies are all viable options. Talk to your doctor about other anticoagulants that may be more affordable. Remember to always take Eliquis as prescribed and to consult your doctor before making any changes to your medication regimen.
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