Synthroid copay card2/19/2023 Tirosint®-SOL is a dye-free levothyroxine oral solution.īecause of their unique manufacturing process and form, these drugs have a high retail cash price of around $165 per month without a discount, and $130 per month with outside discounts. Tirosint® is a dye-free form of levothyroxine that comes in gel capsules. Synthroid® Copay Card and Synthroid® Direct The estimated savings for Levoxyl® using the card ranges from 36% to 75% off the retail cash price, depending on the quantity purchased and the pharmacy where it's purchased.Īpply at the Pfizer Pathways program website to get a Pfizer copay card for Levoxyl. Pfizer, the manufacturer of Levoxyl® brand levothyroxine tablets, has a copay card for patients with insurance. As a Tier 1 or 2 drug, the company ranges from $11 to $33 a month. The retail cash price for Levoxyl® averages $35 per month without a discount or around $20 per month with outside discounts. Here's a rundown of your saving options for brand name levothyroxine drugs. This process bypasses the middlemen and passes the cost savings along to you. With a direct purchase program, you fill your prescription with a designated mail order pharmacy that sources medication directly from the manufacturer. Either way, you pay less than your copay amount. When you use a manufacturer copay card, you pay either a percentage off or a fixed amount for your prescription. If you take a brand name levothyroxine drug like Levoxyl®, Synthroid®, Tirosint®, Tirosint®-SOL, or Unithroid®, one of the best ways to save on the cost of your medication is to utilize manufacturer copay cards and direct purchase programs.Ī copay card (sometimes called a copay coupon) is a special discount card offered by a drug manufacturer that reduces your insurance copay and lowers your out-of-pocket payment. How to save on brand name levothyroxine drugs This price is what you pay for your medication when you purchase it directly from a manufacturer-designated mail order pharmacy. Third, some manufacturers set a direct purchase price. Table: copay tiers for common medications for hypothyroidism The typical company is $105.ĭifferent health plans can assign the same drug to a different tier to complicate things a bit, as you'll see in the following graphic showing the copay tiers for medications used to treat hypothyroidism. Some health plans also have a Tier 4, which typically includes non-preferred brands, drugs with high list prices, and specialty drugs for rare medical conditions.Your health plan may also categorize a drug as Tier 3 if there's a similar drug available at a lower price. Tier 3 typically includes preferred and non-preferred brand name medications with higher list prices.Tier 2 drugs include generic medications with higher list prices and some brand name medications that your health plan labels as "preferred" brands.According to the Kaiser Family Foundation, the typical copay for a Tier 1 drug is around $11. Tier 1 drugs typically include lower-priced generic medications and inexpensive brands.Here's what a typical three- or four-tier copayment formulary looks like, along with the average copay amounts: Inexpensive generics are at lower copay tiers, and more costly brand-name drugs are in higher copay tiers. A formulary is a list of medications your health plan has approved for coverage.Įach health plan assigns a drug to a particular copay tier based on a drug's manufacturer list price and other factors. That's the amount you pay for a drug if your health plan covers the drug on its formulary. Second, there's the insurance copayment price (known as the "copay"). (By the way, before you pay retail for any prescription medication, you should always compare prices and search for discounts using a free service like GoodRx or SingleCare.) The discounted retail price after taking advantage of outside coupons and discount programs.The retail cash price you pay without using any discounts.When it comes to a retail cash price, we can further break it down into two different retail prices: The retail price is less than the "list price" the manufacturer sets for a drug. There are three categories of prices for your thyroid medications: retail cash price, insurance copayment price, and direct purchase price.įirst, the retail cash price is what you pay at a pharmacy if you are uninsured or not using your insurance. The Ultimate Guide To Hypothyroidism Medication
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