Cost of Lurasidone in 2025: Discounts and Resources for Savings
The Cost of Lurasidone (Latuda): Breaking Down the Numbers
Lurasidone, a medication used to treat certain mental health conditions, comes with a varying price tag, depending on factors such as dosage, insurance coverage, and the pharmacy used.
Without insurance, a 30-day supply of Lurasidone 40 mg can cost around $1,300 to $1,700. However, with the use of coupons from services like GoodRx, the price can be reduced to approximately $1,368.78 for 30 tablets.
When it comes to insurance, the cost of Lurasidone can vary significantly. For instance, in Medicare Part D plans like Tufts Medicare Preferred or Moda Health formularies, Lurasidone often falls into higher tiers (Tier 4 or 5), requiring patients to pay a percentage of the cost, typically around 33% to 50% of the drug cost. This percentage can be subject to quantity limits and prior authorization.
Out-of-pocket copays for Lurasidone can also range widely, with some plans capping coinsurance at a dollar amount, such as Moda Health's formulary, which lists 40% up to $250 for tiers 3-5. As a result, the price for a 30-day supply by insurance plan may be anywhere from a few hundred dollars to near a thousand dollars monthly, depending on coverage specifics.
Several factors influence the cost of Lurasidone: insurance coverage and formulary tier, dosage and quantity limits, use of coupons or discount programs, patent status and generic availability, pharmacy type (retail vs. mail order), and prior authorization requirements.
It's essential to consult a doctor, pharmacist, or insurance provider to understand the cost of Lurasidone with or without insurance. Financial and insurance assistance can be found on websites like Medicine Assistance Tool and NeedyMeds, which offer details about drug assistance programs, insurance coverage, and savings cards.
If no health insurance is available, consulting a doctor or pharmacist for online pharmacy options is suggested. It's also worth noting that Lurasidone is a generic drug, an exact copy of the active ingredient in brand-name medications, with the brand-name drug for Lurasidone being Latuda.
For those taking Lurasidone long-term, ways to reduce cost include getting a 90-day supply and using a mail-order pharmacy. However, it's crucial to remember that if Lurasidone requires prior authorization but is started without prior approval, the full cost may be paid. Some Medicare plans may also help cover the cost of mail-order medications.
In summary, the cost of Lurasidone can vary, and it's essential to understand the factors that influence its price. Consulting a healthcare professional and insurance provider can provide the most accurate information for each individual's situation. Optum Perks offers coupons to save money on Lurasidone prescriptions, but these cannot be used with insurance benefits or copays.
- Consulting health providers or insurance providers can offer valuable insights into the cost of Lurasidone, particularly when considering factors like insurance coverage, formulary tiers, and copays.
- Out-of-pocket expenses for Lurasidone can be reduced through the use of science-backed therapies-and-treatments, such as switching to a 90-day supply via a mail-order pharmacy.
- In cases where health insurance is absent, exploring alternative options, such as finding lower prices at health-and-wellness focused online pharmacies, may be advantageous.
- It's essential to understand that while Lurasidone is a generic drug, the brand-name version of this medication is called Latuda, and its price may differ depending on the type of health providers and healthinsurance that cover the medication.
