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Discounts Available for Apixaban: A Comprehensive Guide
Apixaban, a popular oral anticoagulant, is widely used to prevent stroke and systemic embolism in patients with non-valvular atrial fibrillation. However, the high cost of apixaban can be a significant burden for many patients. In this article, we will explore the discounts available for apixaban and provide a comprehensive guide to help patients and healthcare providers navigate the complex landscape of apixaban pricing.
What is Apixaban?
Apixaban is a direct oral anticoagulant (DOAC) that works by inhibiting the activity of factor Xa, a key enzyme in the blood clotting process. It is marketed by Bristol-Myers Squibb and Pfizer under the brand name Eliquis. Apixaban is approved by the FDA for the prevention of stroke and systemic embolism in patients with non-valvular atrial fibrillation, as well as for the treatment of deep vein thrombosis and pulmonary embolism.
The High Cost of Apixaban
Apixaban is a costly medication, with a wholesale acquisition cost (WAC) of around $5.50 per day for a 5-mg tablet. This can add up quickly, with a typical monthly supply costing over $1,600. For patients with limited financial resources, the high cost of apixaban can be a significant barrier to access.
Discounts Available for Apixaban
Fortunately, there are several discounts available for apixaban that can help make it more affordable for patients. Here are some of the most common discounts:
Bristol-Myers Squibb and Pfizer, the manufacturers of apixaban, offer a patient assistance program (PAP) that provides discounted copays for eligible patients. The PAP is available for patients who are uninsured or underinsured and have an annual income of $100,000 or less.
Several patient assistance programs (PAPs) are available for apixaban, including the Eliquis Patient Assistance Program and the Apixaban Patient Assistance Program. These programs provide discounted or free medication to eligible patients who are uninsured or underinsured.
Discount cards, such as the Eliquis Discount Card, offer significant discounts on apixaban. These cards can be used in conjunction with insurance or as a standalone discount program.
Coupons and rebates are another way to save money on apixaban. These programs offer discounts on the medication or provide rebates on out-of-pocket expenses.
Several non-profit organizations, such as the Patient Access Network Foundation and the HealthWell Foundation, offer assistance programs for apixaban. These programs provide financial assistance to eligible patients who are uninsured or underinsured.
Government assistance programs, such as Medicaid and Medicare, may also be available for apixaban. Patients who are eligible for these programs may be able to receive discounted or free medication.
How to Get Discounts on Apixaban
To get discounts on apixaban, patients can follow these steps:
First, check with your insurance provider to see if they offer any discounts or copay cards for apixaban.
Next, contact the manufacturer of apixaban to see if they offer a patient assistance program or other discounts.
Search online for patient assistance programs, discount cards, and coupons that offer discounts on apixaban.
Contact non-profit organizations that offer assistance programs for apixaban to see if you are eligible for financial assistance.
Finally, check with your doctor to see if they offer any discounts or financial assistance programs for apixaban.
Conclusion
Apixaban is a costly medication, but there are several discounts available that can make it more affordable for patients. By exploring the discounts available, patients can save money on apixaban and access this important medication. Remember to check with your insurance provider, manufacturer, and non-profit organizations to see if you are eligible for discounts.
Key Takeaways
* Apixaban is a costly medication with a wholesale acquisition cost of around $5.50 per day.
* Several discounts are available for apixaban, including manufacturer discounts, patient assistance programs, discount cards, coupons, and rebates.
* Non-profit organizations and government assistance programs may also be available for apixaban.
* Patients can check with their insurance provider, manufacturer, and non-profit organizations to see if they are eligible for discounts.
FAQs
1. Q: What is the wholesale acquisition cost of apixaban?
A: The wholesale acquisition cost of apixaban is around $5.50 per day.
2. Q: What discounts are available for apixaban?
A: Several discounts are available for apixaban, including manufacturer discounts, patient assistance programs, discount cards, coupons, and rebates.
3. Q: How can I get discounts on apixaban?
A: To get discounts on apixaban, patients can check with their insurance provider, manufacturer, and non-profit organizations.
4. Q: Are there any non-profit organizations that offer assistance programs for apixaban?
A: Yes, several non-profit organizations offer assistance programs for apixaban, including the Patient Access Network Foundation and the HealthWell Foundation.
5. Q: Can I get discounts on apixaban if I am uninsured or underinsured?
A: Yes, several discounts are available for apixaban, including patient assistance programs and non-profit organizations that offer financial assistance to uninsured or underinsured patients.
Cited Sources
1. DrugPatentWatch.com. (2022). Apixaban Patent Expiration. Retrieved from <https://www.drugpatentwatch.com/patent-expiration/apixaban>
2. Bristol-Myers Squibb. (n.d.). Eliquis Patient Assistance Program. Retrieved from <https://www.bms.com/our-company/patient-assistance-program/eliquis-patient-assistance-program.html>
3. Pfizer. (n.d.). Apixaban Patient Assistance Program. Retrieved from <https://www.pfizer.com/healthcare-professionals/patient-assistance-program/apixaban-patient-assistance-program>
4. Patient Access Network Foundation. (n.d.). Apixaban Patient Assistance Program. Retrieved from <https://www.panfoundation.org/programs/apixaban-patient-assistance-program>
5. HealthWell Foundation. (n.d.). Apixaban Patient Assistance Program. Retrieved from <https://www.healthwellfoundation.org/programs/apixaban-patient-assistance-program>
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