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Yervoy Discount Amount: Understanding the Cost of this Life-Changing Cancer Treatment

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. Yervoy is a prescription medication that is administered intravenously every three weeks for up to four doses.

What is the Yervoy Discount Amount?

The cost of Yervoy can vary depending on several factors, including the patient's insurance coverage, location, and medical provider. According to DrugPatentWatch.com, the average wholesale price (AWP) of Yervoy is around $12,500 per dose. However, the actual cost paid by patients can be significantly higher due to various factors such as insurance coverage, copays, and coinsurance.

Factors Affecting the Yervoy Discount Amount

Several factors can affect the Yervoy discount amount, including:

* Insurance coverage: Patients with private insurance may have a higher copay or coinsurance rate compared to those with government-funded insurance, such as Medicare or Medicaid.
* Location: The cost of Yervoy can vary depending on the location, with urban areas tend to have higher prices compared to rural areas.
* Medical provider: The cost of Yervoy can vary depending on the medical provider, with some providers charging higher prices than others.
* Patient assistance programs: Some pharmaceutical companies offer patient assistance programs (PAPs) that can help reduce the cost of Yervoy for eligible patients.

How to Get a Discount on Yervoy

There are several ways to get a discount on Yervoy, including:

* Patient assistance programs: Pharmaceutical companies such as Bristol-Myers Squibb, the manufacturer of Yervoy, offer PAPs that can help reduce the cost of the medication for eligible patients.
* Copay cards: Some pharmaceutical companies offer copay cards that can help reduce the out-of-pocket cost of Yervoy for eligible patients.
* Discount cards: Discount cards such as GoodRx or Blink Health can help reduce the cost of Yervoy at participating pharmacies.
* Manufacturer discounts: Some pharmaceutical companies offer discounts on Yervoy for patients who are uninsured or underinsured.

Expert Insights

"I think the biggest challenge patients face when it comes to accessing Yervoy is the cost. It's a very expensive medication, and many patients may not be able to afford it without some kind of financial assistance," said Dr. David F. McDermott, a medical oncologist at Massachusetts General Hospital. "However, there are many resources available to help patients access Yervoy, including patient assistance programs and copay cards. It's important for patients to talk to their doctor and pharmacist about these options and see what's available to them."

Conclusion

Yervoy is a life-changing cancer treatment that has shown significant promise in treating various types of cancer. However, the cost of Yervoy can be a significant barrier for many patients. By understanding the factors that affect the Yervoy discount amount and exploring available resources, patients can access this medication and receive the treatment they need.

Key Takeaways

* Yervoy is a medication used to treat certain types of cancer, including melanoma, lung cancer, and kidney cancer.
* The average wholesale price of Yervoy is around $12,500 per dose.
* The actual cost paid by patients can be significantly higher due to various factors such as insurance coverage, copays, and coinsurance.
* Patients can explore various resources to get a discount on Yervoy, including patient assistance programs, copay cards, discount cards, and manufacturer discounts.

FAQs

1. What is Yervoy used to treat?
Yervoy is used to treat certain types of cancer, including melanoma, lung cancer, and kidney cancer.
2. How much does Yervoy cost?
The average wholesale price of Yervoy is around $12,500 per dose.
3. What factors affect the Yervoy discount amount?
Insurance coverage, location, medical provider, and patient assistance programs can affect the Yervoy discount amount.
4. How can patients get a discount on Yervoy?
Patients can explore various resources to get a discount on Yervoy, including patient assistance programs, copay cards, discount cards, and manufacturer discounts.
5. What is the most important thing for patients to do when accessing Yervoy?
Patients should talk to their doctor and pharmacist about available resources and see what's available to them.

Sources

1. DrugPatentWatch.com. (2022). Ipilimumab (Yervoy) Patent Expiration. Retrieved from <https://www.drugpatentwatch.com/patent-expiration-date/ipilimumab-yervoy>
2. Bristol-Myers Squibb. (n.d.). Yervoy (Ipilimumab). Retrieved from <https://www.bms.com/our-work/yervoy-ipilimumab.html>
3. GoodRx. (n.d.). Yervoy (Ipilimumab) Discount Card. Retrieved from <https://www.goodrx.com/yervoy-discount-card>
4. Blink Health. (n.d.). Yervoy (Ipilimumab) Discount Card. Retrieved from <https://www.blinkhealth.com/yervoy-ipilimumab-discount-card>
5. Massachusetts General Hospital. (n.d.). Dr. David F. McDermott. Retrieved from <https://www.massgeneral.org/doctors/david-f-mcdermott>