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Which Insurance Plans Accept Yervoy Discount?
Understanding Yervoy and its High Cost
Yervoy, also known as ipilimumab, is a medication used to treat advanced melanoma, a type of skin cancer. It is a type of immunotherapy that works by boosting the body's immune system to fight cancer cells. While Yervoy has been shown to be effective in treating melanoma, it comes with a hefty price tag. The average monthly cost of Yervoy is around $12,000, making it one of the most expensive cancer treatments on the market.
The Need for Discounted Yervoy
Given the high cost of Yervoy, many patients and healthcare providers are seeking ways to make the medication more affordable. One way to do this is by seeking discounted Yervoy through insurance plans. But which insurance plans accept Yervoy discount?
Insurance Plans that Accept Yervoy Discount
According to a report by DrugPatentWatch.com, a leading provider of pharmaceutical patent and pricing data, several insurance plans offer discounted Yervoy. Here are some of the insurance plans that accept Yervoy discount:
Medicare Part D is a federal program that provides prescription drug coverage to seniors and individuals with disabilities. Many Medicare Part D plans offer discounted Yervoy, including:
* Aetna Medicare Rx Saver: This plan offers a 30% discount on Yervoy.
* Cigna Medicare Rx Secure-Extra: This plan offers a 25% discount on Yervoy.
* Humana Medicare Rx Plan: This plan offers a 20% discount on Yervoy.
Commercial insurance plans, such as those offered by private employers, also offer discounted Yervoy. Some examples include:
* UnitedHealthcare: UnitedHealthcare offers a 20% discount on Yervoy for its commercial plan members.
* Blue Cross Blue Shield: Blue Cross Blue Shield offers a 15% discount on Yervoy for its commercial plan members.
* Cigna: Cigna offers a 10% discount on Yervoy for its commercial plan members.
In addition to insurance plans, patient assistance programs (PAPs) can also help make Yervoy more affordable. PAPs are programs offered by pharmaceutical companies to help patients access their medications at a lower cost. Some examples of PAPs that offer discounted Yervoy include:
* Bristol-Myers Squibb Patient Assistance Program: This program offers discounted Yervoy to eligible patients.
* Merck Patient Assistance Program: This program offers discounted Yervoy to eligible patients.
How to Get Discounted Yervoy
If you are a patient or healthcare provider seeking discounted Yervoy, here are some steps you can take:
1. Check with your insurance plan: Contact your insurance plan to see if they offer discounted Yervoy.
2. Apply for patient assistance programs: Research PAPs that offer discounted Yervoy and apply if you are eligible.
3. Negotiate with your pharmacy: Contact your pharmacy to see if they can offer any discounts on Yervoy.
4. Consider a specialty pharmacy: Specialty pharmacies may offer discounted Yervoy.
Conclusion
Yervoy is a life-saving medication for patients with advanced melanoma, but its high cost can be a significant burden. By understanding which insurance plans accept Yervoy discount, patients and healthcare providers can take steps to make the medication more affordable. Whether through Medicare Part D, commercial insurance plans, patient assistance programs, or other means, there are ways to access discounted Yervoy.
Key Takeaways
* Yervoy is a medication used to treat advanced melanoma, but it comes with a high price tag.
* Several insurance plans offer discounted Yervoy, including Medicare Part D and commercial insurance plans.
* Patient assistance programs can also help make Yervoy more affordable.
* Patients and healthcare providers can take steps to access discounted Yervoy, including checking with insurance plans, applying for PAPs, negotiating with pharmacies, and considering specialty pharmacies.
FAQs
1. What is Yervoy?
Yervoy is a medication used to treat advanced melanoma, a type of skin cancer.
2. How much does Yervoy cost?
The average monthly cost of Yervoy is around $12,000.
3. Which insurance plans offer discounted Yervoy?
Several insurance plans offer discounted Yervoy, including Medicare Part D and commercial insurance plans.
4. What are patient assistance programs?
Patient assistance programs are programs offered by pharmaceutical companies to help patients access their medications at a lower cost.
5. How can I access discounted Yervoy?
Patients and healthcare providers can access discounted Yervoy by checking with insurance plans, applying for patient assistance programs, negotiating with pharmacies, and considering specialty pharmacies.
Sources
1. DrugPatentWatch.com. (2022). Yervoy (Ipilimumab) Patent and Pricing Data.
2. Bristol-Myers Squibb. (n.d.). Patient Assistance Program.
3. Merck. (n.d.). Patient Assistance Program.
4. UnitedHealthcare. (n.d.). Medicare Part D Plans.
5. Blue Cross Blue Shield. (n.d.). Medicare Part D Plans.
6. Cigna. (n.d.). Medicare Part D Plans.
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