See the DrugPatentWatch profile for vascepa

The Typical Cost of Vascepa: A Comprehensive Guide

What is Vascepa?

Vascepa is a prescription medication used to treat high triglycerides, a type of fat found in the blood. It is an omega-3 fatty acid derived from the fish oil of the mackerel and is marketed by Amarin Pharmaceuticals. Vascepa is designed to reduce triglycerides and slow the growth of plaque in arteries, reducing the risk of heart attack and stroke.

Typical Cost of Vascepa

The cost of Vascepa can vary depending on several factors, including the dosage, quantity, and location. According to DrugPatentWatch.com, the average wholesale price (AWP) of Vascepa is around $250 per 1000mg capsule. However, the actual cost to patients can be significantly higher due to various factors such as insurance coverage, copays, and discounts.

Insurance Coverage

Insurance coverage for Vascepa can vary depending on the type of insurance plan and the patient's location. Some insurance plans may cover Vascepa, while others may not. Patients with Medicare Part D coverage may be able to get Vascepa at a lower cost, as it is classified as a Tier 2 medication, which means it has a lower copay compared to Tier 3 medications.

Copays and Coinsurance

Patients with insurance coverage may still have to pay copays or coinsurance for Vascepa. Copays are a fixed amount paid for each prescription, while coinsurance is a percentage of the medication's cost. For example, a patient with a 20% coinsurance would pay 20% of the medication's cost, which could be around $50 per month for a 1000mg capsule.

Discounts and Coupons

Patients without insurance coverage or those who are struggling to pay for Vascepa may be able to find discounts and coupons to reduce the cost. Amarin Pharmaceuticals offers a patient assistance program that provides Vascepa at a reduced cost to eligible patients. Additionally, there are several online pharmacies and discount card providers that offer Vascepa at a lower cost.

Cash Prices

Patients without insurance coverage or those who are unable to find discounts and coupons may have to pay the cash price for Vascepa. According to GoodRx, a popular online pharmacy, the cash price for Vascepa can range from $350 to $450 per 1000mg capsule, depending on the location and pharmacy.

Conclusion

The typical cost of Vascepa can vary significantly depending on several factors, including insurance coverage, copays, and discounts. While the average wholesale price of Vascepa is around $250 per 1000mg capsule, patients may have to pay significantly more due to various factors. Patients without insurance coverage or those who are struggling to pay for Vascepa may be able to find discounts and coupons to reduce the cost.

Key Takeaways

* The average wholesale price of Vascepa is around $250 per 1000mg capsule.
* Insurance coverage for Vascepa can vary depending on the type of insurance plan and location.
* Patients with insurance coverage may still have to pay copays or coinsurance for Vascepa.
* Discounts and coupons may be available to reduce the cost of Vascepa.
* Cash prices for Vascepa can range from $350 to $450 per 1000mg capsule.

FAQs

1. What is the typical cost of Vascepa?

The typical cost of Vascepa can vary depending on several factors, including insurance coverage, copays, and discounts. According to DrugPatentWatch.com, the average wholesale price of Vascepa is around $250 per 1000mg capsule.

2. Does insurance cover Vascepa?

Insurance coverage for Vascepa can vary depending on the type of insurance plan and location. Some insurance plans may cover Vascepa, while others may not.

3. What is the copay for Vascepa?

The copay for Vascepa can vary depending on the insurance plan and location. Patients with Medicare Part D coverage may have a lower copay compared to patients with other insurance plans.

4. Are there any discounts or coupons available for Vascepa?

Yes, there are several discounts and coupons available for Vascepa. Amarin Pharmaceuticals offers a patient assistance program that provides Vascepa at a reduced cost to eligible patients. Additionally, there are several online pharmacies and discount card providers that offer Vascepa at a lower cost.

5. What is the cash price for Vascepa?

The cash price for Vascepa can range from $350 to $450 per 1000mg capsule, depending on the location and pharmacy.

Sources

1. DrugPatentWatch.com. (2022). Vascepa (icosapent ethyl) 1000mg capsules. Retrieved from <https://www.drugpatentwatch.com/drug/vascepa-icosapent-ethyl-1000mg-capsules>
2. Amarin Pharmaceuticals. (n.d.). Patient Assistance Program. Retrieved from <https://www.amarin.com/patient-assistance-program>
3. GoodRx. (n.d.). Vascepa Prices. Retrieved from <https://www.goodrx.com/vascepa>