Eliquis® is an expensive brand-name prescription that our clients ask us about quite often. When a Medicare enrollee is taking an expensive prescription like Eliquis it is important to select a Medicare Part D plan that covers the drug well.
Medicare Part D plans are government regulated and, for the most part, they are all structured the same. That said, they each unique in their competitiveness for different lists of prescriptions. We have found that the best way to compare Medicare Part D plans is to use a Medicare Part D cost comparison tool to verify which plans have the drug on formulary.
Eliquis seems to come up a lot for us because it is widely prescribed and it has a hefty price tag of over $450 for a 30-day supply. If you select a Medicare Part D plan that does not have the drug on formulary, then you could wind up paying full price. With the right Medicare Part D plan, the drug cost can be reduced to as low as $42/month.
We can't offer a specific recommendation on a plan that is best for Eliquis and the reasons are numerous. For one, plan availability varies widely depending on location. Additionally, we would want to take all of your medications into account as well as your preferred pharmacy before making a recommendation.
The good news is that we are well-versed in helping with Medicare Part D plan selection. Please don't hesitate to give us a call and we can make sense of your most competitive Medicare Part D options.