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Cobenfy (xanomeline/trospium chloride) and cost

Cobenfy (xanomeline/trospium chloride) and cost

The cost of Cobenfy can vary based on several factors, including your insurance coverage. Coupons and drug savings programs can also lower the price you'll pay for Cobenfy.Cobenfy cost and savingsAs with all medications, the cost of Cobenfy can vary. Factors that may affect the price for Cobenfy [link to head term] you'll pay include:your treatment planyour insurance coveragethe pharmacy you usethe cost of the visit to your healthcare professional to receive doses of Cobenfywhether Cobenfy has a savings program (see the 'Financial and insurance assistance' section)To find out what the cost of Cobenfy will be for you, talk with your doctor, pharmacist, or insurance provider. Brand-name vs. generic drugsCobenfy is only available as a brand-name drug. It doesn't come in a generic version. A generic drug is an exact copy of the active ingredient in a brand-name medication.Generics tend to cost less than brand-name drugs.WHY ARE COSTS DIFFERENT FOR BRAND-NAME DRUGS VS. GENERIC DRUGS?Brand-name drugs can be expensive because of the research needed to test their safety and effectiveness. The manufacturer of a brand-name drug can sell it for up to 20 years. When the brand-name drug's patent expires, multiple manufacturers can create generic versions. This marketplace competition may lead to lower costs for generics. Also, because generics contain the same active ingredients as brand-name drugs, they don't require the same costly testing.Ways to reduce long-term drug costsIf you take Cobenfy long term, you may be able to lower its cost in the following ways.Getting a 3-month supplyYou may be able to get a 90-day supply of Cobenfy. If approved by your insurance company, getting a 90-day supply of the drug could reduce your number of trips to the pharmacy and help lower the cost. If you're interested in this option, check with your doctor, pharmacist, or insurance provider.Using a mail-order pharmacyCobenfy may be available through a mail-order pharmacy. Using this type of service may help lower the drug's cost and allow you to receive your medication without leaving home. Some Medicare plans may help cover the cost of mail-order medications. You may also be able to get a 90-day supply of the drug via mail order.If you don't have health insurance, talk with your doctor or pharmacist. They may be able to suggest online pharmacy options that could work for you.Financial and insurance assistanceIf you need financial support to pay for Cobenfy, or if you need help understanding your insurance coverage, help is available. For example:A program called Cobenfy Cares is available for Cobenfy. For more information and to find out whether you're eligible for support, call 877-262-3639 or visit the program website.Some websites provide details about drug assistance programs, ways to make the most of your insurance coverage, and links to savings cards and other services. Two such websites are: Medicine Assistance ToolNeedyMeds» Learn more about saving money on prescriptions with or without insurance.Insurance considerationsYou may want to consider the following information if you have insurance and receive Cobenfy.If you have insurance, your insurance company may require prior authorization before it covers Cobenfy. This means the company and your doctor will discuss Cobenfy in regard to your treatment. The insurance company will then determine whether the medication is covered.If a drug requires prior authorization but you start treatment without the prior approval, you could pay the full cost of the medication. You can ask your insurance company whether Cobenfy requires prior authorization.Disclaimer: Medical News Today has made every effort to make certain that all information is factually correct, comprehensive, and up to date. However, this article should not be used as a substitute for the knowledge and expertise of a licensed healthcare professional. You should always consult your doctor or another healthcare professional before taking any medication. The drug information contained herein is subject to change and is not intended to cover all possible uses, directions, precautions, warnings, drug interactions, allergic reactions, or adverse effects. The absence of warnings or other information for a given drug does not indicate that the drug or drug combination is safe, effective, or appropriate for all patients or all specific uses.
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