Easy methods to Save Cash on Insulin with Copay Playing cards

For those who reside with insulin-dependent diabetes within the US, you know the way costly insulin might be, even when you’ve got insurance coverage.

However do you know that the majority insulin producers have copay playing cards that may considerably scale back your co-pay? Or in some circumstances even remove it utterly?

What’s a copay card

Copay playing cards have been round within the US for a very long time and are a manner for the producers to cut back the copay you normally pay on the pharmacy. Anybody can go to a producer’s web site and obtain a copay card, however totally different guidelines could apply and a few copay playing cards are solely legitimate together with business insurance coverage.

Sadly, you can not use copay playing cards together with any authorities program equivalent to Medicare or Medicaid resulting from federal anti-kickback legal guidelines.

How copay playing cards work

Most copay playing cards might be downloaded straight from the insulin producer’s web site and they’re going to usually additionally provide to mail them to you. You then present the copay card to your pharmacist and he/she’s going to run it for you. For those who use a web based pharmacy, you’ll should name them and provides them the main points which can be on the entrance of the cardboard.

After your pharmacist provides the cardboard to your prescription, the ultimate copay might be calculated and also you’ll pay your decreased worth and be in your manner.

Let’s take a look at an instance of how a copay card can prevent cash. I’ll use the Levemir copay card for example since that’s what I exploit myself.

Notice: the precise price and financial savings might be totally different relying in your particular person scenario and the place you reside.

Instance of financial savings

I exploit Novo Nordisk Levemir as my basal insulin and I’ve business insurance coverage. I get the Levemir in containers of 5 pens.

• With out insurance coverage, Levemir can price properly over $500 for a field
• After insurance coverage, my copay is $60 per field
• The copay card reduces the copay to $45 however with a $100 max saving
• With the copay card, I due to this fact pay $45, a saving of $15 per field of 5 pens

If my copay was increased, the copay card would save me much more cash:

• If my copay was $100, I might nonetheless solely pay $45 with the copay card, a saving of $55
• If my copay was $200, I might pay $100 with the copay card (as a result of the max saving is $100), a saving of $100

If I didn’t have insurance coverage in any respect, I might be capable to apply for a special copay card (the Novocare program) that would offer me with a 30-day provide of insulin for $99 (for as much as 12 months.) 

Every producer and program has it’s personal phrases, situations, and financial savings so it’s essential to learn the phrases fastidiously or contact the producer straight for extra info.

Easy methods to get an insulin copay card

Under you will discover copay playing cards for many insulins and different frequent injectables used to handle diabetes. For those who don’t see the model you employ right here, attempt to seek for it on-line. For instance, search “Humalog copay card” in Google in case you use Humalog insulin.

Please notice that these applications change often so this info could not at all times be updated. Verify together with your pharmacy to see your ultimate co-pay. Diabetes Sturdy shouldn’t be chargeable for the precise worth you’re charged.

Monetary help applications

Copay playing cards are an excellent begin, however in case you discover that you simply nonetheless can not afford your insulin, you may think about making use of for monetary help applications by means of the producers.

The applications have totally different eligibility necessities, equivalent to family revenue. Please confer with the person program to see in case you qualify.

Don’t pay extra for insulin than you must!