The cost of Onivyde can vary based on several factors, including your insurance coverage. Drug savings programs can also lower the price you’ll pay for Onivyde.
As with all medications, the cost of Onivyde can vary. Factors that may affect the price you’ll pay for Onivyde include:
- your treatment plan
- your insurance coverage
- the cost of the visit to your healthcare professional to receive doses of Onivyde
- whether Onivyde has a savings program (see the “Financial and insurance assistance” section)
To find out what the cost of Onivyde will be for you, talk with your doctor, pharmacist, or insurance provider.
Onivyde 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.
If you need financial support to pay for Onivyde or if you need help understanding your insurance coverage, help is available. For example:
- A program called IPSEN CARES is available for Onivyde. For more information and to find out whether you’re eligible for support, call 866-435-5677 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:
Learn more about saving money on prescriptions with or without insurance.
You may want to consider the following information if you have insurance and receive Onivyde.
Prior authorization: If you have insurance, your insurance company may require prior authorization before it covers Onivyde. This means the company and your doctor will discuss Onivyde 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 Onivyde requires prior authorization.
Type of insurance coverage: Onivyde is given by your doctor or another healthcare professional. If you have insurance, the price of your Onivyde doses may be billed through your medical coverage instead of the prescription drug portion of your insurance plan. This depends on your specific insurance plan and where you receive your Onivyde doses, such as at your doctor’s office, an infusion clinic, or a hospital.
If you have questions about this process, contact your doctor or your insurance provider.
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.