Xarelto (generic name: rivaroxaban) is a prescription anticoagulant that slows down blood clotting. It is often prescribed to people at risk of serious blood clots, such as those with atrial fibrillation or those who have had knee or hip replacement surgery. Xarelto is covered by most insurance plans and Medicare Part D prescription drug plans. However, it can be costly without insurance, with a 30-day supply ranging from $542 to $625.
Characteristics | Values |
---|---|
Generic name | Rivaroxaban |
Type of medicine | Anticoagulant, blood thinner |
Use | Prevents blood clots and strokes |
Availability | No generic alternatives |
Cost | $470 per month, $542 for a 30-day supply |
Insurance coverage | Covered by Medicare Part D and Medicare Advantage plans |
Side effects | Increased risk of internal bleeding or excessive bleeding due to injury |
What You'll Learn
Medicare Part D prescription drug plans cover Xarelto
Medicare Part D covers prescription drugs, but each plan has its own formulary. Medicare Part D plans will cover Xarelto as long as it is included in their formulary.
Medicare Advantage (Part C) plans that include Part D prescription coverage will generally cover Xarelto.
Medicare Part A and Part B do not cover Xarelto.
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Medicare Advantage plans with Part D included cover Xarelto
Medicare Advantage, also known as Part C, provides the same coverage level as Medicare Parts A and B, and often includes extra benefits such as prescription drug coverage. An Advantage plan that includes Part D prescription coverage will generally cover Xarelto.
Medicare Advantage plans with Part D included will cover the cost of Xarelto if it is included in their formulary. A formulary is a list of prescription drugs that a health plan covers, including generics, brand names, and specialty drugs. Medicare Advantage plans with Part D included have their own formularies, and each plan can divide its tiers differently. Each tier costs a different amount, with drugs in lower tiers generally costing less than drugs in higher tiers.
Xarelto is commonly included in Medicare drug plan formularies, and approximately 96% of the most commonly prescribed drugs are included in the formularies of Medicare prescription drug plans. To check if a specific Medicare Advantage plan with Part D included covers Xarelto, individuals can use the government's Medicare plan-finding tool or enter their ZIP code on the Medicare website, along with their current prescriptions.
The cost of Xarelto will depend on the prescribed dosage and the coverage provided by the individual's Medicare Advantage plan with Part D included. The manufacturer lists the full price of Xarelto at $470 per month, but most people pay between $0 and $47 per month in out-of-pocket costs, depending on their insurance coverage. Additionally, some pharmacies may provide coupons towards the cost of the drug, which can be used with Medicare coverage.
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Xarelto is a blood thinner used to prevent blood clots and strokes
Xarelto (generic name: rivaroxaban) is a prescription blood thinner used to prevent blood clots and strokes. It is an anticoagulant, which means it makes blood take longer to clot, thereby reducing the risk of blood clots and strokes. Xarelto is often prescribed to people at risk of serious blood clots, such as those with atrial fibrillation, deep vein thrombosis, or pulmonary embolism. It can also be used to prevent blood clots in people who have had knee or hip replacement surgery.
Xarelto is available in tablet form and comes in different doses, including 2.5 mg, 10 mg, 15 mg, and 20 mg. It is typically taken once or twice daily, depending on the medical condition being treated. The treatment duration can vary from a few days to long-term use.
Xarelto is considered a preventive medicine by insurance companies. Most insurance plans and Medicare Part D prescription drug plans cover Xarelto as Tier 2/preferred coverage. However, it is important to note that the specific coverage may vary depending on the insurance plan and the patient's location.
The cost of Xarelto without insurance is high, with a 30-day supply ranging from $542 to $625. However, with insurance, the average copay cost is much lower, ranging from $0 to $40. For those with commercial insurance, Xarelto offers a savings card that can reduce the cost to as little as $10 per prescription.
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Xarelto is not covered by original Medicare
Xarelto is a medication used to treat and prevent blood clots in people with a history of blood clots or those at risk of developing them. It is a prescription blood thinner that is often used by people at risk of serious blood clots. It is also used to treat and prevent deep vein thrombosis (DVT) and pulmonary embolisms (PE), as well as to reduce the risk of stroke for people diagnosed with atrial fibrillation (AF).
Original Medicare does not include prescription drug coverage. This means that Parts A and B of Medicare do not cover Xarelto. Part A covers hospital and inpatient stays, while Part B covers medical insurance such as visits to doctors and specialists.
However, Medicare beneficiaries can enroll in a separate drug plan known as Medicare Part D or a Medicare Advantage (Part C) plan that includes prescription drug coverage. Most Medicare Advantage plans cover Xarelto, but it is important to check the specific plan to ensure that it includes prescription drug coverage.
Medicare Part D plans will cover Xarelto as long as it is included in their formulary, or list of covered medications. Medicare Advantage plans may also include prescription drug coverage, but it is important to check the specific plan to see if it is covered.
If you are unable to afford Xarelto, there are a number of programs that can help, including the Extra Help Program, the State Health Insurance Assistance Program (SHIP), and Medicaid. Additionally, you might be able to use a coupon from Johnson & Johnson Innovative Medicine (formerly Janssen), the drug’s manufacturer, to help cover the cost.
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Xarelto is costly without insurance
Xarelto is a brand-name prescription anticoagulant, a drug that slows down blood clotting. It is prescribed to people who have blood clots or are at risk of forming blood clots due to hip or knee replacement surgery or other risk factors such as atrial fibrillation. It is also used to reduce the risk of stroke or heart attack in people with coronary artery disease.
There are, however, ways to reduce the cost of Xarelto without insurance. One way is to use a SingleCare coupon, which can lower the price to about $13 a day. Another option is to talk to a healthcare provider about other, less expensive medications. Although anticoagulants don't typically fall into this category, it's still worth asking for medical advice about alternatives. Additionally, different pharmacies charge different prices for brand-name prescription drugs, so it's worth shopping around.
For those living in more populated areas, county and city governments may be able to offer help in finding resources to get needed medications, including community and charitable clinics that provide free or low-cost medications. There are also insurance programs that could provide low-cost or ultra-low-cost health insurance.
Medicaid is another option for those with low incomes. It is a government program that provides free or low-cost health insurance to those who are citizens or permanent residents of the United States and meet the income qualifications.
Finally, the health insurance marketplace can be a good place to shop for affordable health insurance.
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Frequently asked questions
Nearly all insurance plans and Medicare Part D prescription drug plans will cover Xarelto as Tier 2/preferred coverage. Medicare Advantage (Part C) plans that include Part D prescription coverage will generally cover Xarelto.
You might be able to use a coupon from Johnson & Johnson Innovative Medicine (formerly Janssen), the drug’s manufacturer, to help you cover the cost. With commercial insurance, you may pay only $10 for each 30-90 day prescription.
The healthcare provider may suggest other drugs that work just like Xarelto called direct factor Xa inhibitors such as Eliquis (apixaban). Unfortunately, these are also expensive, brand-name drugs without generic alternatives. Instead, ask about related anticoagulants such as Pradaxa (dabigatran) and Plavix (clopidogrel).