Medicare Blog

if you are on medicare how much should synthroid cost

by Zoe Champlin Published 2 years ago Updated 1 year ago

Synthroid copay costs for Medicare patients range from $6 to $44 per month. Switching to generic Synthroid can significantly reduce costs. In some cases, your healthcare provider can prescribe another alternative to Synthroid that may be cheaper.Feb 7, 2022

Does Medicare pay for Synthroid?

Yes. 100% of Medicare prescription drug plans cover this drug.

What is the full cost of Synthroid?

Most patients will pay no more than $25 for a 30-day prescription of Synthroid or $75 for a 90-day prescription.

Does Medicare cover thyroid medication?

Both Medicare Part D and Medicare Advantage plans cover the cost of thyroid medication. Medicare Part A also covers the cost of surgery if a doctor deems it necessary to remove the thyroid gland. The thyroid gland is a small hormone-producing gland in the neck.Jan 15, 2021

Does Medicare pay for levothyroxine?

Levothyroxine is covered by most Medicare plans. Medicare-approved drug plans establish a formulary, which is a tiered list of drugs covered. Medicare recipients can check their plan's formulary to confirm inclusion of any medications prescribed or projected to be prescribed in the near future.

How much does Synthroid cost at Walmart?

Average 12 Month Prices for Synthroid (Brand) & Levothyroxine Sodium (Generic)
PharmacySynthroid Retail PriceLevothyroxine Sodium Retail Price
Walmart$65.08$12.56
Walgreens$75.75$25.66
Kroger Pharmacy$78.84$32.65
Albertsons Pharmacy$61.46$18.48
2 more rows

How can I save money on Synthroid?

Patients with insurance can use the synthroid Co-Pay card to pay no more than $25 for a 30-day prescription. Patients without insurance can use the Synthroid Coupon to receive $3 Off of a 30 day prescription or $10 Off a 90 day prescription.

How often will Medicare pay for thyroid labs?

In most instances, Medicare will cover up to two thyroid laboratory tests per year for patients who are clinically stable — that is, not having severe or significant symptoms.Dec 17, 2020

Does Medicare Part D pay for Armour Thyroid?

Do Medicare prescription drug plans cover Armour Thyroid? No. In general, Medicare prescription drug plans (Part D) do not cover this drug.

What is difference between Synthroid and levothyroxine?

Synthroid is brand name levothyroxine sodium; other brand name versions of levothyroxine include Levothroid, Unithroid, Tirosint, and Levoxyl. It contains the same active ingredients and is used for the same purposes, namely to treat hypothyroidism or low thyroid hormone levels.

Is Farxiga covered by Medicare Part D?

FARXIGA is covered without prior authorization for the majority of Commercial and Medicare Part D patients.

Is levothyroxine covered under Medicare Part D?

Yes! 100% of Medicare Advantage plans and Medicare Part D plans cover Levothyroxine.

What is the generic name for Synthroid?

Synthetic thyroxine (T4) comes as brand-name Synthroid or generic levothyroxine. T4 is what is known as a “prohormone”; it's made by the thyroid gland and gets converted to the active hormone, T3, in other body tissues.Aug 12, 2018

How much does a 30 day prescription cost for Synthroid?

For example at Costco, a 30-day prescription amounts to $41 to $42.

How to get Synthroid at a lower cost?

Another alternative to get Synthroid at a lower cost is through the use of coupons. GoodRx gives out free coupons which you can use at several pharmacies. To give you an idea how GoodRx coupons could lower the price, here’s a rough estimate of Synthroid prices for 30 tablets:

How much does Synthroid cost at Costco?

And their average charge for 30 tablets of Synthroid is $40. Costco: At Costco, you can purchase Synthroid at $41 to $42 for 30 tablets .

Why do we take synthroid every day?

Now, taking Synthroid every day as your doctor instructed is essential to maintain your body’s physical and mental state as it provides and replaces the thyroid hormone needed to support your metabolism, growth, and development.

What websites offer coupons for Synthroid?

Other websites that offer coupons are LowestMed.com and WebMD.com. You can compare prices and select which best fits your budget and location. The company behind Synthroid offers saving options as well. If you don’t have insurance, you’d be able to get $3 off from a 30-day prescription or $10 off a 90-day prescription.

What is a synthetic thyroid?

What is Synthroid? Well, it’s a prescription drug with the active ingredient levothyroxine sodium which is a synthetic version of Thyroxine (T4) – a hormone produced and released by the thyroid gland. Basically, it treats individuals with an underactive thyroid or a condition more commonly known as hypothyroidism and helps in restoring thyroid hormone balance in your body.

How many doses of synthroid are there?

One of the most important things to consider when taking Synthroid is its dosage. There are 12 doses of Synthroid, and the needed dose would be depending from one person to another. Each dose has a particular corresponding price but not exceeding $60 for 30 tablets.

How much does a synthroid cost?

According to TrueMedCost.com, if you have an insurance coverage, the average Synthroid cost is around $17.13, which is a good price for a prescription for 30 days. For a 90-day prescription, the cost is about $35.80. But the prices significantly vary based the dosage, your location, and the prescription the doctor gives to you.

Which stores have 90 day prescriptions?

For the 90-day prescription, CVS, Kmart, Target, Publix, Walgreens, and Safeway have almost the same prices as well for all dosages.

What is the name of the medication that is used to treat Hashimoto's disease?

Generically known as levothyroxine, Synthroid is a medicine tablet that is used to treat Hashimoto’s disease and hypothyroidism. Its active ingredient is the levothyroxine sodium, which is identical with thyroxine, a hormone naturally produced by the thyroid gland.

Is Synthroid cheaper without insurance?

Meanwhile, the price of Synthroid without insurance is, evidently, much higher than the costs covered by insurance plans. In that regard, here are the prices of Synthroid for 30 and 90 tablets sold at 10 different pharmacies in the United States. These figures are discounted prices that are provided by GoodRx.

Does Healthwarehouse have the same prices as Safeway?

Meanwhile, HealthWareHouse has the same prices for all dosages except the 300 mcg 30-day prescription Synthroid. For the 90-day prescription, CVS, Kmart, Target, Publix, Walgreens, and Safeway have almost the same prices as well for all dosages.

Does Synthroid cause weight loss?

Just like other types of medicines, Synthroid also has its share of side effects. Apparently, weight loss is a common short-term side effect of this hypothyroidism treatment, which is mistaken by some people as a medication for losing weight. Other aftereffects include but not limited to the following:

What is the generic name for thyroid medication?

Synthroid (its generic name is Levothyroxine), is usually prescribed for patients who have an underactive thyroid, according to the Food and Drug Administration (FDA). The synthetic T 4 in Synthroid is identical to that produced by the human thyroid gland, according to the FDA.

How to find out if a prescription drug is covered by Medicare?

To find out if a specific Medicare Prescription Drug Plan covers Synthroid or Levothyroxine, you will have to check the plan’s formulary. This is a drug list that details which medications are covered and how much they will cost you.

How to test for hypothyroidism?

Hypothyroidism is tested by drawing blood. A diagnosis can be made by measuring the levels of TSH and thyroxine in your blood. A low level of thyroxine and a high level of TSH indicate an underactive thyroid, according to the Mayo Clinic.

How much less is generic than brand name?

According to the FDA, generic prices are sometimes 85% less than the brand-name. I’m happy to answer your questions about Medicare drug coverage, or help you find a Medicare plan. Or use the links below to schedule a phone appointment or have me email you with more information.

Can a prescription drug plan change formulary?

You will receive notice from your plan when necessary. Additionally, a Prescription Drug Plan’s formulary could change each year, so what the plan once covered or charged for a drug might change the next year.

Can hypothyroidism be severe?

There may be many symptoms of hypothyroidism, or an underactive thyroid according to the Mayo Clinic. When symptoms aren’t treated they can become severe. Symptoms could include:

Is levothyroxine the same as a generic?

According to the Food and Drug Administration (FDA), generic medications (such as levothyroxine) must perform in the same way in the human body and have the same intended use as the brand-name medication (Synthroid).

How much does generic levothyroxine cost?

This drug is more popular than comparable drugs. Generic levothyroxine is covered by most Medicare and insurance plans, but some pharmacy coupons or cash prices may be lower. The lowest GoodRx price for the most common version of generic Synthroid is around $4.00, 75% off the average retail price of $16.65. Compare thyroxines.

How is Goodrx cash price calculated?

GoodRx‘s cash prices are based on multiple sources, including published price lists, purchases, claims records, and data provided by pharmacies. Most of our discount and coupon prices are based on contracts between a pharmacy (or pharmacy purchasing group) and a Pharmacy Benefit Manager (PBM), who provides prices to us. The prices we show are our best estimate; while we believe our data to be generally accurate, we cannot guarantee that the price we display will exactly match the price you receive at the pharmacy. For an exact price, please contact the pharmacy. (Please keep in mind that the pharmacy will require the information shown on the GoodRx coupon/discount to confirm the discount price.)

Can you split a prescription?

You'll need to ask your doctor if pill splitting is a good idea for your prescription; if so, they will need to adjust your prescription accordingly .

Can you split a drug?

Don't split drugs with an enteric coating (designed to protect the stomach), drugs that are time-release or long-acting, drugs taken more often than once a day, drugs in capsules, and prepackaged drugs in specific doses, like birth control pills.

Is 40 mg the same as 20 mg?

While it may seem odd, the 40mg version of the same drug typically does not cost twice as much as the 20mg—in fact, it often costs the exact same amount! You'll need to ask your doctor if pill splitting is a good idea for your prescription; if so, they will need to adjust your prescription accordingly.

How much does a synthroid cost?

The cost for Synthroid oral tablet (50 mcg (0.05 mg)) is around $137 for a supply of 90 tablets, depending on the pharmacy you visit. Prices are for cash paying customers only and are not valid with insurance plans.

How much does a free drug card save?

The free Drugs.com Discount Card works like a coupon and can save you up to 80% or more off the cost of prescription medicines, over-the-counter drugs and pet prescriptions.

Who should call the company for prescription medication?

Any patient who requires the medication and are in need should call the company. Eligibility determined on a case-by-case basis. Patients with prescription drug coverage may be eligible on exception basis. Contact program for details.

Is there a generic version of Synthroid?

A generic version of Synthroid is available, see levothyroxine prices.

What is the name of the medication that is used to treat hypothyroidism?

Synthroid is the brand name for levothyroxine, a medication to treat hypothyroidism. Hypothyroidism is the underproduction of thyroid hormones. The thyroid gland is located near the larynx, and its shape resembles a butterfly.

When does Medicare change plans?

Medicare offers an opportunity to join, change or terminate a drug plan every year between October 15 and December 7 during the Annual Election Period. If your request is submitted by December 7, changes will be effective as of January 1 of the following year.

What is a Medicare formulary?

Medicare-approved drug plans establish a formulary, which is a tiered list of drugs covered. Medicare recipients can check their plan’s formulary to confirm inclusion of any medications prescribed or projected to be prescribed in the near future.

What are the side effects of a syringe?

Patients should report to their doctor any of the following side effects that become severe or persistent: Weight gain or loss, headache, vomiting, diarrhea, appetite changes, fever, heat sensitivity, hair loss, joint pain and leg cramps.

Is levothyroxine a hormone?

Levothyroxine is classified as a hormone according to Medline Plus, an online resource of the U.S. National Library of Medicine.

What is the Synthroid Delivers Program?

The Synthroid Delivers Program was created for everyone taking Synthroid, regardless of their insurance coverage. With the Synthroid Delivers Program, you don't have to worry about varying co-pays, filing claims, waiting for reimbursement checks, or changes in coverage. And, if you have a flexible spending account (FSA) or health savings account ...

Does Synthroid deliver insurance?

Patients enrolling in the Synthroid Delivers Program may not utilize insurance benefits including any federal, state or government-funded insurance program. In addition, patients enrolling in the Synthroid Delivers Program may not have any payments applied to true out of pocket (TrOOP) costs.

What is the best way to save money on Synthroid?

Before picking up a prescription for Synthroid or any other prescription medication, check RxSaver. RxSaver is a free prescription drug coupon platform that offers savings of up to 80% off drug prices. RxSaver may be used in place of your health insurance if the coupon price beats your insurance copay. RxSaver coupons can also help you save money if you do not have insurance.

How much does levothyroxine sodium cost without insurance?

The cost for generic Synthroid, levothyroxine sodium, without insurance starts at $4.00* for 75mcg and 30 tablets using an RxSaver coupon. Medication prices vary depending on the medication but RxSaver can help you save on the cost of your prescription with or without insurance.

How does a synthroid work?

Synthroid works by replacing missing or low levels of thyroid hormone. This hormone plays an essential role in healthy digestion, muscle function, brain development, and heart function.

What is the purpose of synthroid?

Synthroid treats hypothyroidism and may be used to prevent the development of a goiter (enlarged thyroid gland).

What is a synthroid?

What is Synthroid? Synthroid is a thyroid medication prescribed to individuals who do not produce enough of the thyroid hormone thyroxine. The active ingredient in Synthroid is levothyroxine sodium, which is a man-made hormone that mimics the effects of the naturally occurring hormone thyroxine.

What happens if you take too much thyroid hormone?

Synthroid may produce hair loss when you first begin taking it. This typically resolves itself as your body adjusts to the medication. Other side effects, which are generally signs of too much thyroid hormone include: 1 Bone pain 2 Diarrhea 3 Fatigue 4 Headache 5 Increased sweating 6 Mood swings 7 Nervousness 8 Shortness of breath 9 Tremor (shaking)

How to diagnose hypothyroidism in children?

If you notice symptoms of hypothyroidism in yourself or your child, schedule an appointment with a healthcare provider. A simple blood test to measure the levels of thyroid hormone can confirm suspicions or rule out hypothyroidism.

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