Coupons and Savings Cards

Coupons and Coverage: Your Guide to Insurance and Affordability with Ozempic, Wegovy, and Mounjaro

Wegovy, Ozempic, Zepbound and Mounjaro coupons are in high demand, as medication prices remain out of reach for many individuals struggling with their weight. MD Exam provides important information about insurance coverage and savings cards with the hope of increasing accessibility and educating individuals starting their weight loss journey.

MD EXAM

  • Tuesday, February 6, 2024

As obesity and related health issues rise, medications like Ozempic, Wegovy, and Mounjaro have become essential for weight management. However, their costs can be a concern. In this article, we'll explore drug costs without insurance, typical coverage scenarios, cost reducing strategies, and how to check if your insurance covers these medications.

Understanding Costs of Ozempic, Wegovy and Mounjaro Without Insurance

Ozempic, Wegovy, and Mounjaro help regulate blood sugar and promote weight loss. Without insurance, these medications can cost over a thousand dollars per month, but the actual price depends on factors like dosage and where you get the medication. Some patients have had to pay even more! Insurance coverage and compounding is crucial for making these medications accessible to more people. To find the current lowest price for a low dose Ozempic pen, click here. Though we won't cover compounding in detail in this article, you can read about it in more detail here.

Insurance Coverage: A Complex Landscape

Insurance coverage for these medications is complex, depending on your insurance plan, formulary, and medical necessity. These drugs are often considered higher-tier medications, a label insurance companies use for high cost medications. Insurance plans have specific criteria for coverage, so meeting them is crucial for affordable access. If you are wondering if Wegovy, Ozempic or Mounjaro are covered by your insurance plan specifically, you can utilize the following steps.

Checking Insurance Coverage: Step-by-Step Guide

       1. Review Insurance Policy Documents:

Check your insurance policy documents for prescription drug coverage details.

       2. Check Formulary Lists:

Review the formulary to find which tier Ozempic, Wegovy, or Mounjaro belongs to.

       3. Understand Coverage Criteria:

Learn about any requirements for coverage, such as prior authorization or step therapy.

       4. Consult Healthcare Providers:

Discuss medication choices with your healthcare provider and ask about their experience with insurance authorization.

       5. Contact the Insurance Provider:

Call your insurance provider for precise information about coverage, copayments, and approval steps.

       6. Utilize Online Tools:

Explore online tools offered by your insurance provider for drug coverage details.

Coupons and Savings Cards

Also known as drugmaker discount programs, manufacturer-sponsored prescription coupons, or savings cards, coupons are discounts given out by pharmaceutical companies to individuals that qualify for a prescription medication. For patients with commercial insurance, Novo Nordisk offers discounts up to $150 per month for Ozempic or Rybelsus and $225 per month for Wegovy. Eli Lilly also offers discounts of $150 per month for Mounjaro and Zepbound, but also offers discounts up to $573 per month for individuals uncovered by insurance. There are various rules and restrictions, which you can read in detail here and here, summarized below.

Novo Nordisk

  • Maximum savings of $150 per 1‑month prescription, $300 per 2‑month prescription, or $450 per 3-month prescription, for up to 48 months from the date of Savings Offer activation.
  • Patient is not eligible if he/she is enrolled in any federal or state health care program with prescription drug coverage, such as Medicaid, Medicare, Medigap, VA, DOD, TRICARE, or any similar federal or state health care program
  • The brand and the prescription being filled must be covered by the patient’s commercial insurance plan
  • This offer is valid only in the United States and its territories, unless prohibited by law, and may be redeemed at participating retail pharmacies.

Eli Lilly

  • With insurance - card savings are subject to a maximum monthly savings of up to $150 per 1-month prescription, $300 per 2-month prescription, or $450 per 3-month prescription fill and separate maximum annual savings of up to $1800 per calendar year. Card may be used for a maximum of up to 13 prescription fills per calendar year
  • Card savings are not available to patients without commercial drug insurance or who are enrolled in any state, federal, or government funded healthcare program, including, without limitation, Medicaid, Medicare, Medicare Part D, Medicare Advantage, Medigap, DoD, VA, TRICARE®/CHAMPUS, or any state prescription drug assistance program.
  • You must have commercial drug insurance that covers Mounjaro®(tirzepatide) and a prescription consistent with FDA-approved product labeling
  • Without insurance - Card savings are subject to a maximum monthly savings of up to $573 and a separate maximum annual savings of up to $3,438 per calendar year. Card may be used for a maximum of up to 6 prescription fills per calendar year.

Challenges and Considerations

Insurance coverage can make these medications more affordable, but challenges often arise. Most plans do not cover them, and out-of-pocket expenses can still be high. Changes in insurance plans can also impact coverage. If facing difficulties, explore patient assistance programs, generic, or compounded alternatives.

Our Solution

At MD Exam, we offer affordable medications using pharmaceutical compounding. We provide the same active ingredients as Ozempic, Wegovy, and Mounjaro at about 1/3 of the cost. Compounding pharmacies play a crucial role in American healthcare by filling medication supply gaps and creating custom formulations for specialized needs. MD Exam ensures accessibility by delivering equally effective medication at an affordable price.

Your Path to Affordable Weight Management

Ozempic, Wegovy, and Mounjaro offer promising weight loss solutions, but costs can be high. Understanding insurance coverage complexities is crucial for accessing these medications affordably. Diligence, communication with healthcare providers, and a proactive approach to understanding policy details are important. Advocating for accessible and affordable weight management options remains vital for overall well-being and addressing obesity challenges. With services like MD Exam, you can access affordable meds without insurance hassle.

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