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  3. Strattera Cost: How to Save on ADHD Medication Expenses

Strattera Cost: How to Save on ADHD Medication Expenses

Written by Andrew Le, MD

UpdatedDecember 14, 2024

For individuals with ADHD, managing symptoms through medication like Strattera (atomoxetine) is often essential. However, the high cost of Strattera can create significant barriers to accessing treatment, especially for those who are uninsured or underinsured.

The financial burden of ADHD medications such as Strattera affects not only individuals but also families who are already dealing with the complexities of managing ADHD. Without affordable options, many may go without the treatment they need, leading to untreated symptoms and additional hardships.

In this article, we’ll explore the cost of Strattera, examining factors that influence its price, comparing costs across different pharmacies, and presenting various savings strategies. By understanding the options available, you can make informed choices about managing the expense of Strattera and get the treatment you need.

Factors That Influence Strattera’s Price

The cost of Strattera can vary widely due to several factors, including whether the brand name or generic version is chosen, the prescribed dosage and supply duration, and even the specific pharmacy or geographic location where it is purchased.

Brand vs. Generic Pricing

A significant factor influencing the cost of Strattera is whether the brand-name or generic form, atomoxetine, is purchased. Brand-name Strattera is typically more expensive, with prices for a 30-day supply of 40 mg capsules reaching up to $426.29 at some pharmacies without discounts.

In contrast, generic atomoxetine is available at a fraction of the price. For instance, with a GoodRx coupon, a 30-day supply of 40 mg atomoxetine can cost as little as $23.00 at select pharmacies, offering a substantial savings opportunity for patients.

Dosage and Supply Duration

The dosage and supply duration of Strattera can also impact its cost. Strattera is available in multiple dosages, ranging from 10 mg to 100 mg. Higher doses generally cost more, and individuals on higher daily dosages or multiple capsules may see increased costs over time.

Additionally, while most patients are prescribed a 30-day supply, requesting a 90-day supply may lower costs by reducing the frequency of pharmacy visits and potentially providing better value. Many insurance plans also offer reduced co-pays for 90-day supplies, which can be especially beneficial for those who rely on Strattera long-term.

Pharmacy and Location Variability

Prices for Strattera can fluctuate considerably depending on the pharmacy and location. For example, a 30-day supply of 40 mg capsules costs approximately $517.43 at one pharmacy, while at another, the same supply might cost $298.28. Geographic location plays a role as well, with some areas offering lower prices or greater access to savings programs and coupons.

Comparing Strattera Prices Across Pharmacies

The cost of Strattera can vary widely depending on the pharmacy, making it crucial for those paying out of pocket to compare prices. Below is an overview of prices for a 30-day supply of 40 mg Strattera and its generic equivalent, atomoxetine, both retail prices and savings through GoodRx coupons.

Major Pharmacy Price Comparison for Brand-Name Strattera

For brand-name Strattera, retail prices can reach hundreds of dollars for a 30-day supply. However, using GoodRx coupons can significantly reduce costs at various pharmacies:

  • CVS Pharmacy: $309.47 retail; $26.24 with GoodRx (92% off).
  • Target (CVS): $308 retail; $26.24 with GoodRx (91% off).
  • Walmart: $202 retail; $31.12 with GoodRx (85% off).
  • Kroger Pharmacy: $464 retail; $30.75 with GoodRx (93% off).
  • Safeway: $394 retail; $25.36 with GoodRx (94% off).
  • Albertsons: $394 retail; $25.36 with GoodRx (94% off).
  • Rite Aid: $441 retail; $29.50 with GoodRx (93% off).
  • Costco: $56 retail; $29.99 with GoodRx (46% off).
  • Walgreens: $322 retail; $115.09 with GoodRx (64% off).

GoodRx and Other Savings Options for Generic Atomoxetine

Opting for the generic version, atomoxetine, can lead to even more savings. Prices for generic atomoxetine with GoodRx are significantly lower compared to the brand-name Strattera:

  • CVS Pharmacy: $23.00 for a 30-day supply of 40 mg with GoodRx.
  • Safeway: $25.36 for a 30-day supply with GoodRx, saving 94% off the $394 retail price.
  • Rite Aid: $29.50 for a 30-day supply with GoodRx.
  • Albertsons: $25.36 for a 30-day supply with GoodRx.
  • Costco: $29.99 for a 30-day supply with GoodRx.
  • Kroger Pharmacy: $30.75 for a 30-day supply with GoodRx.
  • Walmart: $31.12 for a 30-day supply with GoodRx.

Online and International Pharmacy Options

For those seeking additional savings, online and international pharmacies offer atomoxetine at competitive prices. These prices can be particularly appealing for uninsured or underinsured individuals:

These online options allow for further savings, but it’s important to verify the legitimacy and safety of any online or international pharmacy. Sites like PharmacyChecker provide tools to help verify the authenticity of online pharmacies, ensuring that individuals can access medications safely.

Strategies to Reduce Strattera Costs

For individuals who rely on Strattera to manage ADHD symptoms, the high cost of the medication can be a significant burden. Fortunately, there are several strategies available to help reduce the expense. From using savings programs to exploring insurance options, these methods can make Strattera more affordable and accessible.

1. Insurance Coverage and Assistance Programs

Many insurance plans, including Medicare Part D, offer some level of coverage for ADHD medications, which can help reduce out-of-pocket costs. However, coverage varies depending on the plan, and some plans may not cover the brand name Strattera, favoring the generic form instead. For those whose insurance does not cover Strattera, there are additional options to explore:

  • Patient Assistance Programs: The Lilly Cares Foundation offers a patient assistance program that may provide Strattera at a reduced cost or even free of charge for qualifying individuals. As of September 2024, this program is available to those already enrolled and eligible.
  • Prescription Plan Appeals: Patients whose insurance doesn’t cover Strattera can request an exception or file an appeal. This process may involve step therapy, prior authorization, or a formal appeal to the insurance provider.

2. GoodRx Coupons and Savings Programs

GoodRx is a popular tool for saving on prescription costs, and Strattera is no exception. By using a GoodRx coupon, patients can receive significant discounts on both the brand-name and generic versions.

For instance, a 40 mg supply of generic atomoxetine can cost as little as $23.00 at certain pharmacies with GoodRx, compared to a brand-name price of $426.29. Here’s how to use a GoodRx coupon for Strattera:

  1. Visit the GoodRx website or download the GoodRx app.
  2. Search for “Strattera” and select the desired dosage and quantity.
  3. Choose a pharmacy to view the discounted price.
  4. Print, email, or text the coupon to present at the pharmacy when picking up the prescription.

Additional Savings Tips

There are other ways to make Strattera more affordable, particularly for those who may not have insurance coverage:

  • Request a 90-Day Supply: Patients can ask their healthcare provider to prescribe a 90-day supply instead of a 30-day supply. This option is often more cost-effective, as pharmacies and insurance providers may offer better pricing for bulk purchases. A 90-day supply also reduces the frequency of pharmacy visits, which can be convenient for long-term medication users.
  • Mail-Order Pharmacies: For individuals who have insurance coverage, some plans include discounts on mail-order prescriptions. This option not only offers savings but also delivers medication directly to the patient’s home, reducing trips to the pharmacy. Some Medicare plans and other insurance providers may support mail-order pharmacy services as part of their benefits.
  • Utilize HSA/FSA Funds: Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) can be used to cover the cost of medications like Strattera. These accounts offer tax advantages that reduce the overall out-of-pocket cost by allowing individuals to pay for prescriptions with pre-tax dollars.

Wrap Up

Brand-name Strattera is known for its effectiveness as a non-stimulant ADHD medication, but it comes at a high cost depending on dosage and pharmacy. Fortunately, the generic version, atomoxetine, provides a more affordable alternative, especially when using GoodRx discounts that can reduce costs to as low as $23.00 for a 30-day supply at select pharmacies.

To reduce out-of-pocket costs, patients can explore various strategies such as using GoodRx coupons, requesting a 90-day supply, and considering mail-order pharmacies that may offer additional savings. Additionally, for those with insurance, checking coverage details and exploring patient assistance programs, like those offered by the Lilly Cares Foundation, can help make Strattera more accessible. Tools like PharmacyChecker also provide price comparisons for online pharmacies, which can further aid in cost savings.

Frequently Asked Questions

Why does Strattera cost so much?

Brand-name Strattera can be expensive due to factors like the brand’s manufacturing and distribution costs. Additionally, non-stimulant medications, such as Strattera, often have fewer generic competitors compared to stimulant ADHD medications, which can lead to higher prices. For a 30-day supply of Strattera, retail costs can range from $470 to $576 depending on dosage and location. However, choosing the generic version, of atomoxetine can help reduce the expense significantly, as atomoxetine costs much less per capsule.

What is the cheapest way to get Strattera?

The most affordable way to obtain Strattera is by opting for generic atomoxetine and using savings tools such as GoodRx. GoodRx coupons can reduce the cost of a 30-day supply of atomoxetine (40 mg) to as low as $23.00 at select pharmacies, a fraction of the retail price for the brand-name medication. Additionally, purchasing a 90-day supply, if possible, may offer better value and reduce costs by minimizing trips to the pharmacy.

Are there risks with buying Strattera online?

Ordering Strattera or atomoxetine online can be a safe and cost-effective option, but it's essential to ensure the pharmacy is legitimate. Reputable sites like PharmacyChecker list licensed online pharmacies that adhere to safety regulations. International pharmacies can sometimes offer lower prices, with costs as low as $0.51 per capsule for atomoxetine through verified online sources. However, it is crucial to avoid unverified sources, as these may sell counterfeit or unsafe medications.

Can I use HSA or FSA funds for Strattera?

Yes, Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) can be used to cover the cost of Strattera. These accounts provide tax benefits by allowing individuals to pay for eligible medical expenses with pre-tax dollars.