How much does Nexavar cost? Is it covered by Medicare?

Official answer

by Drugs.com

Nexavar 200 mg tablet costs around $25,300 for a supply of 120 tablets, which is a one month's supply. Sorafenib, the generic option, costs about $7,500 for 120 tablets using an online coupon. Medicare may pay for this medicine depending on your Part D plan, but you may still be responsible for some of the costs.

Most people do not pay the full price for Nexavar or the generic, but get help covering the cost through insurance or patient assistance programs.

If you do not have insurance, patient assistance programs from the manufacturer or through non-profit organizations may be able to provide financial assistance. Nexavar was first approved by the FDA in 2005 and is manufactured by Bayer Healthcare.

Prices can vary based on your pharmacy and location. Quoted prices are for cash-paying customers and are not valid with insurance plans. This price guide is based on using the Drugs.com discount card which is accepted at most U.S. pharmacies.

How do I get Nexavar?

This medicine will be mailed to you from a specialty pharmacy after your doctor prescribes it. You will not usually pick it up from your regular pharmacy.

Specialty medicines are often very expensive medicines that may require special prior authorization from your insurance company or monitoring for the drug’s safety and effectiveness.

Is Nexavar covered by Medicare?

Medicare coverage for Nexavar, or its generic, will depend upon your Medicare Part D program, which drugs are covered in your state, and the Tier (cost level) that this drug falls under. Call your Medicare provider to determine if Nexavar or the generic is available on your plan.

Generic options for medications are often covered under Medicare plans, but you may still have to qualify through a prior authorization, which is paperwork that your doctor will submit.

Your costs can also vary depending on if you have Part D Medicare, insurance copays, coinsurance, need to meet a deductible, have administration fees, and what state you live in. Be sure to speak with your healthcare provider about medication costs before treatment, including costs to administer the medication and any generic options.

Why is Nexavar prescribed?

Nexavar (sorafenib) is classified as a vascular endothelial growth factor (VEGF) inhibitor and tyrosine kinase inhibitor (multikinase inhibitor). It is used to treat:

The recommended dose of Nexavar (sorafenib) is 400 mg orally twice daily without food (at least 1 hour before or 2 hours after a meal). Based on side effects, your doctor may need to adjust your dose. Always follow your doctor’s dosing directions exactly.

This is not all the information you need to know about Nexavar (sorafenib) for safe and effective use. Review the full drug product information and discuss this information and any questions you have with your doctor or other health care provider.