Korlym and cost: Reducing long-term drug costs and more
The cost of Korlym can vary based on several factors, including your insurance coverage. Coupons and drug savings programs can also lower the price you’ll pay for Korlym.
As with all medications, the cost of Korlym can vary. Factors that may affect the price for Korlym you’ll pay include:
Korlym may need to be purchased through a specialty pharmacy authorized to carry specialty drugs. This type of drug may be costly or require help from healthcare professionals to be taken safely and effectively. For more details about how to obtain Korlym , talk with your doctor.
To find out what the cost of Korlym will be for you, talk with your doctor, pharmacist, or insurance provider.
The active ingredient in Korlym is mifepristone, which is also the generic drug name. A generic drug is considered to be as safe and effective as the original drug. And generics tend to cost less than brand-name drugs.
If your doctor has prescribed Korlym and you’re interested in using mifepristone instead, talk with your doctor. They may have a preference for one version or the other. You’ll also need to check with your insurance provider, as it may only cover one or the other.
To find out how the cost of this generic drug compares with the cost of Korlym, talk with your doctor, pharmacist, or insurance provider.
Brand-name drugs can be expensive because of the research needed to test their safety and effectiveness. The manufacturer of a brand-name drug can sell it exclusively for up to 20 years. When the brand-name drug’s patent expires, multiple manufacturers can create generic versions. This marketplace competition may lead to lower costs for generics. Also, because generics contain the same active ingredients as brand-name drugs, they don’t require the same costly testing.
If you take Korlym long term, you may be able to lower its cost in the following ways.
You may be able to get a 90-day supply of Korlym. If approved by your insurance company, getting a 90-day supply of the drug could reduce your number of trips to the pharmacy and help lower the cost. If you’re interested in this option, check with your doctor, pharmacist, or insurance provider.
If you need financial support to pay for Korlym, or if you need help understanding your insurance coverage, help is available. For example:
You may want to consider the following information if you have insurance and receive Korlym.
If you have insurance, your insurance company may require prior authorization before it covers Korlym. This means the company and your doctor will discuss Korlym in regard to your treatment. The insurance company will then determine whether the medication is covered.
If a drug requires prior authorization but you start treatment without the prior approval, you could pay the full cost of the medication. You can ask your insurance company whether Korlym requires prior authorization.
Disclaimer: While Medical News Today strives for factual, comprehensive, and current information, this article is not a substitute for a licensed healthcare professional’s expertise. Always consult a doctor before taking or discontinuing any medication. Drug information is subject to change and may not cover all uses, directions, precautions, warnings, interactions, reactions, or adverse effects. The lack of a warning does not guarantee a drug’s safety, effectiveness, or appropriateness for all patients or specific uses. Learn more about our approach to content integrity.