To get an idea of how much Rinvoq costs in Canada, you need to know how much the drug costs at its wholesale price. This is the price at which a drug is sold to a wholesaler or middleman and is regulated by the Patented Medicine Prices Review Board, a federal government body responsible for regulating patented drugs’ prices in Canada. This average wholesale price is based on the prices for all strengths and brands of Rinvoq from July 2019 to June 2020, but it may not be reflective of the price you’ll pay at your local pharmacy.
The price of Rinvoq depends on a number of factors, including your health insurance plan and the amount of medication you’ll be taking. If you don’t have insurance, the monthly and yearly costs can vary widely. Consult your doctor and pharmacist for more details. Generally speaking, prescription drugs cost more without insurance coverage, but there are still many factors that determine the cost.
Because Rinvoq is a biologic drug, it’s not cheap. A refill can cost as much as $200. However, this price reflects the amount of development and research that the drug company has put into its development. If you’re not eligible for insurance, you may be able to get the drug on a patient assistance program.
Although the price of Rinvoq may be steep, the medication can help you improve your quality of life. If you’re considering the medication, you should discuss the cost with your healthcare provider to make sure it’s worth it. If Rinvoq is effective in treating your RA, the money will pay off in the long run.
AbbVie’s drug Rinvoq is an oral Janus kinase inhibitor that’s approved by Health Canada for the treatment of rheumatoid arthritis. It works by suppressing the immune system, which in turn reduces joint pain, tenderness, and swelling. AbbVie, which produces the drug, hopes that Rinvoq will replace Humira as the first treatment for rheumatoid arthritis patients.
CADTH recommends that public drug plans cover the cost of Rinvoq if it’s prescribed by a dermatologist or allergist. Compared to Humira, the drug’s price per QALY is slightly higher. The drug’s list price of $64,300 was a concern to the Institute for Clinical and Economic Review (ICER) in a recent draft evidence report on monoclonal antibodies and atopic dermatitis.
The price of Rinvoq varies depending on the dose and how many vials you need to take for one month. You may find that the manufacturer offers a patient assistance program and discount cards for Rinvoq. If you don’t have insurance, you may qualify for their savings program.