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DrugPrice

How Much Does Metformin Cost?

Metformin (Metformin Hydrochloride) costs an average of $4 per Medicare Part D claim, with total Medicare spending of $145.0M in the latest year. A generic version is available, which may reduce out-of-pocket costs.

Key Data

MetricValue
Avg Cost Per Claim$4
Total Medicare Spending$145.0M
Total Claims32,460,000
Beneficiaries5,240,000
Generic AvailableYes
Year-Over-Year Change-18.6%

Metformin (Metformin Hydrochloride) costs an average of $4 per Medicare Part D claim, with total Medicare spending of $145.0M in the latest year. A generic version is available, which may reduce out-of-pocket costs.