Venlafaxine
Venlafaxine Hydrochloride
Why Venlafaxine Costs $17.00 Per Claim
Venlafaxine (Venlafaxine Hydrochloride) is used to treat depression/anxiety. According to CMS Medicare Part D spending data, the program spent $145.0M on this drug, covering 1,240,000 beneficiaries across 8,640,000 claims.
A generic version of this drug is available, which means lower-cost alternatives exist. Patients should ask their pharmacist about generic Venlafaxine Hydrochloride or talk to their doctor about therapeutic alternatives that may cost less.
Spending on Venlafaxine decreased by 28.6% year-over-year, likely due to generic competition reducing prices.
Price Breakdown
Drug Details
Frequently Asked Questions
Venlafaxine (Venlafaxine Hydrochloride) costs an average of $17.00 per claim based on Medicare Part D data. The estimated annual cost per patient is $117.00. Actual out-of-pocket costs depend on your insurance plan and pharmacy.
Yes, a generic version of Venlafaxine (Venlafaxine Hydrochloride) is available. Generic medications typically cost 80-95% less than brand-name drugs. Ask your pharmacist about generic Venlafaxine Hydrochloride.
Medicare Part D spent $145.0M on Venlafaxine, covering 1,240,000 beneficiaries across 8,640,000 claims. This makes it one of the tracked drugs in the Medicare spending dashboard.
Ask your pharmacist about generic Venlafaxine Hydrochloride, which is typically much cheaper. You can also compare prices at different pharmacies, use prescription discount programs, or ask your doctor about therapeutic alternatives in the same drug class.
Related
Cost data reflects Medicare Part D spending and may not represent retail pharmacy prices. Average cost per claim represents the total drug cost (not patient out-of-pocket) divided by total claims.