An injectable drug called Forteo (teriparatide) is used once a month to assist treat osteoporosis. This drug is covered by many Medicare Part D prescription drug plans. You can use Medicare’s search engine to find out if Forteo (teriparatide) is covered by the Part D or Medicare Advantage Plan you’re thinking about.

How much does Forteo (teriparatide) cost if you have Medicare?

The Medicare Part D prescription drug out-of-pocket maximum in 2025 is $2,000. This implies that in 2025, you will be paying the highest possible sum for prescription drugs. Your covered medications are free after you’ve spent that sum.

Teriparatide, or Forteo, can cost anything from $2,000 per month to a few hundred dollars per month until your total prescription expense in 2025 reaches $2,000.

A Medicare Part D plan’s cost for Forteo (teriparatide) fluctuates based on several variables, including:

• where you live
• the Medicare Part D plan you choose
• the pharmacy you choose
• how much your Part D deductible is

Can choosing the generic save money?

You can indeed save up to half the cost of the brand-name Forteo by opting for the generic form, teriparatide. Although it might take a few more months, you will probably still be able to use the generic version to reach the $2,000 Medicare maximum out-of-pocket limit.

Are there other ways to save money on prescriptions if you’re on Medicare?

Yes, there are strategies to reduce the cost of your prescription drugs, such as:

• Extra Help: Medicare Extra Help is a program designed to assist Medicare beneficiaries with reduced incomes in paying for drugs covered by Part D. In 2025, people with Extra Help plans could have to pay $12.15 for name-brand drugs and $4.90 for generic drugs.
• Medicare Prescription Payment Plan: Medicare will start offering a monthly payment plan in 2025 to assist you stretch out the expense of your prescription drugs over several months. You may see how much you would pay each month with this technique when you look for your Part D plan.
• Pharmaceutical assistance programs: For those who are unable to pay for their prescription drugs, pharmaceutical assistance organizations frequently provide coupons and savings plans. These are typically incompatible with Medicare coverage. If you buy your prescription drugs out of pocket and do not use Medicare, these coupons could occasionally be more affordable.
• State pharmaceutical assistance programs: Prescription drug prices might be partially covered by pharmaceutical assistance programs offered by certain states.

The cost of prescription drugs might be significant. Most prescription drugs are covered by Medicare Part D insurance. To make sure whatever plan you select will cover your prescriptions, you can search for them. You may also be able to save money by participating in Medicare, state, and pharmaceutical company programs.

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