How much does nexium 40 mg cost without insurance?

If you’re reading this, chances are you’ve spent countless hours scouring the web trying to find out the answer to one question: how much does Nexium 40 mg cost without insurance? Fear not, because we’ve got your back (and your wallet) covered.

The Background Story

Nexium is a medication used to treat acid reflux and heartburn. It belongs to a class of drugs called Proton Pump Inhibitors or PPIs. You may have heard of other brand names such as Prilosec, Prevacid and Zegerid – they all work by reducing the amount of acid produced in the stomach.

The drug was first approved by the FDA in 2000 and quickly became one of AstraZeneca’s best-selling medications. However, its patent protection expired in May 2014 which meant that other companies could market cheaper generic versions. While it still remains popular, costs can add up for patients who don’t have insurance coverage.

The Big Question: How Much?

Let’s get straight to business shall we? According to GoodRx.com (an online pharmacy comparison tool), a typical cash price for one month supply (30 capsules) of Nexium 40 mg ranges from $270-$300! Holy cow!

But wait…, there’s more…

If you want something with less hassle than going through insurance but don’t want to sell your first-born child either, Costco pharmacies offer competitive prices ranging between $24-$27 per capsule; which means spending over four weeks on Nexium could follow into expenditures as high as ($720-700).

Needless say that if budget is an issue then it would be far better off consulting with physician/doctor about switching over alternatives like Pepcid AC maximum strength where an equivalent quantity doesn’t cost any bigger than ($20).

So, What About Insurance?

You would think that with insurance coverage you are getting the better end of the deal…right? However it depends on a number of things such as deductibles, co-pays and out-of-pocket maximums. This can vary greatly depending on your plan provider.

Additionally, not all plans cover Nexium specifically. If we look at current research from drugpatentwatch.com they report that less than half (48%) of commercial payers actually reimburse for Nexium after generics became available in 2015.

For those who have access to Medicare Part D could consider going trawling through offers by various companies during open enrollment season (October-December every year) to see whether Nexium is covered under each individual company’s formulary list. Where it does appear surprisingly cheaper costing just several hundred dollars annually rather than hefty costs like above cited.

Some Final Thoughts

In conclusion therefore, how much does nexium 40 mg cost without insurance? A helluva lot more than most people bargained for! While Costco comes in slightly cheaper than GoodRx retail price listed above ($24-27 compared to $9), overall paying premiums out-of-pocket doesn’t necessarily take any strain off one’s finances – so do consider other PPI alternatives if need be or changing insurance policies; either way it pays never hurt asking around and obtain quotation breakdown’ prior starting letting pockets burning holes into wallets!

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