Newsroom
Are compounded medications expensive and are they covered by my prescription insurance?
April 2, 2018
In general, most compounded prescriptions are not expensive. The cost is determined by a number of factors such as the cost of ingredients and the time required to prepare the compounded medication. At Akina Pharmacy, we understand that a medication is not truly an option unless it is also affordable.
In very rare instances are compounded medications covered by insurance, so we strive to reduce the cost in any way that we can to make them as accessible as possible. We will provide you with a Universal Claim Form that you can submit to your prescription insurance company for reimbursement on your out of pocket expenses. We have many patients that are successfully reimbursed when using this method.
Because compounds are so unique, depending on the ingredients needed for a specific medication, cost varies. For this reason, we always ask the patient if the price is acceptable before we make a product. We will also work with you and your doctor to find another effective solution if price becomes an obstacle.