The Sticker Shock: Uninsured and List Price
For individuals without insurance, or for those whose insurance provides no coverage, the cost of Ycanth can reflect the Wholesale Acquisition Cost (WAC), which was listed at $685 per applicator as of July 2023. However, this WAC doesn't always represent the final retail price, which can fluctuate based on the specific pharmacy and location. Pharmacy pricing tools like GoodRx and PharmacyChecker have shown retail prices, before coupons, averaging around $861 and discount prices starting in the mid-$600s, respectively. The total treatment cost can increase significantly if multiple applicators are needed, as the typical protocol involves one to four treatments.
Navigating Costs with Insurance
Insurance coverage is the most significant factor in determining the out-of-pocket cost for Ycanth. The manufacturer, Verrica Pharmaceuticals, offers various support programs to help reduce the financial burden.
The Ycanth Copay Assistance Program
This program is designed for eligible, commercially insured patients. For those who qualify, the cost can be significantly reduced:
- Patients who have met their deductible: May pay as little as $25 per applicator.
- Patients who have not met their deductible: Will pay no more than $125 per applicator.
There is a lifetime maximum benefit of $2,805 or four treatments, whichever comes first. Patients using federal or state programs like Medicaid or Medicare are not eligible for this commercial copay card.
Understanding Different Insurance Types
- Commercial Insurance: Most commercial health plans provide coverage for Ycanth, but the specific cost-sharing can vary widely. Factors like deductibles, coinsurance (often 20-35% of the list price), and copayments will determine the final out-of-pocket expense. Many plans also require prior authorization before covering the medication.
- Medicare: For beneficiaries with Medicare Part D, coverage is available, but patients should expect to pay a portion of the cost. The exact amount depends on their specific plan, annual deductible, and coverage phase.
- Medicaid: Many state Medicaid plans and managed Medicaid plans cover Ycanth, and the out-of-pocket costs are often lower, with minimal copayments required. However, coverage details can vary by state, and it's essential to check the specific state's formulary and requirements.
Finding Savings and Support
Several avenues exist for patients to access Ycanth at a lower cost, especially if they are uninsured or their insurance coverage is inadequate.
Verrica Patient Assistance Program
Verrica Pharmaceuticals provides a Patient Assistance Program for U.S. residents who have been prescribed Ycanth but lack sufficient health insurance coverage or cannot afford the medication. Eligibility is based on financial need, which is assessed based on household income and projected medical expenses. This program can provide significant savings for those who qualify.
Alternative Cantharidin Treatments
Ycanth is the only FDA-approved cantharidin product on the market. However, non-FDA-approved, compounded cantharidin solutions are sometimes available and may be less expensive. It's important to discuss the safety and efficacy of these alternatives with a healthcare provider, as they have not undergone the rigorous testing required for FDA approval. Cost comparisons between brand-name Ycanth and compounded products must account for dosage differences and formulation.
Discount Cards
For uninsured patients or those with high deductibles, discount coupons from services like GoodRx or PharmacyChecker can help lower the retail price of Ycanth. These cards can reduce the cash price to a lower, predetermined amount, though it's important to compare prices as they can still be high without insurance.
Ycanth Cost Comparison Table
| Cost Scenario | Potential Out-of-Pocket Cost (Per Applicator) | Eligibility/Notes |
|---|---|---|
| Uninsured (List Price) | ~$685 | Manufacturer's WAC. Retail price may be higher. |
| Uninsured (Discount Card) | ~$660 - $725 | Prices vary by pharmacy and coupon service. |
| Commercial Insurance (Deductible Met) | As little as $25 | Requires enrollment in the Ycanth Copay Assistance Program. |
| Commercial Insurance (Deductible Not Met) | No more than $125 | Requires enrollment in the Ycanth Copay Assistance Program. |
| Medicaid | $1-$5 (nominal copay) | Varies by state; depends on formulary coverage. |
| Medicare Part D | Varies | Cost depends on plan, deductible, and coverage phase. |
| Patient Assistance Program | Varies (often free) | Requires eligibility and enrollment through Verrica. |
Conclusion
Understanding the actual cost of Ycanth (cantharidin) is more complex than just knowing the list price. Patients with commercial insurance can dramatically reduce their out-of-pocket expenses using the manufacturer's copay assistance program, potentially paying as little as $25 per applicator. For uninsured or underinsured patients, the Verrica Patient Assistance Program offers a critical pathway to access the medication at a reduced cost or for free, based on financial need. It is essential for patients to talk with their healthcare provider and insurance company to understand their coverage and explore all available savings options before beginning treatment. Leveraging online pharmacy price comparisons and patient support services can make a significant difference in managing the overall cost of Ycanth treatment.