How to save money on schizophrenia medication

Insurance plans, including Medicare and Medicaid, typically cover schizophrenia medication. However, the costs of these medications vary widely—from generic drugs that are not too expensive, to newer brand-name drugs, and even more costly brand-name long-acting injectable medicines. Injectable schizophrenia medication can be helpful for people who have trouble remembering to take their medicine every day, but it can be much more expensive than oral medications. 

If your insurance does not cover the schizophrenia drug prescribed by your healthcare provider, you can still save on your prescription by using a SingleCare coupon. Prices tend to be significantly lower for generic medications than brand-name medications. To save the most money, ask your healthcare provider if you can take a drug that’s available in generic form. Then, use your SingleCare card to access coupons you can use at your local participating pharmacy to save even more. For example, a one-month supply of brand-name Geodon (30, 40 mg capsules) costs about $884 without insurance. However, generic Geodon (ziprasidone) is just as effective, and you can pay as low as $13 with a SingleCare coupon for ziprasidone. 

You can also save money on long-acting injectable schizophrenia medication by using your SingleCare card. For example, a monthly prescription of Invega Sustenna without insurance costs about $4,681, but using a SingleCare coupon can lower the price to $3,444—still costly, but a savings of 26% off the original price. 

How to use SingleCare for schizophrenia medication

Using a SingleCare coupon is easy:

1. Search for your prescription on our website or app, or use the links to popular schizophrenia medication coupons above.

2. Enter the correct form, dosage, and quantity for your prescription to ensure that you receive the most accurate price at the pharmacy.

3. Show your pharmacist your SingleCare card or coupon when filling your prescription.

Maximize savings by signing up for SingleCare

You can save even more money on your prescription by signing up for free. SingleCare is free to use and available to everyone. Registered members can save even more, and it's fast and free to join!

Resources for schizophrenia: Programs & patient assistance

There are several resources that can help lower the cost of schizophrenia treatment. For example: 

• Medicare: Medicare Part D and Medicare Advantage Plans cover many mental health medications. All Medicare drug plans are required to provide coverage for antipsychotic medicines. However, the specific medications that are covered, as well as your out-of-pocket costs, will vary by plan. You can contact your plan for more information on cost and coverage.

• Medicaid: Medicaid plans cover antipsychotics. However, specific coverage can vary by state. Contact your Medicaid plan for more information about which schizophrenia medications are covered in your state. 

• Patient assistance programs: Patient assistance programs (PAPs) provide financial support or free medications to qualifying individuals with limited incomes. Some PAPs are sponsored by the drug manufacturers and are specific to certain drugs, while others are nonprofit organizations that can help with costs of various drugs.

• Pharmaceutical companies: The companies that manufacture certain brand-name antipsychotics may offer discounts, savings plans, or rebates. Contact the manufacturer directly for more information about any available savings offers.

• Behavioral health networks: A behavioral health network offers various mental health services and treatment options, including reduced costs on medications. To find one, you can ask your healthcare provider, check with your insurance plan for in-network options, or reach out to community organizations for recommendations.

You can also ask your healthcare provider if they know of any specific resources that would be appropriate for you.