8/7/2023 0 Comments Metformin er 500 mg![]() To read more Rx Drug Alerts, go to the Menu Bar at the top of the page, and click on Rx Drug Alert tab. You’ll likely save considerable sums if you do. ![]() It’s important for every plan to review its claims data continuously to identify inappropriate costs and use.įor your first effort: Look at metformin HCL ER, and make sure you (i) analyze your claims data and “Top 50 Drug Lists” (ii) determine how much you are spending on each version of these drugs and (iii) consider blocking all high-cost generic and brand versions. For the full list of excipients, see section 6.1. In fact, if you search your claims data for those products, you’ll likely find you’ve been spending at least $2,000 and perhaps more than $3,000 per 30 day script for brand Glumetza! Each prolonged release tablet contains 500mg metformin hydrochloride corresponding to 390 mg metformin base. Note too: It also makes no sense for plans to cover the brand versions of those two drugs since they are even more expensive. Both are examples of generic drugs with grossly inflated costs. Thus, it’s hard to imagine why any entity would cover generic Fortamet and Glumetza products (without at least a very strict letter of medical necessity). (iii) Metformin ER: The reference drug is Glumetza:Īs you can see, there are big differences in cost – per unit – for the generic versions of Fortamet and Glumetza! (ii) Metformin OSM: The reference drug is Fortamet: (i) Metformin ER: The reference drug is Glucophage XR: Metformin (immediate release): The reference drug is Glucophage: Focus in particular on the far right column, reflecting the per unit AACs (reported average retail acquisition costs): Our 3 columns for each drug identify each of the dosage strengths, the GSN identifiers, and the per ‘unit’ cost based on current retail Average Acquisition Costs (AACs). To help you understand what is taking place, we provide you with the following Chart, reflecting, first, the “immediate release” version of metformin, and then the 3 “extended release” generic versions of this drug. ![]() But it’s reasonably likely that many (if not most) of your beneficiaries are unknowingly using the high-cost forms of this drug. ![]() The answer: There are certain generic forms of metformin HCL ER that are absurdly expensive, while others bear the low-costs that you’d expect. So the question is: Why would this line item be among your “Top 50” most expensive drugs? There aremetformin HCL ER treatments that are very inexpensive. Metformin HCL is a longstanding, very inexpensive diabetes treatment. If you examine your claims data, you’ll likely discover that among your “Top 50 Most Expensive Drugs” is a line item for generic “metformin HCL ER”. ![]()
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