CVS Health and pharmaceutical company Adapt Pharma have struck a deal to offer Narcan discounts to patients without insurance. Narcan is the opioid overdose rescue drug.
CVS Health officials say their deal with Adapt Pharma will give consumers a $35 dollar coupon to buy the drug. That, they say, should reduce the patient’s out of pocket cost by about 25 percent.
The drug can reverse an opioid overdose if administered soon enough, and it’s saved many lives in Rhode Island. It’s available without a prescription at most pharmacies.
But the price of Narcan has more than doubled in the past couple of years. At CVS pharmacies, the retail price for Narcan nasal spray ranges from about $109 to $145 dollars a kit. For the injectable form of the drug, the cost is $45 dollars.
Still, many insurers now cover Narcan. And a new law now requires them to cover the drug for friends and family of patients who could benefit from Narcan.