Does Medicare Cover Razadyne?
This article was updated on: 09/12/2018
Razadyne helps treat symptoms of Alzheimer’s disease, according to the National Institutes of Health (NIH) Library of Medicine. Doctors may also prescribe this medicine as a generic drug called galantamine. Part A and B of Original Medicare don’t typically cover this kind of prescription drug (see details below). A Medicare Prescription Drug plan might cover this medication.
What is Razadyne?
Doctors classify this medication as an acetylcholinesterase inhibitor according to the National Institutes of Health (NIH). It might slow the progression of Alzheimer’s disease (a form of dementia) by increasing the natural substances in the brain needed for memory and thought. It might even temporarily improve cognitive skills and memory in patients who have this disease. It is not a cure for the disease, but it may help slow the symptoms. Doctors may also prescribe this medicine for other uses as well.
Will Medicare cover Razadyne?
Original Medicare doesn’t cover most prescription medicines that you take at home. For example, Medicare Part A usually covers prescriptions that doctors prescribe to patients as part of their inpatient treatment in hospitals, hospice facilities, and similar inpatient venues. Medicare Part B may provide limited coverage for prescription medications that providers directly administer inside of a clinic or certain other outpatient facilities. Typically, the kinds of prescriptions that Part B may cover are those that patients wouldn’t usually administer to themselves.
Razadine and galantamine are oral prescription medications. Typically, patients receive Razadyne from a pharmacy and take their medication at home. In this situation, you may be able to enroll in a Medicare Prescription Drug Plan that covers Razadyne.
You might be able to choose from two main ways get coverage for Razadyne under Medicare Part D:
- By enrolling in a stand-alone Medicare Part D Prescription Drug Plan.
- By enrolling in a Medicare Advantage Prescription Drug plan.
Both types of plans are available from private insurance companies that contract with Medicare. Each plan maintains a formulary, or list of covered drugs, which you may want to check to see if it covers Razadyne. A plan’s formulary may change periodically, but you will be notified when necessary.
Find a Medicare plan option that may cover Razadyne
Would you like help finding a local Medicare plan option that might cover Razadyne and other prescription drugs? If so, I hope to help you:
- You may request an email or schedule a call by clicking one of the buttons below.
- You can start your own research about local Medicare plan options by clicking on the “Compare Plans” button on this page.