Skip to main content
Drug Info

Latuda copay card: Program update and other ways to save

The manufacturer-sponsored Latuda copay card was recently discontinued, but there are other ways to save
Taneia Surles, MPH
By | Updated on Oct. 25, 2024 Medically reviewed by Jesse P. Houghton, MD, FACG
A savings card and prescription bottle: Latuda copay card: Eligibility, savings & more

Key takeaways

  • Latuda is a prescription medication that a healthcare provider prescribes to treat schizophrenia and bipolar disorder.

  • Without health insurance coverage, Latuda’s cash price is over $1,800 for a month’s supply. 

  • Although the Latuda savings card from its manufacturer was discontinued, you can save on Latuda with a SingleCare coupon.

In this article:

Latuda (lurasidone) is an antipsychotic drug that’s approved by the Food and Drug Administration to treat people ages 10 and older for depressive episodes that happen with bipolar I disorder (bipolar depression) and people ages 13 and older for schizophrenia.

“Generally, the drug works through influencing brain neurotransmitters that help stabilize moods in people,” says Heather Wilson, a licensed clinical social worker and executive director of Epiphany Wellness in Blackwood, New Jersey. “This medication is usually recommended by doctors because of its helpfulness and lesser chances of weight gain compared to other antipsychotic drugs.”

Without insurance coverage, Latuda can be expensive. Fortunately, there are a few options for individuals to save money on this medication with or without a health insurance plan. 

How much does Latuda cost?

The cost of brand-name Latuda is about $1,859 for a 30-day supply of 40-milligram (mg) tablets without insurance coverage. The price varies by dosage, pharmacy, and location. Insurance coverage also greatly affects the final price of prescription drugs like Latuda.

“Whether general health plans cover Latuda depends on the specific insurer and plan details,” said Samuel Green, an independent insurance broker in Farmingdale, New Jersey. “Many do [cover] this drug, but utilization management restrictions like prior authorization and quantity limits per month are common, unfortunately.”

“Medicare covers this brand drug under Part D plans, though the copays and degree of coverage could differ according to respective Medicare program plans’ specifics,” Wilson said. As for Medicaid, Green said that Medicaid plans tend to cover Latuda given its “frontline status for serious mental health conditions, dramatically reducing out-of-pocket costs.” 

Regardless of the type of coverage you have, some plans may require prior authorization or first trying a more affordable alternative before covering Latuda. Talk to your health insurance provider to learn more about your specific drug coverage for Latuda.

Latuda copay card

Sunovion Pharmaceuticals Inc. offered a Latuda savings card that provided access to free or discounted Latuda for up to 12 months. Unfortunately, the program was discontinued in July 2024, but there are other ways to save. 

How to save on Latuda

Although the Latuda Copay Savings Program is no longer in effect, you can save on Latuda with a free SingleCare prescription discount card. The card provides access to coupons for Latuda and other medications that you can use at pharmacies across the country. With a SingleCare coupon, you could save up to $500 on a 30-day supply of 20 mg tablets of Latuda. If your healthcare provider prescribes the generic form of Latuda, lurasidone, you’ll pay much less. The typical retail price of lurasidone HCl is $1,370 for 30, 20 mg tablets, but you can pay as little as $20 when you use a SingleCare coupon.

While the Latuda copay card was for people who have commercial health insurance, SingleCare coupons are for everyone, regardless of whether they’re covered by insurance, Medicare, or Medicaid. However, you cannot use a SingleCare coupon in conjunction with health insurance. 

To use a SingleCare coupon for Latuda or lurasidone, click “Get free coupon” next to the pharmacy of your choice from the coupon page and either print it or save it to your device so you can show it to your pharmacist. 

Is there a cheaper alternative to Latuda?

Some individuals may wonder if there’s a cheaper drug they can use in place of Latuda. Other than generic lurasidone, there are a variety of Latuda alternatives a healthcare provider may recommend, depending on the diagnosis. A few brand-name options include:

There are other medications that a healthcare provider may prescribe for schizophrenia or bipolar depression. However, some healthcare providers recommend Latuda for its lower risk of weight gain compared to other drugs. Only a healthcare provider can determine the best treatment plan.