Prescription Drug Coverage

Invokana Medicare Coverage

Medicare Part D and Medicare Advantage Prescription Drug Plans can cover certain diabetes medications, though plans that cover Invokana may not be available where you live. Learn more about Invokana and find Medicare Advantage plans in your area that cover other prescription drugs.
Invokana
Chemical name: Canagliflozin

Typical dosage: 300mg

Typical type: Tablet1

Invokana is a medication typically used to treat type 2 diabetes. It is a brand name medication and is available as an oral tablet.

Invokana is a prescription medication that contains the active ingredient Canagliflozin. Invokana is taken once daily by mouth before the first meal of the day.

Invokana inhibits sodium-glucose cotransporter 2 (SGLT2) in the kidneys to prevent absorption of blood sugar.

The major side effects of Invokana include increased potassium levels in the blood, urinary tract infections, yeast infections and kidney abnormalities.

How much does Invokana cost with Medicare?

Invokana coverage and costs may vary based on the specific plan you have, as well as what coverage stage you're in.

Contact your plan carrier or consult your plan formulary for more cost information.

Does Medicare cover Invokana?

According to GoodRx, Medicare Advantage plans and Medicare Part D plans don’t typically cover Invokana 2023.1

  • Medicare Advantage plans or Part D plans that cover drugs include copay amounts that can range widely from one plan to another. Plan members may also be responsible for meeting a deductible before the plan’s drug coverage kicks in.

  • Medicare Advantage plans that offer prescription drug coverage are called Medicare Advantage Prescription Drug Plans (MA-PD). 89% of 2024 Medicare Advantage plans include prescription drug coverage.2

  • Medicare prescription drugs plans each have their own formulary, or drug list, that details what prescription drugs are covered by the plan and how they are covered.

Drug coverage may vary based on plan availability. You may be able to find Medicare Advantage plan options in your area that cover prescription drugs. We represent carriers such as Humana, UnitedHealthcare®, Anthem Blue Cross and Blue Shield, Aetna, Cigna Healthcare, Wellcare, or Kaiser Permanente.

You can also compare Part D prescription drug plans available where you live and enroll in a Medicare prescription drug plan online when you visit MyRxPlans.com.

Additional information

Invokana is used in conjunction with diet and exercise to improve blood sugar control.

In patients with established cardiac risk who are taking metformin, the addition of canagliflozin may be considered to reduce major cardiac events.

Invokana can lead to low blood sugar. Signs of low blood sugar include dizziness, headache, feeling sleepy or weak, shaking, a fast heartbeat, confusion, hunger or sweating. Call your doctor right away if you have any of these signs.

The incidence of kidney problems, broken bones and acidosis (too much acid in the blood) have occurred in patients taking Invokana. Stay hydrated to protect your kidneys and avoid dangerous activities that could increase the chance of injury.

Signs and symptoms of kidney problems include inability to pass urine, change in how much urine is passed, blood in the urine or noticeable weight gain.

Call your doctor if you have signs and symptoms of acidosis including confusion, fast breathing, fast heart rate, bad stomach pain, nausea, vomiting, shortness of breath or feeling tired or weak.

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This article is for informational purposes only. It is not healthcare advice, treatment, or diagnosis. It is not an endorsement of or recommendation for this medication. Speak to your doctor or healthcare provider about your specific healthcare needs, including your prescription medications. Only take medication as directed by your doctor.

Coverage and costs of prescription medications will vary by Medicare plan. Not all plans are available in all areas.

 

Written by Hayden Gharibyar, Pharm.D.

1 GoodRx. Invokana. Retrieved November 2023, from www.goodrx.com/Invokana/medicare-coverage.

2 Freed M, et al. (Nov 15, 2023). Medicare Advantage 2024 Spotlight: First Look. Kaiser Family Foundation. www.kff.org/medicare/issue-brief/medicare-advantage-2024-spotlight-first-look.