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Synthroid cost and coupons

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CostCouponsFAQsCost considerationsBrand-names vs. genericsWhat to ask
Synthroid oral tablet is a brand-name medication that’s prescribed for underactive thyroid and a certain type of thyroid cancer. It’s available in a generic version called levothyroxine. The cost of Synthroid with and without insurance can depend on several factors and may be lowered by using a coupon.
Medically reviewed by Rosanna Sutherby, PharmD
Updated on March 11, 2023

Read on to learn about Synthroid and its cost. You’ll also find available coupons and suggestions for ways to save on your prescription. If you’d like more information about Synthroid, including its uses, and limitations of use, refer to this overview article.

Cost of Synthroid

Like other medications, the cost of Synthroid can vary. Certain things may affect its price, such as:

  • your insurance plan, if you have coverage
  • the pharmacy you use
  • the cost to visit a healthcare professional to receive a prescription for Synthroid

To find out how much Synthroid costs, ask your doctor, pharmacist, or insurance provider. They may suggest ways to save money on your prescription, including those described in this article. To find out what you’d pay using savings coupons, read the following section.

Coupons for Synthroid

Prescription drug coupons can help you save money by lowering the cost of Synthroid.

Visit this page to access Optum Perks coupons and get price estimates for Synthroid when you use the coupons. These coupons can provide significant savings on your prescription costs.

Note: Optum Perks coupons cannot be used with insurance copays or benefits.

Available app for coupons

To make finding and using these coupons easier, you can download the Optum Perks app. To learn more about this prescription discount app, see this article.

Common questions about Synthroid and cost

Here are some common questions about Synthroid and their answers. 

How much does Synthroid cost with or without insurance?

The cost of Synthroid will usually be lower with insurance than without insurance. The price you pay for Synthroid can vary depending on your treatment plan, your insurance coverage (if you have it) and the pharmacy you use.

If you have insurance, the cost of Synthroid will depend on your out-of-pocket costs. This can include coinsurance, copays, or deductibles. To find out how much you’ll pay for Synthroid, talk with your doctor, pharmacist, or insurance provider.

To find out how much your Synthroid prescription may cost without insurance, talk with your doctor or pharmacist.

If you need help paying for your Synthroid prescription, see the “Coupons for Synthroid” section above.

Is there a cost difference between Synthroid 100 mcg and the drug’s other strengths?

There may be a cost difference between the 100-microgram (mcg) strength of Synthroid and the drug’s other strengths. Your cost may depend on your prescribed dosage and whether you have health insurance.

Synthroid tablets come in 12 strengths. To learn more about Synthroid’s strengths, see this article.

A higher strength tablet may cost slightly more than a lower strength tablet. But, the cost of the different strengths of Synthroid may be the same if you have insurance coverage. Talk with your insurance provider to find out whether this is the case. Or talk with your pharmacist, who may be able to tell you exactly how much your prescription will cost.

Why are costs different for brand-name drugs vs. generic drugs?

Brand-name drugs can be expensive because of the studies needed to test how safe and effective they are.

Makers of a brand-name drug can sell their drug for up to 20 years. When the patent for a brand name expires, other drugmakers can make and sell generic versions. A generic medication is an identical copy of the active drug in a brand-name medication.

This competition may help keep costs for generic medications lower. Also, generic medications contain the same active drugs as brand-name medications. So, they don’t require the same testing, which can be costly.

Ask your doctor if you’d like to know more about the cost difference between brand-name and generic drugs.

Pharmacists looking at medications.

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Cost considerations for Synthroid

Here’s a list of things to consider about the cost of prescription medications:

  • Prior authorization. If you have prescription drug insurance, your insurance company may require prior authorization before it covers the cost of Synthroid. In this case, your doctor will communicate with your insurance company regarding your prescription for Synthroid. The insurance company will decide whether to cover the medication. If a drug requires prior authorization and you begin taking it without this, you may have to pay the full cost for the drug.
  • Three-month supply. If you’re taking Synthroid long term, your doctor may suggest a 90-day supply of the medication. This will have to be approved by your insurance company. Getting a 90-day supply could help lower the drug’s cost. It could also save you time having to make trips to your pharmacy.

If you have questions about any of these considerations, ask your doctor or pharmacist. Or contact your insurance company and talk with a representative.

If you don’t have a health insurance plan, let your doctor or pharmacist know. They may suggest online pharmacy options you could use. You can also ask them about ways to obtain health insurance coverage.

Mail-order pharmacies

You can receive certain medications through a mail-order pharmacy. Getting a prescription this way can help lower the drug’s cost. It also means you can receive the drug without leaving your home. Some Medicare plans may cover the cost of mail-order medications.

Brand-names vs. generics

Synthroid is a brand-name medication. It’s available as a generic version called levothyroxine tablets.

A generic medication is an identical copy of the active drug in a brand-name medication. Generics usually cost less than brand-name drugs. And they’re thought to be as safe and effective as the brand-name version.

If your doctor has prescribed Synthroid and you’re interested in taking levothyroxine tablets instead, tell your doctor. They may prefer one medication over the other. You’ll also need to check with your insurance company, as your plan might only cover one version of the drug.

To learn how the cost of Synthroid compares with its brand-name version, talk with your doctor or pharmacist. You could also contact your insurance company. 

What to ask about Synthroid

This article provides cost information related to Synthroid and offers suggestions for ways to save money on your prescription. A link for coupons for Synthroid can be found above in the article.

If you have more questions about paying for this medication, let your doctor or pharmacist know. They can provide more information. You can also reach out to your insurance company.

Here’s a list of questions you may want to ask regarding the cost of your medication:

  • What are my options if I can’t afford my Synthroid medication?
  • Are there other medications that can treat my condition and cost less?
  • Does Medicare cover Synthroid?

Disclaimer: Optum Perks has made every effort to make certain that all information is factually correct, comprehensive, and up to date. However, this article should not be used as a substitute for the knowledge and expertise of a licensed healthcare professional. You should always consult your doctor or another healthcare professional before taking any medication. The drug information contained herein is subject to change and is not intended to cover all possible uses, directions, precautions, warnings, drug interactions, allergic reactions, or adverse effects. The absence of warnings or other information for a given drug does not indicate that the drug or drug combination is safe, effective, or appropriate for all patients or all specific uses.

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