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NP Thyroid is a prescription medication that is used to treat thyroid conditions. These conditions are low thyroid hormone, or hypothyroidism, and the enlargement of the thyroid gland, or goiter. Due to its usefulness in treating many thyroid conditions, it is only natural to ask if Medicare covers it.
So a common question many people have is, “does Medicare cover NP Thyroid?” In this article, we answer that question in clear, plain English. You will also find the average costs of NP Thyroid and other helpful info.
Does Medicare Cover NP Thyroid?
The short answer is no. In most cases, Medicare will not cover the cost of NP Thyroid. That said, there may be some situations where you can get these costs covered. Below we’ll take a closer look at this to see when you might be able to get Medicare to pay for your NP Thyroid.
Original Medicare (Medicare Part A and Part B) does not provide coverage for NP Thyroid. That is because Original Medicare mainly covers medically necessary services, equipment, and treatment rather than prescription drugs. Prescription drug coverage may be provided by either Medicare Advantage plans or by Medicare Part D.
Pat C Coverage for NP Thyroid
Just like with Original Medicare, Medicare Advantage plans (Medicare Part C) typically do not provide coverage for NP Thyroid. Medicare Advantage plans cover everything Original Medicare covers and but usually also offer some additional benefits. However, coverage and out-of-pocket costs will vary depending on the specifics of your plan.
Medicare Part C plans that have prescription drugs coverage do not provide coverage for NP Thyroid. However, some Medicare Part C plans with prescription drug coverage may provide coverage for a similar medication known as Armour Thyroid.
Part D Coverage for NP Thyroid
Medicare Part D plans also do not provide coverage for NP Thyroid. But even though all Medicare Part D plans do not cover NP Thyroid, some Medicare Part D plans may provide coverage for a similar medication known as Armour Thyroid.
Medicare Coverage for Armour Thyroid
Armour Thyroid is an oral medication that healthcare providers prescribe to treat hypothyroidism. This medication is FDA-approved. Medicare Part D will provide coverage for Armour Thyroid if it is prescribed by your healthcare provider to treat the following conditions:
- Hashimoto’s disease
- Thyroid nodules
- Thyroid cancer
Just like with Medicare Part C plans, the out-of-pocket costs of Armour Thyroid will vary depending on your Medicare Part D plan.
How Much Does NP Thyroid Cost?
30 tablets of 60 mg NP Thyroids can cost $32. However, the price may change depending on the pharmacy where you purchase it.
How Different Is NP Thyroid Compared To Armour Thyroid?
Though they are very similar medications, they have small differences that can affect you while you are treating your thyroid condition. Compared to Armour Thyroid, NP Thyroid contains fewer inactive ingredients. The difference in inactive ingredients can lead to variations in the side effects of the two medicines.
Note: Medicare coverage changes all the time. And your specific coverage may vary from plan to plan for Medicare Advantage and Medigap plans. Always be sure to double check with your health care provider and/or Medicare insurance provider about what your plan covers and what it does not.
Additional Info on Medicare Coverage
This article is part of our series on “What does Medicare cover?”
Also, you can check out other articles in this series including: Does Medicare cover hospice at home?