Metformin out of pocket price U.S. 2004-2022

Published by
Matej Mikulic,
Nov 5, 2024

In 2022, the average out-of-pocket cost for metformin stood at 4.34 U.S. dollars. Metformin is primarily used for the treatment of type 2 diabetes. This statistic shows the out-of-pocket costs of metformin prescriptions in the U.S. from 2004 to 2022.

Metformin out-of-pocket cost in the U.S. from 2004 to 2022 (in U.S. dollars)

CharacteristicOut of pocket cost in U.S. dollars
2004 20.36
2005 18.83
2006 26.48
2007 10.04
2008 9.52
2009 6.67
2010 6.65
2011 7.09
2012 6.34
2013 7.72
2014 5.55
2015 4.84
2016 4.42
Showing entries 1 to 13 (19 entries in total)
Created with Highcharts 7.2.2Out of pocket cost in U.S. dollars20.3620.3618.8318.8326.4826.4810.0410.049.529.526.676.676.656.657.097.096.346.347.727.725.555.554.844.844.424.424.474.474.814.814.234.234.074.074.44.44.344.342004200520062007200820092010201120122013201420152016201720182019202020212022
051015202530

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Release date

2024

Region

United States

Survey time period

2004 to 2022

Supplementary notes

"Out-of-pocket" cost refers to the payment made by the patient (either cash price or the copay amount). This value does not include reimbursement from a third party payer (eg, Medicare or private insurance) and does not represent the total drug cost.

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