$110.9M
Total Utah Medicare spend on Apixaban, 2023
$926
Average cost per prescription
#14
Rank by number of prescriptions filed
Somewhere in the Utah Medicare Part D billing records for 2023, there's a number that stops you cold. One drug, not the most prescribed, not one most people could name, cost the system $110.9 million in a single year.
The drug is Apixaban, sold under the brand name Eliquis. If you or someone in your family is over 65 and has been diagnosed with atrial fibrillation (AFib), there's a reasonable chance it's already in the medicine cabinet.
Here's why that number matters, and what it might mean for your wallet.
What is Apixaban, and why do so many seniors take it?
Apixaban is a blood thinner. Its main job is reducing the risk of stroke in people who have AFib, a heart rhythm condition where the upper chambers of the heart beat irregularly. AFib is one of the most common heart conditions in people over 65. The older you get, the higher your odds. By age 80, roughly one in ten people has it.
The problem with AFib isn't just the irregular heartbeat. It's that blood can pool in the heart and form clots. Those clots can travel to the brain and cause a stroke. Blood thinners like Apixaban disrupt that process.
So it's genuinely useful medication for a lot of older adults. The question isn't whether it works, it's whether you know what you're paying for it.
The cost gap is hard to ignore
Atorvastatin, the cholesterol drug that's Utah's single most prescribed medication, costs about $14 per prescription on average. Apixaban costs $926. That's not a typo. It's the same category of drug (prescription, taken daily, managed by a primary care doctor), but the price difference is roughly 65x.
Apixaban's high cost comes down to the fact that it's still under patent protection in the U.S. There are older blood thinners that work similarly, Warfarin being the most common. Warfarin costs almost nothing. The reason doctors moved to newer drugs like Apixaban is that Warfarin requires monthly blood tests to manage the dosage safely, while Apixaban doesn't. For patients who travel, or who live an hour from a lab, that matters.
Utah's 119,793 Apixaban prescriptions in 2023 generated more Medicare Part D spending than the #2 and #3 most expensive drugs combined. Insulin Glargine came in second at $48.9 million. Levothyroxine, Utah's second most prescribed drug overall, cost just $6.5 million.
Top 10 Utah Drugs by Total Medicare Part D Spending, 2023
What this means for your Part D plan
If you're on Apixaban, your Part D plan tier placement determines how much of that $926 comes out of your pocket each prescription. Most plans put it on Tier 3 or Tier 4, the higher tiers, which means higher cost-sharing for you.
Starting in 2025, Medicare's $2,000 out-of-pocket cap on Part D gives some relief. But you can still hit that cap faster than you'd expect if Apixaban is one of your regular medications. People living in rural parts of Utah, places like Richfield, Roosevelt, or Price, face the same drug costs as someone in Salt Lake City, but often have fewer plan options to choose from during open enrollment.
Questions worth asking before your next enrollment period
If you're already taking Apixaban, ask your doctor whether the clinical reason you started is still the same. Treatment needs change. Some people start on Apixaban after a procedure and stay on it longer than necessary. Others might be candidates for a different approach entirely, that's a conversation worth having, not an assumption to make.
If you're approaching 65 and have a history of AFib or other clotting conditions, check where Apixaban falls on your specific plan's formulary before you enroll. Not all plans cover it the same way. Some put it on a preferred tier; others don't.
The $110.9 million Utah figure isn't a scandal. In many cases, Apixaban is the right drug for the right person. But when a single medication costs Medicare more than the next two biggest drugs combined, it's worth understanding why, especially if it's in your medicine cabinet.
Source: CMS Medicare Part D Prescribers by Geography and Drug, 2023. Utah state-level data.
Sources
- CMS, 2026 Medicare Parts A & B Premiums and Deductibles Fact Sheet (Nov 14, 2025): Part B standard premium $202.90; Part B deductible $283; Part A inpatient hospital deductible $1,736.
- SSA, Social Security Announces 2.8 Percent Benefit Increase for 2026 (Oct 24, 2025) and 2026 COLA Fact Sheet: 2.8% COLA; average retired worker benefit rises from $2,015 to $2,071.
- CMS, Final CY 2026 Part D Redesign Program Instructions: $2,100 annual Part D out-of-pocket cap.
- 2026 IRMAA brackets (single $109,000 / joint $218,000 starting thresholds); Part B IRMAA total ranges $284.10 to $689.90/month; Part D IRMAA surcharges $14.50 to $91.00/month. See CMS 2026 Fact Sheet (linked above) and the Kiplinger 2026 IRMAA brackets summary.
- CMS, Medicare Part D Prescribers by Geography and Drug: state and local prescription totals and costs (2023 release).
- CMS, Medicare Care Compare: nursing home, hospital, dialysis, and home health quality ratings.
- Utah Department of Health and Human Services, dhhs.utah.gov: Utah-specific provider and health workforce data.
A note on this data: All figures come from the Centers for Medicare & Medicaid Services
(CMS) Medicare Part D Prescribers by Geography & Drug dataset, 2023. This data covers Medicare Part D
(prescription drug coverage) only and does not represent commercial insurance, Medicaid, or cash-pay prescriptions.
Suppressed values (fewer than 11 beneficiaries) are excluded from totals.
This article is for educational purposes only. Nothing here is medical advice. Talk to your doctor before
making any decisions about your medications or treatment. This content is not connected with or endorsed
by the U.S. Government or the federal Medicare program.