Last updated: March 2026
How Much Does Canagliflozin (Invokana) Cost?
Cost Breakdown by Type
| Type / Procedure | Without Insurance | With Insurance |
|---|---|---|
| Invokana 100mg (brand) | $500 – $530 | $30 – $100 |
| Invokana 300mg (brand) | $500 – $550 | $30 – $120 |
| Invokamet 150/1000mg (brand combo) | $550 – $650 | $40 – $150 |
What Affects the Cost
- Brand-name vs. generic availability
- Insurance formulary tier placement
- Pharmacy choice (retail vs. mail-order vs. Costco)
- Manufacturer savings cards and coupons
- Dosage and quantity prescribed
- Geographic location
Insurance Coverage
Typical coverage: Tier 3 brand — SGLT2 inhibitor with kidney protection benefits; prior authorization common
Most insurance plans use a tiered formulary: Tier 1 (generic) $0-$15 copay, Tier 2 (preferred brand) $25-$75, Tier 3 (non-preferred brand) $50-$150, Tier 4 (specialty) $100-$500+. Prior authorization may be required for certain medications. Step therapy may require trying cheaper alternatives first.
How to Save Money
- Always ask for generic when available — saves 50-90%
- Use GoodRx, RxSaver, or similar discount cards
- Costco pharmacy is open to non-members and often has lowest prices
- Mark Cuban's Cost Plus Drugs offers transparent low pricing
- Manufacturer patient assistance programs provide free medication to qualifying patients
- HSA/FSA funds can cover medication costs tax-free
Related Procedures & Costs
Frequently Asked Questions
Invokana costs $500 to $550 per month without insurance. With insurance, copays range from $30 to $150 depending on your plan tier.
Yes, the CREDENCE trial showed canagliflozin significantly reduces the risk of kidney failure in patients with type 2 diabetes and chronic kidney disease.
Canagliflozin carries a slightly increased risk of lower limb amputations and bone fractures compared to other SGLT2 inhibitors. Your doctor will assess your individual risk factors.