How much is Eliquis with Medicare in Arizona in 2027?

Prices are national Medicare figures from CMS, and the deductible range is from the 2027 plan files for Maricopa County. Eliquis is used to prevent blood clots and stroke in people with atrial fibrillation and to treat or prevent DVT and PE. What you pay at a pharmacy in Chandler, AZ or anywhere in Arizona depends on your 2027 plan's deductible, the tier Eliquis sits on, and whether you have reached the yearly cap.

Eliquis under Medicare Part D in 2027: price and cost figures

Measure	Figure
Medicare negotiated price, 30-day supply, 2027	$237.25
Negotiated price, 30-day supply, 2026 (before)	$231
List price CMS reported before negotiation, 30-day supply	$521
Part D deductible, 2027 standard maximum	$700 ($615 in 2026)
Part D deductibles on Maricopa County 2027 drug plans (85 plans)	$0 to $700
Part D out-of-pocket cap, 2027	$2,400 ($2,100 in 2026)
Your 2027 total for 12 fills on a standard-design plan at the negotiated price	$1,236.75
Average gross Part D cost per claim, 2025 (national)	$912.31
Average gross Part D cost per claim, Q1 2026 (national, preliminary)	$399.01
People with Part D who used it in 2025 (national)	4,806,752

How Part D pricing works for this drug in 2027

Your plan pays the pharmacy a negotiated price, and your share comes in three steps, in this order:

Step 1, the deductible: you pay the plan's full price until your deductible is met. No 2027 plan may set it above $700 (it was $615 in 2026). The 85 Maricopa County plans with drug coverage run from $0 to $700, and Arizona's 9 stand-alone drug plans from $300 to $700.

Step 2, your tier: after the deductible you pay the copay or coinsurance set by the tier Eliquis sits on. Under the standard design CMS publishes, that is 25% of the drug's cost.

Step 3, the yearly cap: once your out-of-pocket spending on covered drugs reaches $2,400 in 2027 (up from $2,100 in 2026), you pay $0 for covered Part D drugs for the rest of the year.

Worked year: 12 monthly fills at the $237.25 negotiated price add up to $2,847 in drug cost. On a standard-design plan you pay the first $700, then 25% of the remaining $2,147, about $1,236.75 for 2027, before any other drugs you take. Plans with copays or a lower deductible come out differently, which is why we price your own list.

What changes the answer

Eliquis was one of the first 10 drugs with a Medicare negotiated price. CMS set it at $231 for 2026 and adjusted it for inflation to $237.25 from January 1, 2027, against a $521 list price. The effect shows in CMS data: the average gross cost per Part D claim fell from $912.31 in 2025 to $399.01 in the first quarter of 2026.

For scale, 4,806,752 people with Part D filled Eliquis in 2025, at an average gross cost of $912.31 per claim (national CMS data; a claim can be a 30-day or 90-day fill). Formularies are set plan by plan, so the tier and any prior authorization on your own 2027 plan decide your copay. People with limited income can apply for Extra Help through Social Security, which lowers drug copays.

What to do next

Bring your prescription list to a plan review. During Annual Enrollment, October 15 to December 7, 2026, we compare how Eliquis is covered on the 2027 plans we offer in Maricopa and Pinal counties, including tier, deductible and pharmacy, and show you the yearly total rather than one copay.

Related questions

Sources

1. CMS Selected Drug List and Maximum Fair Price data file (September 21, 2026 release) Centers for Medicare & Medicaid Services
2. CMS Announcement of Calendar Year 2027 Medicare Advantage Capitation Rates and Part C and Part D Payment Policies Centers for Medicare & Medicaid Services
3. CMS Medicare Advantage and Part D Landscape, Contract Year 2027 Centers for Medicare & Medicaid Services
4. CMS Medicare Quarterly Part D Spending by Drug Centers for Medicare & Medicaid Services
5. CMS fact sheet: negotiated prices for initial price applicability year 2026 Centers for Medicare & Medicaid Services
6. CMS: Selected drugs and negotiated prices Centers for Medicare & Medicaid Services

Please note: We do not offer every plan available in your area. Currently we represent 34 organizations which offer 64 products in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.Rise Up Benefits Group is not connected with or endorsed by the United States government or the federal Medicare program. Medicare has neither endorsed nor reviewed this information.