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How to pay less for Latuda

Generic name: lurasidoneUsed for: Schizophrenia, bipolar depressionMade by Sumitomo PharmaGeneric availableLast checked October 1, 2026
Quick answer

A generic (lurasidone) is available and usually costs far less. Ask your pharmacist about switching, then compare cash prices.

Generic lurasidone has been available since 2023.

Your options, by how you pay

If you haveStart here
No insuranceCompare generic cash prices at Cost Plus Drugs, TrumpRx.gov and a free discount card.
Job or marketplace planThe generic usually has the lowest copay. A discount card may beat your copay too.
MedicarePart D costs stop at $2,100 for 2026. Extra Help cuts copays if your income is limited. Charity foundations can help too. Copay cards can’t be used with Medicare.
MedicaidUsually covered for a small copay or none. If it’s denied, your doctor can request prior authorization or suggest a covered alternative.

Find the maker’s program

Latuda is made by Sumitomo Pharma. Search the drug name in the Medicine Assistance Tool to see its free-drug and savings programs.

Search programs

What to gather before you apply

  • Your prescription, or your doctor’s contact details
  • Proof of income: last year’s tax return or recent pay stubs
  • Your insurance card, or a denial letter if coverage was refused
  • Photo ID and proof of U.S. residency

Need your doctor’s help or appealing a denial? Use our free letter templates.

Common questions

Is there a generic for Latuda?

Yes. A generic version (lurasidone) is available and usually costs much less than Latuda. Ask your pharmacist or doctor about switching.

How can I get Latuda for free or at a lower cost?

Latuda is made by Sumitomo Pharma. Search the Medicine Assistance Tool for its free-drug and savings programs. With private insurance, check the official Latuda website for a copay card.

Does Medicare cover Latuda?

Coverage depends on your Part D plan’s drug list, so check it or use Medicare’s Plan Finder. Part D costs stop at $2,100 for 2026. Extra Help cuts copays if your income is limited. Charity foundations can help too. Copay cards can’t be used with Medicare.

Prices and program rules change. Check the official source before you apply. This page explains cost options only and is not medical advice.