Drug Price Trends for KLOR-CON M15 TABLET

Average Pharmacy Cost for KLOR-CON M15 TABLET

These are average pharmacy acquisition costs (net of discounts) from a US national survey

Drug Name	NDC	Price/Unit ($)	Unit	Date
KLOR-CON M15 TABLET	00245-5318-01	0.34980	EACH	2024-12-18
KLOR-CON M15 TABLET	00245-5318-89	0.34980	EACH	2024-12-18
KLOR-CON M15 TABLET	00245-5318-11	0.34980	EACH	2024-12-18

Market Analysis and Price Projections for Klor-Con M15 Tablet

Overview of Klor-Con M15

Klor-Con M15 is an extended-release oral tablet containing 1500 mg of microencapsulated potassium chloride, equivalent to 15 mEq of potassium. It is used to treat and prevent hypokalemia, a condition characterized by low potassium levels in the blood[1][4].

Market Demand

The demand for potassium chloride supplements like Klor-Con M15 is driven by the need to manage and prevent hypokalemia, which can be caused by various factors including certain medications, medical conditions, and dietary deficiencies. Given the essential role of potassium in maintaining heart function, muscle contractions, and nerve impulses, the demand for these supplements is consistent and widespread.

Pricing Structure

Current Pricing

The cost of Klor-Con M15 can vary depending on the pharmacy and the use of discount programs. Here are some current price points:

• Brand Name: The cost for Klor-Con M15 (15 mEq) oral tablet, extended release, is around $97 for a supply of 100 tablets for cash-paying customers[1].
• Generic Version: A generic version of potassium chloride is available at a significantly lower price, starting from $22.96 for 100 tablets[2].

Discounts and Assistance Programs

Several mechanisms are available to reduce the cost of Klor-Con M15:

• Discount Cards: The Drugs.com Discount Card can save consumers up to 80% on prescription medicines, including Klor-Con M15[1].
• Coupons and Rebates: Various offers such as printable coupons, rebates, and copay cards can be used to lower the cost. However, no manufacturer promotions were found for Klor-Con M15[1].
• Patient Assistance Programs: While no specific patient assistance programs were found for Klor-Con M15, healthcare providers may have information on other available programs[1].

Competitive Landscape

Other Brands and Generics

The market for potassium chloride supplements is competitive, with several other brands and generic options available:

• Brand Names: K-Dur, K-Tab, Micro-K, Kaon-CI, and Rum-K are other brand names in the same drug class[1][4].
• Generic Options: Generic potassium chloride is widely available and often significantly cheaper than brand-name versions[2].

Price Projections

Short-Term Projections

In the short term, prices for Klor-Con M15 are likely to remain stable due to the following factors:

• Supply and Demand: The consistent demand for potassium chloride supplements and the availability of generic options suggest that prices will not fluctuate drastically.
• Discount Programs: The presence of discount cards and other savings mechanisms will continue to help consumers manage the cost[1][2].

Long-Term Projections

In the long term, several factors could influence the pricing of Klor-Con M15:

• Generic Competition: The availability of generic versions at lower prices may continue to pressure the pricing of brand-name products like Klor-Con M15.
• Regulatory Changes: Any changes in regulatory policies or healthcare reforms could impact the pricing and accessibility of prescription medications.
• Market Dynamics: The entry of new competitors or changes in the market share of existing brands could also influence pricing strategies.

Consumer Impact

Affordability

The affordability of Klor-Con M15 is a significant concern for many consumers. The availability of generic versions and discount programs helps make the medication more accessible. For example:

• Generic Savings: Switching to a generic version can save consumers up to 75% compared to the brand-name product[2].

Access to Care

Access to care is another critical aspect. Patients who are uninsured or under-insured may face challenges in affording the medication. However, healthcare providers and patient assistance programs can help bridge this gap.

Industry Expert Insights

Industry experts emphasize the importance of generic competition in reducing drug prices. As noted by a pharmaceutical industry analyst:

"Generic competition is a key driver in reducing the cost of prescription medications. For drugs like potassium chloride, where the generic version is widely available, consumers can expect significant savings compared to brand-name products."[4]

Statistics and Trends

• Price Comparison: The price for 100 tablets of Klor-Con M15 can range from $96.59 to $102.71, while the generic version starts at $22.96 for the same quantity[1][2].
• Usage Trends: Potassium chloride supplements are commonly prescribed, with millions of prescriptions filled annually, indicating a steady demand.

Key Takeaways

• Pricing Stability: Short-term prices for Klor-Con M15 are expected to remain stable due to consistent demand and the presence of discount programs.
• Generic Competition: The availability of generic versions significantly reduces the cost for consumers.
• Regulatory and Market Factors: Long-term pricing will be influenced by regulatory changes, market dynamics, and the entry of new competitors.
• Affordability and Access: Generic options and discount programs improve the affordability and accessibility of the medication.

FAQs

What is Klor-Con M15 used for?

Klor-Con M15 is used to treat and prevent hypokalemia, a condition characterized by low potassium levels in the blood.

How much does Klor-Con M15 cost?

The cost of Klor-Con M15 can range from $96.59 to $102.71 for 100 tablets, but generic versions are available starting at $22.96 for the same quantity.

Are there any discount programs available for Klor-Con M15?

Yes, discount cards and other savings mechanisms like printable coupons and rebates can help reduce the cost.

What are the differences between brand-name and generic potassium chloride?

Brand-name products like Klor-Con M15 are generally more expensive than their generic counterparts, which offer the same active ingredient at a lower price.

Can I use patient assistance programs to get Klor-Con M15?

While there are no specific patient assistance programs for Klor-Con M15, healthcare providers may have information on other available programs that can help reduce the cost.

Sources

1. Drugs.com: Klor-Con M15 Prices, Coupons, Copay Cards & Patient Assistance
2. Drugs.com: Potassium chloride Prices, Coupons, Copay Cards & Patient Assistance
3. UHCprovider.com: Texas 2024 Qualified Health Plan 5-tier PDL
4. Pharmacompass.com: Klor-Con | Drug Information, Uses, Side Effects, Chemistry