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Olanzapine* (Olanzapine) — Medicare Part D spending

Multiple manufacturers (15) · Rank #333 by total Part D spend · CMS data year 2023

Medicare Part D spent $127,379,077 on Olanzapine* (Olanzapine) in 2023, the #333 drug by total Part D spending out of 3,598 drugs. That worked out to about $1.00 per dosage unit, $36 per claim and $247 per beneficiary, across 3,582,283 claims for 516,737 beneficiaries. Average spending per dosage unit rose +3.3% from 2022. These are aggregate Medicare program figures (gross drug cost), not the price you pay.

Source: CMS Medicare Part D Spending by Drug (data year 2023). Data as of June 2026.

Olanzapine* (Olanzapine) spending at a glance (2023)

MetricOlanzapine* (Olanzapine)
Total Part D spending (2023)$127,379,077
Total spending (2022)$119,687,735
Year-over-year change in total spending+6.4%
Average spending per dosage unit (2023)$1.00
Change in spend per dosage unit (YoY)+3.3%
Avg annual change per dosage unit (2019-2023 CAGR)+5.9%
Average spending per claim (2023)$36
Average spending per beneficiary (2023)$247
Total claims (2023)3,582,283
Beneficiaries (2023)516,737
Total dosage units (2023)135,172,604
Manufacturer(s)Multiple manufacturers (15)
National rank by total spend (of 3,598 drugs)#333

Source: CMS Medicare Part D Spending by Drug (data year 2023). Data as of June 2026.

2022 vs 2023

Olanzapine* (Olanzapine): year-over-year Medicare Part D figures. Per-claim/per-beneficiary "change" omitted because it mixes price and utilization. Source: CMS Medicare Part D Spending by Drug (data year 2023).
Metric20222023Change
Total spending$119,687,735$127,379,077+6.4%
Avg spend per dosage unit$0.97$1.00+3.3%
Avg spend per claim$34$36
Avg spend per beneficiary$243$247
Total claims3,515,4883,582,283
Beneficiaries493,382516,737

How Olanzapine* compares with nearby drugs

Drugs with total Part D spending closest to Olanzapine* (Olanzapine):

Olanzapine* (Olanzapine) and its nearest-spend peers. Source: CMS Medicare Part D Spending by Drug (data year 2023), data year 2023.
Drug (rank)Total spend 2023Per dosage unitPer-unit YoY
Olanzapine* (Olanzapine) (this drug, #333)$127,379,077$1.00+3.3%
Metformin HCl ER (Metformin HCl) (#331)$127,749,569$0.0849+25.3%
Orserdu (Elacestrant HCl) (#332)$127,626,022$694.68
Dificid (Fidaxomicin) (#334)$127,162,103$244.78+5.7%
Nano 2nd Gen Pen Needle (Pen Needle, Diabetic) (#335)$127,016,041$0.54+3.1%
Gilenya (Fingolimod HCl) (#336)$125,490,483$356.52+6.4%

Frequently asked questions

How much does Medicare Part D spend on Olanzapine*?

Medicare Part D spent $127,379,077 on Olanzapine* (Olanzapine) in 2023 (the latest CMS data year), across 3,582,283 claims for 516,737 beneficiaries. That ranks #333 of 3,598 drugs by total Part D spending. This is gross drug cost (Medicare, plan and beneficiary payments combined), not the price you personally pay.

What is the average spending per dosage unit for Olanzapine*?

In 2023, the weighted average Medicare Part D spending per dosage unit for Olanzapine* (Olanzapine) was $1.00. Compared with 2022 it rose +3.3%. A "dosage unit" is one pill, tablet, milliliter or other billing unit, so this is not the price of a prescription.

Who makes Olanzapine*?

CMS attributes Olanzapine* (Olanzapine) to Multiple manufacturers (15) in the 2023 Part D spending file. Average spending per claim was $36 and per beneficiary $247.

Is the Olanzapine* figure the price I pay?

No. These are aggregate Medicare Part D program figures (total gross drug cost and averages across all claims), published by CMS for transparency. Your out-of-pocket cost depends on your plan, formulary, deductible and coverage phase. Always check your plan and talk to your pharmacist or doctor.

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Source & what this means

Figures are from the CMS Medicare Part D Spending by Drug dataset (data year 2023, US public domain). "Total spending" is the gross drug cost — Medicare, plan and beneficiary payments combined — for Part D claims; it is not a list price, a negotiated price, or what any individual pays. Spending per dosage unit is volume-weighted across formulations. This is general public-spending information, not medical or pricing advice. Your own cost depends on your plan, deductible and coverage phase — verify with your Part D plan and a pharmacist. Data as of June 2026. See our methodology and disclaimer.

Last updated: 2026-06-20