PROPARACAINE 0.5% EYE DROPS
For 15 mL
Pharmacies pay
$22.05 filed
15 × $1.46978 per ML
CMS NADAC · nadac-national-average-drug-acquisition-cost-20261014.csv · eff. 2026-09-23, 2026-09-30 · as of 2026-10-14 · retrieved 2026-10-17
Medicare Part D paid
$27.37 filed
15 × $1.82467 per ML, Part D average
Medicare's price is not your price.
Medicare Part D · DSD_PTD_RY26_P04_V10_DY24_BGM.csv · eff. 2024-01-01 to 2024-12-31 · as of 2026-06-25 · retrieved 2026-10-18
The spread
1.2× estimated
Medicare paid 1.2× what pharmacies pay.
Part D averages every strength and form sold under “Proparacaine HCl” into one figure, so it is not specific to this NDC.
OpenBill calculation · DSD_PTD_RY26_P04_V10_DY24_BGM.csv + nadac-national-average-drug-acquisition-cost-20261014.csv · NADAC eff. 2026-09-23, 2026-09-30 (file of 2026-10-14, retrieved 2026-10-17) · Part D 2024-01-01 to 2024-12-31 (file of 2026-06-25, retrieved 2026-10-18)
Cost-plus estimate
$30.36 estimated
$22.05 + $3.31 (15%) + $5.00 fee per fill = $30.36
This is a model, not a price any pharmacy quoted. Shipping is not included. How it is worked out
OpenBill calculation · nadac-national-average-drug-acquisition-cost-20261014.csv · NADAC eff. 2026-09-23, 2026-09-30 (file of 2026-10-14, retrieved 2026-10-17)
Open the interactive card Change the quantity, type what you were charged, and see every record in full.
What it is
PROPARACAINE 0.5% EYE DROPS is how the CMS NADAC file names this product. The FDA NDC Directory lists it as proparacaine hydrochloride.
FDA gives its dosage form as solution/ drops and its route as ophthalmic.
FDA lists 5 labelers (the companies named on the label) for its NDCs, among them Bausch & Lomb Incorporated, Micro Labs Limited and Sandoz Inc.
FDA’s Established Pharmacologic Class for it is Local Anesthetic.
The NADAC file of 2026-10-14 prices it under 5 NDCs (National Drug Codes).
NADAC classes it as a generic drug (rate-setting class G), and does not mark it as sold over the counter.
What pharmacies pay
Pharmacies pay $22.05 for 15 mL (15 × $1.46978 per ML, rounded to the cent), by the CMS NADAC file of 2026-10-14; those prices took effect between 2026-09-23 and 2026-09-30. That is what pharmacies pay their suppliers, not what they charge you.
NADAC’s explanation codes for it: 1, calculated from the most recently completed pharmacy survey; 5, calculated based on package size.
What NADAC measures · NADAC explanation codes
All 5 NDCs
- 24208-0730-06 · Bausch & Lomb Incorporated · $1.46978 per ML · eff. 2026-09-23 filed
- 42571-0497-57 · Micro Labs Limited · $1.46978 per ML · eff. 2026-09-30 filed
- 61314-0016-01 · Sandoz Inc. · $1.46978 per ML · eff. 2026-09-23 filed
- 70069-0601-01 · Somerset Therapeutics, LLC · $1.46978 per ML · eff. 2026-09-23 filed
- 70756-0193-35 · Lifestar Pharma LLC · $1.46978 per ML · eff. 2026-09-23 filed
What Medicare paid
Medicare Part D paid $27.37 for 15 mL, at an average of $1.82467 per ML in 2024 (2024-01-01 to 2024-12-31) for “Proparacaine HCl”, every strength and form sold under that name together (Medicare Part D Spending by Drug, file of 2026-06-25).
That average covers 1,040 Part D claims (fills, including refills) for 2024-01-01 to 2024-12-31, across every maker, strength and form under the name.
Medicare's price is not your price.
What Part D spending measures · Which Medicare figure OpenBill compares · How the spread is worked out
What to ask at the counter
None of these figures is your price: what you pay depends on your pharmacy, your insurance, coupons and discounts.
- What is your cash price for 15 mL? Is it lower than what I would pay through my insurance?
- How much is in the package I am getting? This page uses 15 mL; your package may hold a different amount.
- If you have Medicare Part D: what is my plan’s copay or coinsurance for it? The Part D average on this page is not what you pay.
- These are questions about price, not medical advice. Do not change or stop a medicine without talking to your prescriber or pharmacist.
Questions
- Why is the comparison with Medicare for PROPARACAINE 0.5% EYE DROPS labelled estimated?
- Beyond what the card shows, the records give these reasons: The Part D figure covers 2024-01-01 to 2024-12-31; the NADAC price is from the file of 2026-10-14. Part D spending basis, as the Part D record states it: Part D 2024 average spend per dosage unit for Proparacaine HCl / Proparacaine HCl: all makers, strengths, forms and routes combined, claim-weighted; gross cost incl. dispensing fees and patient pay, before rebates. Unit taken as NADAC's ML. Joined on generic name.
- Why does this page start at 15 mL?
- NADAC prices this product per ML. The FDA NDC Directory’s package description gives 15 mL in one package for all 5 NDCs of this product (“1 BOTTLE, DROPPER in 1 CARTON (24208-730-06) / 15 mL in 1 BOTTLE, DROPPER”), so the card starts at one package: 15 ML. Change it to match your prescription.