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Independent; not a government site. Official answers: Medicare.gov, 1-800-MEDICARE.

Is Stelara (ustekinumab) covered by Medicare Part D?

3,672 of 5,052 Medicare Part D plan offerings (72.7%) list Stelara on their 2026 formulary, most often on tier 5; 99% of the formularies that cover it require prior authorization. Part D spending on it was $3.4 billion in 2024 for 24,754 people: what plans and patients paid at the pharmacy, before manufacturer rebates (CMS Part D Spending by Drug).

Plans that cover it
72.7%
3,672 of 5,052 offerings; the median drug: 76%
Usual tier
Tier 5
from tier 1 to tier 5
Prior authorization
99%
of formularies that cover it; the median drug: 1%
Quantity limits
92.7%
of formularies that cover it; the median drug: 30%

0.5% of the formularies that cover it require step therapy (trying another drug first).

Source: CMS Part D formulary file, 2026 second quarter: the formularies in use in 2026. A plan's 2027 formulary can differ; check your own plan's coverage in Medicare Plan Finder.

What does it cost under Part D in 2027?

A negotiated price
Medicare negotiated a lower price for Stelara, in effect from January 1, 2026: $4,695 for a 30-day supply, against a list price of $13,836 (2023). Where your share is a percentage of the drug's price, it is a percentage of the lower price; a flat copay stays as your plan sets it.
Your yearly cap in 2027
Out-of-pocket spending on covered Part D drugs stops at $2,400 in 2027 ($2,100 in 2026); after that, you pay nothing for covered drugs for the rest of the year.
The deductible
A plan's drug deductible is at most $700 in 2027 ($615 in 2026); many plans charge less or none.

Source: CMS, Announcement of calendar year 2027 Part D parameters; Medicare.gov, “How much does Medicare drug coverage cost?”; CMS, “Selected drugs and negotiated prices” (read Oct. 7, 2026).

How much does Medicare spend on it?

Part D spending by year

2020$1.1 billion
2021$1.6 billion
2022$2.3 billion
2023$3.0 billion
2024 (latest)$3.4 billion

24,754 people filled it under Part D in 2024, in 132,865 claims. The amounts are what plans and patients paid at the pharmacy, before manufacturer rebates.

Source: CMS Medicare Part D Spending by Drug, 2020 to 2024 (published June 2026). Row used: Stelara (Ustekinumab).

Which forms and strengths are counted?

  • 0.5 ml ustekinumab 90 mg/ml injection
  • 0.5 ml ustekinumab 90 mg/ml prefilled syringe
  • 1 ml ustekinumab 90 mg/ml prefilled syringe

Which other versions are listed?

The same ingredients under other names, each with its own coverage and spending.

What else should you check?

Data, not medical advice. Coverage is the share of plan formularies listing the drug; your plan's formulary, tier and pharmacy decide what you pay.