The Finasteride Cost In Canada: How To Reduce The Long-Term Cost?

Written by the UPGUYS Editorial Team

Published on March 31, 2022

Shockingly, more than 9 million Canadians have issues with male pattern baldness. That's a ton of people who are dealing with sparse, shedding and falling out hair. 

One method people use to help get over their hair loss is to invest in Finasteride. However, if they're going to do so, they need to make sure they get the best Finasteride price!

If you're thinking of using Finasteride, this Finasteride cost guide is for you. Let's take a look at everything you need to know about your potential Finasteride for hair loss cost.

Table of Contents

If you're looking for answers to specific questions, check out this table of contents. Here you can jump to anything you need to know about the Finasteride price in Canada.

1. What Is Finasteride and How Does It Work?
2. What Types of Finasteride Are Available?
3. How Much Does Finasteride Cost in Canada?
4. Does Insurance Pay for Finasteride in Canada?
5. How to Reduce Your Long-Term Finasteride Cost
6. Final Words

What Is Finasteride and How Does It Work?

Before we start talking about the different costs of Finasteride, let's talk about what this drug actually is. Finasteride is a supplement that can aid hair loss as well as benign prostate hyperplasia (BPH). Let's look at each of these uses.

Benign Prostate Hyperplasia

Benign prostate hyperplasia is when a man's prostate begins to enlarge. Men with this issue usually have a large number of dihydrotestosterone hormones, also known as DHT hormones. 

DHT causes your prostate to grow larger. When there's too much of it, a man's prostate size can get out of hand and lead to issues such as the following: 

• Difficulty when peeing
• Pain when urinating
• Difficulty completely emptying the bladder
• Frequent need to urinate

Finasteride decreases the amount of DHT in your body. As a result, men's prostates stop growing and stay at a healthy and normal size. 

Keep in mind that women or children should not take finasteride. Pregnant women need to be especially careful to avoid these medicines, as even just touching the pills can affect the pregnancy.

Male Hair Loss

Another issue that Finasteride can help eliminate is hair loss. Once again, too much DHT in the body can lead to hair loss, causing issues such as alopecia. 

Men with these types of hair loss issues may find some relief in taking Finasteride. They won't need quite as high of a dose, however, and can instead take about 1mg of Finasteride. 

The current Finasteride 1mg cost is pretty much the same cost as Finasteride for men who are using Finasteride for BPH.

What Types of Finasteride Are Available?

Finasteride is usually sold under one of two brand names: 

• Propecia
• Proscar

Propecia is 1mg Finasteride. It's best used for hair loss and to help men who struggle with balding or receding hairlines. 

Proscar is 5mg Finasteride. This supplement is most commonly used for men struggling with BPH.

Keep in mind that neither of these medications should be taken by women or children. Pregnant women need to be especially careful to avoid these medicines, as even just touching the pills can affect the pregnancy.

Read more: What Happens If I Stop Using Minoxidil Or Finasteride?

How Much Does Finasteride Cost in Canada?

If you want to invest in Finasteride to help put a stop to hair loss in men, you'll need to know how much to pay. We've mentioned a little bit about this earlier, but let's take a closer look.

Finasteride 5mg

Most people won't purchase finasteride 5mg on a pill by pill basis. Instead, they'll purchase monthly supplies. 

If that's the case, you can expect your average Finasteride cost per month to come out a bit higher. However, that cost can be slightly higher or lower depending on where you purchase it. 

Finasteride 1mg

If you're buying a 30-day supply, your Finasteride monthly cost will come out at a more affordable than 5mg doses but can still add up! Once again, your costs might be slightly higher or lower depending on where you purchase your pills.

Does Insurance Pay for Finasteride?

Interestingly enough, Finasteride is sometimes covered by health insurance outside of Canada. Within Canada, however, the drug is rarely covered by your insurance policy. 

Be sure to check with your health insurance policy, however. Coverage varies from policy to policy as well as from province to province. 

How to Reduce Your Long-Term Finasteride Cost

If you're using finasteride to help with hair loss and are tired of spending so much on a monthly basis, we don't blame you. The good news is that you can lower your costs by being savvy.

For one thing, you can try using a mail-order pharmacy or supplement service, such as UPGUYS. Mail-order prices tend to be much more affordable than if you purchased your supplements in-store. 

In addition, it's a good idea to double-check with your insurance as to whether or not they cover Finasteride. As mentioned earlier, insurance coverage for this drug varies from province to province as well as depending on what policy you have. 

Last but not least, you can always claim all your UPGUYS purchases on taxes. Click here to see how.

Final Words

Finasteride is a product that can help with a few different male health problems. And, as you can see from this Finasteride cost guide, it's actually relatively affordable.

Whether you want to find the lowest Finasteride for hair loss price or you're looking for a different hair supplement, we can help. Browse our products to find the perfect way to get your hair loss under control.