Lorazepam (Ativan) is an inexpensive drug used to treat anxiety. This drug is slightly more popular than comparable drugs. It is available in both brand and generic forms. Generic lorazepam is covered by most Medicare and insurance plans, but some pharmacy coupons or cash prices may be lower. The lowest GoodRx price for the most common version of generic Ativan is around $4.25, 90% off the average retail price of $43.64.