Hi all,
This was sent to me on another list and has been verified as what is going on with pharmicies etc. Though I am in Canada, so I don't think I am being "gouged" to the same extent on the prescriptions I get, maybe those of you in the states want to check this out...
For example I just went to a new derm & in addtion to the Noritate and tetracycline wHich I already was taking, she put me on Sulphcet-R. Now I always research any new meds & found several US pharmacies were selling this for $54 & $60/bottle. When I picked it up at Walmart here, it was $17.40 CDN dollars - and that included the $4.97 dispensing fee...(so that would be around $12 USD)
Another one : Noritate 1%- 30g - mine was $47.55 CDN (28.79 USD aprox) One online drug place was $48 another $60. What do the rest of you pay?
-Kat in Canada
anyhow, heres the article:
"On Monday night (July 22), Steve Wilson, an investigative reporter for channel 7 News in Detroit, did a story on generic drug price gouging by pharmacies.
He found in his investigation, that some of these generic drugs were marked up as much as 3,000% or more. Yes, that's not a typo..... three thousand percent! Mr. Wilson did a thorough research, and checked out all the major drugstore chains, discount chains, independent pharmacies, and even checked on some Canadian pharmacies. His findings, and report, made me see red to say the least.
So often, we blame the drug companies for the high cost of drugs, and usually rightfully so. But in this case, the fault clearly lies with the pharmacies themselves.
For example, if you had to buy a prescription drug, and bought the name brand, you might pay $100 for 100 pills. The pharmacist might tell you that if you get the generic equivalent, they would only cost $80, making you think you are "saving" $20. What the pharmacist is not telling you is that those 100 generic pills may have only cost him $10!
The following link is to the story itself, so that you know that this is not a hoax of any kind.
www.detnow.com/news/0207221204.html
The next link is to read about the reporter, Mark Wilson.
www.detnow.com/about7/anchors_reporters/wilson/html
Within the story, Mr. Wilson provided a comparison chart, using several drugs, and several pharmacies. The link to that chart follows.
www.detnow.com/news/0207221204-table.html
At the end of the report, one of the anchors asked Mr. Wilson whether or not there were any pharmacies that did not adhere to this practice, and he said that Costco consistently charged little over their cost for the generic drugs. They gave the link to Costco, which I will include here, so that you can go and check prices for yourself. www.costco.com I went to the Costco site, where you can look up any drug, and get it's online price. It says that the in-store prices are consistent with the online prices. I was appalled. Just to give you one example from my own experience, I had to use the drug, Compazine, which helps prevent nausea in chemo patients. I used the generic equivalent, which cost $54.99 for
60 pills at CVS. I checked the price at Costco, and I could have bought
100 pills for $19.89. For 145 of my pain pills, I paid $72.57. I could have got 150 at Costco for $28.08.
I would like to mention, that although Costco is a "membership" type store, you do NOT have to be a member to buy prescriptions there, as it is a federally regulated substance. You just tell them at the door that you wish to use the pharmacy, and they will let you in. I do believe members get an additional 5% discount.
When I think of all the seniors, people who don't have prescription coverage, and people who don't have insurance at all, I get so very angry that these people are doing without necessities, or without the medications themselves, because they are so cost prohibitive. "