July 24, 201511 yr They are doing what chains have been doing for years, cant beat the competition just buy them out . But make no mistake whether intentional or unintentional Obama's legislation is shrinking competition in a huge way .
July 24, 201511 yr Just filled 4 rx's , sent the claims to the Ins co and they " paid" with no rejection ... well let me explain that , the Ins Co actually paid NOTHING , they lowered the patients Co pay to BELOW 11 bucks for the 4 rx's combined and they paid nothing , the pt paid 1.74 , 1.89 , 2.50 and 4.24 co pays . For the treatment of high blood pressure and managing their diabetes thats what I got paid . I have to pay all the overhead , Rph salary , techs salary , cost of printer , label , vial , liability Ins etc etc etc , maybe I can make it up in volume ??? Think about it 11 dollars for 4 Rx's .
July 25, 201511 yr Nobody makes money off an Atenolol and Metformin IR, maintenance meds won't line your pockets.
July 25, 201511 yr Average markup on listed price at Walmart is around 70% or so on prescription medication...but with insurance very very few pay people pay full price. When they lowered the price on 1000's of Generics to the $4-10 range for 30 day supply it shook up the industry several years ago. Some independents and chains were charging $30 plus for these scripts at the time...now most generics are in the same price range. Those were a cash cow for pharmacies for years.
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