Many Pharmacists Can’t Tell You About Lower Cost Options
Why Your Pharmacist Can’t Tell You That $20 Prescription Could Cost Only $8 New York Times
- “The clauses force the pharmacists to remain silent as, for example, a consumer pays $125 under her insurance plan for an influenza drug that would have cost $100 if purchased with cash.”
- “Much of the difference often goes to the drug benefit managers.”
Gag laws in most states
“At least five states have adopted laws to make sure pharmacists can inform patients about less costly ways to obtain their medicines, and at least a dozen others are considering legislation to prohibit gag clauses… “
“A consumer filling a prescription for a drug to treat diabetes or high blood pressure may owe $20 if he uses insurance coverage. By contrast, a consumer paying cash might have to pay $8 to $15.”
North Dakota and a good law for consumers, but it being sued by Pharmaceutical Care Management Association,
“In North Dakota, a new law explicitly bans gag orders. It says that a pharmacy or pharmacist may provide information that “may include the cost and clinical efficacy of a more affordable alternative drug if one is available.”
“The North Dakota law also says that a pharmacy benefit manager or insurer may not charge a co-payment that exceeds the actual cost of a medication.”
See also VitaminDWiki
See also web
- Pharmacy ‘Clawbacks’ Targeted in Latest State Law Aimed at PBMs July 2017, law passed in Connecticut
- "Most patients never realize there’s a cheaper cash price because of clauses in contracts between pharmacies and PBMs that bar the drugstore from telling people there’s a cheaper way to pay."
What Do Clawback Fees Mean for Pharmacies and Patients? iMedicare.com
Search Google for clawbacks pharmacy 36,000 hits Feb 2018
Drug profit motives - personal note by Henry Lahore, Founder of VitaminDWiki
A few years ago I picked up 4 prescriptions for my father-in law.
One "prescription" was for a bottle of 12 aspirin,which cost $12 (325 mg = standard dose)
On the shelf at the drugstore was a bottle of aspirin costing $0.01 per pill
I suspect the pharmacist got about $4 for selling the "prescription"
I also suspect that the doctor was able to bill Medicare for making the prescription.