Guest guest Posted May 23, 2003 Report Share Posted May 23, 2003 This is something interesting someone sent me I thought it might help someone. Meg May be useful Rx Info > > > > On Monday night (July 22,2002), Steve , 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. did a thorough research, and checked out all the > > major drugstore chains, discount chains, independent pharmacies, and even > > checked on some Canadian pharmacies. > > > > 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 $100.00 for100 pills. The pharmacist > > might tell you that if you get the generic equivalent, they > > would only cost $80.00, making you think you are " saving " > > $20.00. What the pharmacist is not telling you is that those > > 100 generic pills may have only cost him $10.00! > > > > At the end of the report, one of the anchors asked Mr. > > 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 <http://www.costco.com/> Costco Online pharmacy Costco > > Online > > 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 am asking each of you to please help me by copying this > > letter, and pasting it into your own email, and send it to > > everyone you know with an email address. And if anyone > > has other ideas of how to address this problem, please > > contact me at <http://us.f139.mail.yahoo.com/ym/Compose? > > This practice is sinful, and just maybe, working together, we > > can make a difference. > > > > I also found a website, MyPrescription.com. > > (.) This company is based in Canada and you can > > save 50 to 75% on your prescriptions. I know several people > > who have to chose between eating and buying their > > prescription drugs. > > > > Thank you for your time in advance for your help. > > > > Now that you have read it you can do one of two things. > > You can forward it to everyone you know and start a possible groundswell > > against drug price gouging or you can delete it > > and continue to be robbed blind by high prescription prices. > > Which do you prefer? > > > > > > > > > > > > > > > > Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.