On the Freakonomics blog, Stephen Dubner (co-author of the wonderful Freakonomics: A Rogue Economist Explores the Hidden Side of Everything) digs into the pricing on generic drugs and finds that the main-street pharmacies mark up their offerings by 975 percent!
Even once you factor in the cost of buying a membership at Costco and Sam’s Club, the price differences were astounding. Here are the prices he found at Houston stores for 90 tablets of generic Prozac:
Walgreens: $117
Eckerd: $115
CVS: $115
Sam’s Club: $15
Costco: $12
Those aren’t typos. Walgreens charges $117 for a bottle of the same pills for which Costco charges $12.
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Mar-15-2007 22:07
tubularbills
Max Power!
Registered: Apr 2003
Location: Middle of fucking nowhere
most insurance companies offer discounts or cheap co-pays for generics. so regardless of what walgreens/cvs charge for them, you can still get it cheap w/ your insurance company.
Mar-16-2007 00:03
DarkAngel
.
Registered: Nov 2002
Location: .
Shit.
Mar-16-2007 00:04
gehzumteufel
In your ass
Registered: Nov 2005
Location: so cal
quote:
Originally posted by tubularbills
most insurance companies offer discounts or cheap co-pays for generics. so regardless of what walgreens/cvs charge for them, you can still get it cheap w/ your insurance company.
agreed but this also causes insurances to inflate.
Mar-16-2007 00:04
shaw
RIP
Registered: Jan 2005
Location: Intergalactic Mimosa Station
quote:
Originally posted by tubularbills
most insurance companies offer discounts or cheap co-pays for generics. so regardless of what walgreens/cvs charge for them, you can still get it cheap w/ your insurance company.
a good number of them don't do instant discounts, and force people to pay full retail & wait for a reimbursement, though.
