We had first reported about pharmacies doing ‘clawbacks’ on prescription drug co-pays in our blog -http://springsmd.com/prescription-drug-costs. Bloomberg now reports that California customers are suing CVS pharmacy and Walgreens over the ‘clawbacks’. It is further reported that the customers paid $166 with insurance when the cash price was $92. The price of drug was expensive with…
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All Posts in Category: Pharmacy
What Prescription Drug costs 1237% more in Walgreen than Costco??
Walgreens is charging $198.80 out-of-pocket for a thirty-day supply of Donepezil – a medication used to treat Alzheimer’s. The same medication at Costco costs $14.87. Why? We asked the companies. Prescription drug prices are another one of those black holes in our healthcare system. I was taught pricing is a signal, but this wide variation…
What Amazon could do to the business of selling prescription drugs – Washington Post
Investors sold off shares of pharmacy giant CVS Health and Walgreens on Wednesday amid renewed speculation that Amazon would enter the business of selling prescription drugs. As the stock market suffered its biggest loss since before the November election, shares of CVS and Walgreens closed down more than 3 percent, to $76.34 and $81.73, respectively. CNBC reported Tuesday that…