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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Meet Bhavana Rao of Meridian Springs Primary Care in The Woodlands
Today we’d like to introduce you to Bhavana Rao. So, before we jump into specific questions about the business, why don’t you give us some details about you and your story. I am a family physician by training. I did my residency at the Conroe Family Residency Program. I work at the Methodist Willowbrook as…
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…
Health coverage from hell!!
This is a real bill. Can you guess what procedure this is for? !! We live in the illusion that health coverage is healthcare! But this example will prove otherwise. A person may have good health coverage through insurance but still land up paying an arm and a leg. This is an incident where a…
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…
John Mackey, co-founder Wholefoods, talks about health and wellness
John Mackey, the co-founder of Wholefoods, talks about how his organization is taking wellness to the next level.