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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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…