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CVS’s Shift In Drug Markups Could Stop Big Pharma’s Price Gouging
The Federalist ^ | 12/15/23 | Christopher Jacobs

Posted on 12/15/2023 11:26:24 AM PST by eyeamok

Several years ago, I realized I could save hundreds of dollars on prescription drugs by not using my health insurance. Instead, I pay using cash and a drug discount program like GoodRx. I realized this savings because my insurer/PBM had an incentive to keep list prices high. In plain English, my insurer overcharged me for my prescriptions so it could collect big rebates from drug companies.

(Excerpt) Read more at thefederalist.com ...


TOPICS: Crime/Corruption; Miscellaneous; News/Current Events
KEYWORDS: bigpharma; cvs; drugs; healthinsurance; insurance; prescriptions
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To: FreedomPoster

Mark Cuban’s new mail order Rx company is looking to upset that market.”

I wouldn’t buy a rusty nail from that leftist jerk.


21 posted on 12/15/2023 12:38:54 PM PST by gibsonguy
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To: citizen

We bought Eliquis from the Canadians. 180 5mg pills was $532.00 delivered to my front door in Central Texas. That was a 90 day supply. So, times 4 Eliquis would cost me on a CASH basis $2,128.00 for a whole year.

I take 5 pills in the morning and 4 at night. With insurance, my total out of pocket, including Eliquis, was $2,875.00 in 2022 or $239.00 per month. I figure that beats being dead.

I think the only way we can figure it all out (Medicare explanations are GREEK) is wait for our ANNUAL statement from HEB. It’s really good and tells you to the penney what you spent on drugs for the year just completed.


22 posted on 12/15/2023 1:09:29 PM PST by Cen-Tejas
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To: FreedomPoster

Do you know if shipping costs are very much on costplusdrugs?


23 posted on 12/15/2023 1:31:38 PM PST by clashfan (Whom shall I fear?)
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To: wildcard_redneck

I used CVS for years. Then when my insurance didn’t cover drugs I tried to use Good RX. CVS refused to honor the Good RX price. They charged me double the good RX price. The next time they tried to do that they lost me as a customer. I went to another pharmacy.

The new pharmacy had the drug for MUCH less than Good RX! Shop around if you’ll be taking that drug for a while. I’ve found that some grocery store chains have the best prices.


24 posted on 12/15/2023 1:36:32 PM PST by ladyjane
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To: eyeamok

Pinh


25 posted on 12/15/2023 1:37:36 PM PST by TNoldman (AN AMERICAN FOR A MUSLIM/BHO FREE AMERICA. (Owner of Staris and Bars Flags))
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To: ladyjane

Walmart has a lot of drugs for $4—i don’t know if that is a month’s supply or per time you go in.


26 posted on 12/15/2023 1:40:25 PM PST by Chicory
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To: Wuli

CVS owns Aetna! You know the large drug store chains are trying to push for a law that makes it so your insurance co only has to deal with chains?

The bill might have died now, because I haven’t seen any ads for it lately....


27 posted on 12/15/2023 1:42:38 PM PST by Chicory
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To: ladyjane

Indeed. Shop around. Where I’m at, Walgreens and CVS are rapists. Grocery store and Walmart pharmacies are a fraction of Wgs or CVS Rx costs.


28 posted on 12/15/2023 1:47:31 PM PST by jjotto ( Blessed are You LORD, who crushes enemies and subdues the wicked.)
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To: eyeamok

I can’t say about CVS. My pharmacy is Kroger and the GoodRx cost for the Oz was virtually the same as via Cigna. ymmv


29 posted on 12/15/2023 1:55:49 PM PST by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TThose look good)
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To: llevrok

Another goodRX customer here too. I went to pay for some pain killers and it was the more expensive “copay” than it was just paying cash with their coupons by 7 bucks.


30 posted on 12/15/2023 3:28:50 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eye)
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To: eyeamok

I can get some of my medication at Walmart for $10.


31 posted on 12/15/2023 3:43:02 PM PST by roving (👌⚓Deplorable Listless Vessel with Trumpitist who looks Trumpish)
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To: eyeamok

The CVS near me has a disconcerting habit of doubling the shelf price at the cash register. I used to go in there occasionally but always left the merchandise on the counter. In one instance a bottle of Omega 3 fish oil was 18.99 on the shelf (I could have driven a ways and got the same thing for 14.99) It was 37.50 at the cash register. I let the clerk put it ack o the shelf. After that one I have not been back.


32 posted on 12/15/2023 3:57:51 PM PST by arthurus ( covfefe reck)
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To: Chicory; wildcard_redneck

After shopping around I found Harris Teeter had the lowest price. I haven’t had to look since but I figure I would Walmart or maybe Costco the next time I need a drug.

I still feel bad about leaving CVS after all those years but they wouldn’t give me GoodRx discount.


33 posted on 12/15/2023 5:35:29 PM PST by ladyjane
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To: Wuli

Hub is Ret. Navy, so on-base meds are free. The only issue the full range of what is on the formulary is not available, those come from Express Scripts with a copay. Emergency scripts are NOT FIBABLE AT PRIVATE PHARMACIES UNLESS YOU PAY FULL PRICE. Not allowed to use Good RXm voids Tricare Live coverage. Once the DOD makes them OTC you pay the store price + sales tax. 1 42 count Nexium = my new SS Cola Raise.


34 posted on 12/16/2023 5:28:43 AM PST by GailA (GMOs have a new name 'BIOENGINEERED' read labels. Constitutional Conservative.)
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To: clashfan

I did a sample order on something my wife uses and it appeared to be very reasonable.


35 posted on 12/16/2023 12:55:37 PM PST by FreedomPoster (Islam delenda est)
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To: nutmeg

.


36 posted on 12/16/2023 2:53:56 PM PST by nutmeg (FJB)
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To: Carriage Hill

TY!; bookmarking.


37 posted on 12/16/2023 4:29:40 PM PST by thouworm (Tyrannies rule thru fraud and force; once the fraud is exposed they must rely exclusively on force.)
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To: catnipman

Agreed. Walgreens took a valid legal prescription and then refused (indefinitely delayed) to fill it. Then they refused to return the prescription back to me. Had to get my doctor involved. I would not care if every Walgreens went out of business.


38 posted on 12/16/2023 4:36:47 PM PST by wgmalabama (Censored. )
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To: wgmalabama

HCQ? Ivermectin?

Either way, it’s none of their damned business. Unless there are drug interactions in your Rx stack that your doctor may have not understood, they need to stay out of the doctor-patient relationship.


39 posted on 12/16/2023 7:12:31 PM PST by FreedomPoster (Islam delenda est)
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To: eyeamok

I take Eliquis 5mg 2x per day. UHC Insurance was $95. for 3 month supply. I was Charge against my “donut hole” account $1700. A SCAM.

I know get a 120 day supply of the generic forms for $57. Delivered to my home.

India source is at : internationalfmp@gmail.com


40 posted on 12/18/2023 10:18:01 AM PST by TNoldman (AN AMERICAN FOR A MUSLIM/BHO FREE AMERICA. (Owner of Staris and Bars Flags))
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