Tuesday, May 17, 2016

Important Information About Prescription Costs

I came across this disturbing story a few days ago and thought all of you who get prescription drugs might find it interesting as well. I wasn't able to find it on YouTube so this link will have to do.

Basically, it exposes a common practice where sometimes the co-pay we pay for a prescription is actually more expensive than the drug would be at full price, without insurance. Worst of all, the pharmacy isn't allowed to warn up that when it is happening - but they are allowed to tell us the truth if we ask.

Check out the link below for the full story about this shady practice:
Co-Pay or You Pay? Prescription Drug Clawbacks Draw Fire.

While on the subject I thought I would also include another interesting story about waste that happens with injectable medications. This story is specific to cancer medications but it's easy to see how this could be happening with any medication that gets injected at the doctor's office. Are we over paying for Botox, Depo Provera, Tordol or others?

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