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Prices for Meds Expand / Collapse
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Posted Monday, February 20, 2012


 

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My rheumy gave me a prescription for Limbrel, which is an anti-inflammatory food product. It is 500 mg and you take it twice a day. At first my insurance didn't pay for it at all and it was going to cost around $165 a month at my local pharmacy. Well, now they do pay it at a Tier III, which is $90 a month. So my rheumy told me to go upstairs to the pharmacy at the hospital where she works. They can sell it to me for $60 a month. They said that they get discounts, that is why they can sell it at a lower cost. It made me wonder if I should price ALL my meds at their pharmacy.

Does anyone know why different pharmacies can sell the same medicine at such a discounted rate?
Post #4502570
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Posted Monday, February 20, 2012


 

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The Pharmacies that are independent and that are not tied to Medco or other insurance co-pays tend to offer meds at a reduced rate. On the other hand, if you are okay with Generics, Walgreens and CVS have excellent programs for people who don't have Prescription coverage.

Costco, was much cheaper for certain meds and I don't know why.

The short of it is that you have to shop around. It's not alway cheaper where it's usually cheap.

God Bless,

captex


Albuterol, Symbicort, also taking Aspirin, Benedryl, Calcium, Fish Oil, Flomax, Glipizide, Glucophage, Insulin, Imitrex, Hydrocodone, Losartan, Magnesium, Vit D, Xanax, Zantac trying to lose 40lbs gained recently from Prednisone. Dx RA 1982, Dx ILD 2008, Dx HBP 1982 Dx Diabetes 2005, Dx Diverticulosis 2003, Dx Osteopenia 2010, DX Sleep Apnea 10/12. Pain pills when necessary.
Post #4502573
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Posted Monday, February 20, 2012


 

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I always take Generic, except in this case and a generic isn't available yet, because this is such a new drug. I hope it helps though, because regular anti-inflammatories bother my stomach.
Post #4502575
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Posted Wednesday, February 22, 2012


 

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What one pays for a prescription drug generally depends on your health insurance drug benefit coverage. Prescription drugs are grouped in Tiers -- which determines what you pay -- whether a copay, a set amount or coinsurance, which is a percentage of the actual cost.

Prescription drugs covered are listed on the insurance plans drug formulary -- which vary from plan to plan, and can even change within the year. I had a drug dropped from my plan in the middle of the year.

Prices will vary from smaller pharmacies, large chain pharmacies, mail order pharmacies, hospitals, etc., depending on their negotiations with the drug manufacturers, who are more likely to provide discounts when dealing in larger volume. This doesn't hold true in all cases though, the Medicare Modernization Act of 2003, which created the Medicare drug benefit, banned the federal government from negotiating for lower prices for brand name drugs. The Veterans health program, however, is allowed to negotiate for lower brand name drug prices.




________________________________________________

Don’t let what you can’t do, interfere with what you can do.

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