There’s a great post over an AlterNet today about the prices of Generic drugs that you really should take the time to read.
“According to a new Consumer Reports investigative study published Thursday, there is rampant variation in the price of generic drugs as large U.S. pharmacy chains — including CVS, Rite Aid, and Target — marking up the prices of generic drug versions for common medications by as much as 18 times what wholesale chains like Costco charge. That price variance ends up costing Americans, who spend an average of $758 out-of-pocket on drugs every year, hundreds of dollars in unnecessary spending each month.” Read the rest of this article …
- STUDY: CVS, Rite Aid, And Other Chain Pharmacies Mark Up Generic Drugs By Up To 18 Times Their Cost (thinkprogress.org)
- STUDY: CVS, Rite Aid, And Other Chain Pharmacies Sell Generic Drugs At Up To 18 Times Their Cost (kstreet607.com)
- Generic retail drug-pricing varies by store (abclocal.go.com)
- Suspicious ‘Profit Sharing’ Deals between Makers of Generic and Branded Drugs under Scrutiny (gloucestercitynews.net)
- Where Should Grandma get her Generic Drugs? Consumer Reports shows CVS has Highest Prices, Costco has Lowest (scienceworldreport.com)