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From: Nonnymus on 18 Mar 2007 14:39
We all got an interesting coupon with the Sunday newspaper here in LV
today. CVS pharmacy is offering a $25 gift card to anyone who switches
a prescription from another pharmacy to a CVS store. The coupon cannot
be used for publically funded health care (Medicare?, Medicare plus
Choice?) or welfare prescriptions, but it seems that it'd work with
about any other health care plan or private pay. It's only other
limitation is one coupon per customer per VISIT, so if you take several
prescriptions, you could use several.

To me, it says that there's a whole lot of profit in filling
prescriptions OR that they want foot traffic in the front of the store.

--
---Nonnymus---

TINSTAAFL
There Is No Such Thing
As A Free Lunch
From: Walt on 18 Mar 2007 15:51
In article <pGfLh.47342$p17.28753(a)newsfe11.phx>, Nonnymus
<whocares(a)nowhere.com> wrote:
>
> To me, it says that there's a whole lot of profit in filling
> prescriptions OR that they want foot traffic in the front of the store.

Probably the latter more than the former, although I read recently that
many pharmacies make extra money by selling prescription information
back to the drug companies. The info is doctor-specific (but not
patient-specific), so that a drug company can find out which brand of
medications or generics a doctor is prescribing and then send a
salesman to try to boost sales of their own brands.

Also there's just a lot more competition for prescriptions these days.
There seems to be a Walgreen's, CVS or Rite-Aid on every corner, just
about every supermarket has a pharmacy, and mail-order is growing. I
save money by getting 90-day prescriptions through the mail versus the
30-days my health plan allows from brick-and-mortar pharmacies.

--- Walt
From: Paul_E_Wog on 20 Mar 2007 20:50


Walt wrote:

> It would be interesting to know what the wholesale prices of some of
> those drugs are.

A TV station in Detroit did a study a few years ago on generic drugs and
price differences. The original article appears to be dead, but the
price comparison chart is still online:

http://web.wxyz.com/extras/040205-drugchart.html

And snopes has an article on it as well:

http://www.snopes.com/medical/drugs/generic.asp

Some interesting figures, such as a months supply of generic Prozac
costs the pharmacy about a buck, which they then go on to sell for
$46.69, (at CVS).
From: Walt on 20 Mar 2007 22:12
In article <4600815F.A0882876(a)invalid.email>, Paul_E_Wog
<nospam(a)invalid.email> wrote:

> Walt wrote:
>
> > It would be interesting to know what the wholesale prices of some of
> > those drugs are.
>
> A TV station in Detroit did a study a few years ago on generic drugs and
> price differences. The original article appears to be dead, but the
> price comparison chart is still online:
>
> http://web.wxyz.com/extras/040205-drugchart.html
>
> And snopes has an article on it as well:
>
> http://www.snopes.com/medical/drugs/generic.asp
>
> Some interesting figures, such as a months supply of generic Prozac
> costs the pharmacy about a buck, which they then go on to sell for
> $46.69, (at CVS).

Yep, looks like some big-time marking-up going on there. Explains how
the national drugstore chains can afford to build a store on every
corner. Also provides another reason why it's so dumb to prevent
big-box stores like Wal-Mart from opening in one's locale. "Why pay
$19 at Wal-Mart when we can pay $45 at Walgreen's?" Riiiight.

--- Walt
From: "Don Strevel" dstrevel on 21 Mar 2007 02:16
a WHILE BACK wALMART HAD A $4 (dang cap key) sign on the door for
prescription drugs bought thru them, some exclusions of course.

--
www.mysecretvegas.com, email from the contact button
Don Strevel, Box-777, Las Vegas, NV. 89125 USA

"Walt" <none(a)none.void> wrote in message
news:200320072212365258%none(a)none.void...
> In article <4600815F.A0882876(a)invalid.email>, Paul_E_Wog
> <nospam(a)invalid.email> wrote:
>
>> Walt wrote:
>>
>> > It would be interesting to know what the wholesale prices of some of
>> > those drugs are.
>>
>> A TV station in Detroit did a study a few years ago on generic drugs and
>> price differences. The original article appears to be dead, but the
>> price comparison chart is still online:
>>
>> http://web.wxyz.com/extras/040205-drugchart.html
>>
>> And snopes has an article on it as well:
>>
>> http://www.snopes.com/medical/drugs/generic.asp
>>
>> Some interesting figures, such as a months supply of generic Prozac
>> costs the pharmacy about a buck, which they then go on to sell for
>> $46.69, (at CVS).
>
> Yep, looks like some big-time marking-up going on there. Explains how
> the national drugstore chains can afford to build a store on every
> corner. Also provides another reason why it's so dumb to prevent
> big-box stores like Wal-Mart from opening in one's locale. "Why pay
> $19 at Wal-Mart when we can pay $45 at Walgreen's?" Riiiight.
>
> --- Walt


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