Independent thinking for complex markets and current events
via Ok_Chemical9 I found this out the hard way last month when I picked up my generic blood pressure medication. My insurance copay was $47. On a whim, I asked the pharmacist what it would cost without insurance. $12. **Why YSK:** Pharmacy Benefit Managers (PBMs) negotiate prices between insurance companies and pharmacies, and sometimes those …
This is an absolute outrage. Pharmaceutical companies are price-gouging taxpayers through Medicare, and it’s happening right under our noses. Tetrabenazine, a drug that costs just $75 per prescription, is being billed to Medicare at a staggering $2,600—34 times the regular price. In 2022 alone, Medicare paid out $141 million for this drug, with $133 million …
Millions of American seniors are having a hard time affording their prescription medications, a new National Health Statistics report suggests. The study, published by the Centers for Disease Control and Prevention, found that approximately 4% of those aged 65 and older can’t afford their prescription at all, and more than 3% of them skipped doses, …