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I researched this on Truth or Fiction.com and it is true. Be sure to
read about Cosco towards the end of the article. I might save you a few
bucks. Bernie
Prescription
Prices
The following is incredible. Make sure to keep reading to the bottom
where it discusses Costco, Sam's Club, etc.
The women who wrote this email and signed below are Federal Budget
Analysts
in Washington, DC
Did
you ever wonder how much it costs a drug company for the active
ingredient in prescription medications? Some people think it must cost
a lot, since many drugs sell for more than $2.00 per tablet. We did a
search of offshore chemical synthesizers that supply the active
ingredients found in drugs approved by the FDA. As we have revealed in
past issues of "Life Extension," a significant percentage of drugs sold
in the United State contain active ingredients made in other countries.
In our independent investigation of how much profit drug companies
really make, we obtained the actual price of active ingredients used in
some of the most popular drugs sold in America .
The chart below speaks for itself.
Celebrex 100 mg
Consumer price (100 tablets): $130.27
Cost of general active ingredients: $0.60
Percent markup: 21,712%
Claritin 10 mg
Consumer Price (100 tablets): $215.17
Cost of general active ingredients: $0.71
Percent markup: 30,306%
Keflex 250 mg
Consumer Price (100 tablets): $157.39
Cost of general active ingredients: $1.88
Percent markup: 8,372%
Lipitor 20 mg Consumer Price (100 tablets): $272.37
Cost of general active ingredients: $5.80
Percent markup: 4,696%
Norvasec 10 mg
Consumer price (100 tablets): $188.29
Cost of general active ingredients: $0.14
Percent markup: 134,493%
Paxil 20 mg
Consumer price (100 tablets): $220.27
Cost of general active ingredients: $7.60
Percent markup: 2,898%
Prevacid 30 mg
Consumer price (100 tablets): $44.77
Cost of general active ingredients: $1.01
Percent markup: 34,136%
Pri losec 20 mg
Consumer price (100 tablets): $360.97
Cost of general active ingredients $0.52
Percent markup: 69,417%
Prozac 20 mg
Consumer price (100 tablets) : $247.47
Cost of general active ingredients: $0.11
Percent markup: 224,973%
Tenormin 50 mg
Consumer price (100 tablets): $104.47
Cost of general active ingredients: $0.13
Percent markup: 80,362%
Vasotec 10 mg
Consumer price (100 tablets): $10237
Cost of general active ingredients: $0.20
Percent markup: 51,185%
Xanax 1 mg
Consumer price (100 tablets) : $136.79
Cost of general active ingredients: $0.024
Percent markup: 569,958%
Zestril 20 mg
Consumer price (100 tablets) $89.89
Cost of general active ingredients $3.20
Percent markup: 2,809%
Zithromax 600 mg
Consumer price (100 tablets): $1,482.19
Cost of general active ingredients: $18.78
Percent markup: 7,892%
Zocor 40 mg
Consumer price (100 tablets): $350.27
Cost of general active ingredients: $8.63
Percent markup: 4,059%
Zoloft 50 mg
Consumer price: $206.87
Cost of general active ingredients: $1.75
Percent markup: 11,821%
Since
the cost of prescription drugs is so outrageous, I thought everyone I
knew should know about this. Please read the following and pass it on.
It pays to shop around. This helps to solve the mystery as to why they
can afford to put a Walgreen's on every corner.
On Monday night,
Steve Wilson, an investigative reporter for Channel 7 News in Detroit,
did a story on generic drug price gouging by pharmacies. He found in
his investigation, that some of these generic drugs were marked up as
much as 3,000% or more. Yes, that's not a typo ... three thousand
percent! So often, we blame the drug companies for the high cost of
drugs, and usually rightfully so. But in this case, the fault clearly
lies with the pharmacies themselves. For example, if you had to buy a
prescription drug , and bought the name brand, you might pay $100 for
100 pills. The
pharmacist
might tell you that if you get the generic equivalent, they would only
cost $80, making you think you are "saving" $20. What the pharmacist is
not telling you is that those 100 generic pills may have only cost him
$10!
At the end of the report, one of the anchors asked Mr.
Wilson whether or not there were any pharmacies that did not adhere to
this practice, and he said that Costco, Sam's Club and other discount
volume stores consistently charged little over their cost for the
generic drugs. I went to the discount store's website, where you can
look up any drug, and get its online price. It says that the in-store
prices are consistent with the online prices. I was appalled. Just to
give you one example from my own experience, I had to use the drug,
Comparing, which helps prevent nausea in chemo patients. I used the
generic equivalent, which cost $54.99 for 60 pills at CVS. I checked
the pr ice at Costco, and I could have bought 100 pills for $19.89. For
145 of my pain pills, I paid $72.57. I could have got 150 at another
discount store for $28.08. I would like to mention, that although these
are a "membership" type store, you do NOT have to be a member to buy
prescriptions there, as it is a federally regulated
substance. You just tell them at the door that you wish to use the
pharmacy, and they will let you in.
I
am asking each of you to please help me by copying this letter, and
passing it into your own email, and send it to everyone you know with
an email address.
Sharon L. Davis, Budget Analyst, US Department of
Commerce Room 6839
Office Ph: 202-482-4458; Office Fax: 202-482-5480
Email Address: sdavis@docgov
Mary Palmer, Budget Analyst, Bureau of Economic
Analysis Office of Budget &Finance;
Voice: (202) 606-9295
Diane Foster
Contracting Officer
VA Detroit
(313) 576-4281
Diane.Foster@xxxxxxxxx v
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