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    « | Love Advice | »

    Save Money On Prescriptions Wholesale Drugs

    By lighthouse

    The post below may be helpful to some, however you can save a lot more money by ordering from online pharmacies such as this one!

    The following comes from a circulated email and is confirmed to be accurate. On Monday night, Steve Wilson, an investigative reporter for Channel 7 News in Detroit , did a story on generic drug prices gouging by pharmacies. He found in his investigation that some of  these generic drugs were marked up as much as 3,000% or more. 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 pharmacists 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 consistently charged little over their cost for  the generic drugs. I went to the Costco site,  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 Compazine which helps prevent nausea in chemo patients. I used  the generic equivalent, which cost $54.99 for 60 pills  at CVS. I checked the price 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 Costco  for $28.08. I would like to mention, that  although Costco is 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. You are invited to view Steve Wilson's drug pricing comparison prescriptions chart findings analysis here The following was added to the original email and has not been confirmed: 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  States 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 . 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% Norvasc: 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% Prilosec: 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): $102.37 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%

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