Fluctuated Cost of Prescription Drugs

Fluctuated Cost of Prescription Drugs

New reports have shed light on the fact that some of the prescription drugs have been made available at different prices. A few of them are sold at low price at Costco and at high price in CVS Caremark.

These facts have been revealed by Consumer Reports. Editor of Consumer Reports has said, "Especially for the independent pharmacies, if they want to retain your business and loyalty, they will help you get the best price".

By using "secret shoppers", Consumers analyzed more than 200 pharmaceutical companies across the United States. They studied retail prices, insurance, and a month's supply of five blockbuster drugs that have recently become accessible as generics.

The drugs that have studied are drug Actos (pioglitazone); antidepressant Lexapro (escitalopram); cholesterol fighter Lipitor (atorvastatin); blood thinner Plavix (clopidogrel); and asthma drug Singulair (montelukast).

A senior vice president of pharmacy for Costco has said that the retailer does not sell below costs and that its pharmacy is a contributor to Costco's overall profitability. It was found that there has been a difference of $749 between the highest and lowest priced stores.

It has been advised by Consumer Reports that the people should get a refill for 90 days rather than 30 days as most pharmaceutical companies provide a discount on three month supply.


FrenchTribune Specials

Christine Lagarde faces Official Investigation

Christine Lagarde, head of the International Monetary Fund is facing investigation for her role in an arbitration case that dates back to the time when she was French finance minister.

Lagarde has no plans to resign from her post at the IMF. She will call a meeting of the board of the multilateral body to clarify the situation, an IMF...

Most Popular

EA Sports announces the release of ‘Madden NFL 15’

Game publisher Electronics Arts (EA) Sports said in a...

U.S. District Judge slams HP's Autonomy Settlement

On Monday, the US District Judge slammed all the...

Time Warner to Layoff up to 600 Employees

Media and entertainment giant Time Warner Inc. is...

Ohio Witnesses Rise in Mumps Cases

Health Officials in Ohio said that Ohio is at verge of...

Poll

Can Greece Come out of Economic Problems: