To a growing number of pharmacists, using insurance to pay for most generic drugs makes about as much sense as getting auto insurance to cover your oil changes. Problem is, if you try to buy generics without using your insurance card at the vast, vast majority of American pharmacies, you’re going to pay a “cash” […]
Eleven generic versions of an HIV drug rush onto the market… and list prices go up
The health care system is supposed to incentivize the development of wonder drugs and then apply market forces to squeeze prices to a minimum. But a new report shows how at least for one drug, incentivizing is working a lot better than price-squeezing. At least when insurance is involved. For example, Blueberry Pharmacy in the […]
Ohio managed-care company makes big change to drug reimbursements
After years of complaints by community pharmacies, Ohio's largest Medicaid managed-care company has announced a huge overhaul to the way it reimburses them for prescription drugs.