For this post, we wanted to share an amazing video with our readers that shines a bright light on the pharmaceutical industry’s practice of combination drug price gouging. The video was produced by Dr. Eric Bricker of AHealthCareZ.com and it highlights a couple pharma industry strategies to raise the prices they can charge. Note, this is… [Read More…]
Trump is Helping to Save on Drugs, Signs Bills Banning Gag Clauses
According to NBC News, President Trump signed two new bills on October 10, 2018, aimed at helping people to save on drugs. The two bills – ‘Patient Right to Know Drug Prices Act’ and ‘Know the Lowest Price Act’ would allow pharmacists to tell consumers when paying cash for a prescription, would be cheaper than… [Read More…]
Growing High-Deductible Health Plans Making Way for Cash Customers
High deductible health plans are changing the customer marketplace Before the third-party payers entered into the health insurance industry to cover a patient’s medication (full or partial), most patients paid for their medications 100% out of pocket. These amounts used to vary a bit across pharmacies. Prescription drug shopping back then was more like shopping… [Read More…]
What Drugs Are Most Likely to Be Prescribed as Tranquilizers?
Many sedative drugs such as Trazodone, Ativan, Xanax are prescribed as tranquilizer drugs depending on the condition of the patient. Not all tranquilizers are bad. There are some conditions where prescribing a tranquilizer becomes a necessity. Let’s find out more about these sedative drugs and their uses. In this article, we will cover the following… [Read More…]
Lofexidine, First Non-Opioid Medication to Reduce Opioid Withdrawal Symptoms
Lofexidine Hydrochloride (Lucemyra), the first non-opioid medication to mitigate the symptoms adults experience in opioid withdrawal treatment has been approved by the US Food and Drug Administration this year in March 2018. Lofexidine is not a treatment for opioid use disorder. It is only designed to lessen the severity of opioid withdrawal symptoms and is… [Read More…]
How Pharmacy Benefits Managers (PBMs) Use Spread Pricing To Make Money
Pharmacy Benefit Managers(PBMs) like Express Scripts and CVS use spread pricing to make money but are these PBMs now using this spread pricing to their advantage? Want to know more? Find out below: What is ‘Spread Pricing’? PBMs that practice spread pricing charge their sponsors/clients more for a prescription drug than what they actually pay… [Read More…]
Generic Cialis Expected in Fall 2018. Here’s How to Save While You Wait
Generic Cialis (Tadalafil), a popular drug to treat erectile dysfunction (ED) is expected to hit the pharmacies in 2018. When Generic Viagra (sildenafil) hit the market in December 2017, the prices went down as much as 50% per tablet. Erectile dysfunction (ED) concerns men all around the world. In the U.S alone around 30 million… [Read More…]
5 Ways to Save Now on Dexilant While We Wait for the Generic to Hit the Pharmacies
While we all are waiting for Generic Dexilant (Dedexlansoprazole) to hit the pharmacies, the price of brand Dexilant continues to rise. As of now, the cash price for a 30-day supply of the medication can cost well over $300. Good news is that there are other ways to save money on your prescription. What Is… [Read More…]
Prescription Drug Prices Can Be Lowered If PBMs Show Some Transparency
President Donald Trump in his speech on May 11, pointed out Express Scripts and other pharmacy benefit managers (PBMs) as the biggest problem makers in the prescription drug industry. According to his statement, PBMs are the ‘middlemen’ in the system who have been getting richer and richer through rebates while depriving people of the discounts… [Read More…]
Express Scripts Will Be Dropping 48 Prescription Medications from Insurance Coverage in 2019
The nation’s largest Pharmacy Benefit Manager (PBM) Express Scripts has announced that it will exclude 48 new drugs from insurance coverage in 2019. If you have got health insurance, it’s time to pay attention and prepare yourself for the upcoming changes. Every year, PBMs like Express Scripts and Caremark make changes in the formulary after… [Read More…]
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