JohnnyDos Posted January 10, 2016 Member ID: 77 Group: Fallen Members Followers: 111 Topic Count: 1018 Topics Per Day: 0.18 Content Count: 7527 Content Per Day: 1.30 Reputation: 9175 Achievement Points: 69486 Solved Content: 0 Days Won: 47 Joined: 09/02/09 Status: Offline Last Seen: January 8, 2020 Posted January 10, 2016 This is TRUE according to SNOPES: http://www.snopes.com/medical/drugs/generic WOW!!! Read this Bravo Costco & Steve Wilson, Detroit Ch7. Also in Canada! WOW… AN EYE OPENER ! Verified -snopes.com: Generic Drugs Let's hear it for Costco!! (This is just mind-boggling!) Make sure you read all the way past the list of the drugs. The woman that signed below is a Budget Analyst out of federal Washington , DC offices. 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 . The data 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% 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% Since the cost of prescription drugs is so outrageous, I thought everyone 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 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. (This is true) This is true in Canada, too. I went there this past Thursday and asked them. I am asking each of you to please help me by copying this letter, and passing it into your own e-mail, and send it to everyone you know with an e-mail address. Sharon L. Davis Budget Analyst U.S. Department of Commerce Hunter1948, little_old_man and Blackbart 3
little_old_man Posted January 10, 2016 Member ID: 1194 Group: ***- Inactive Clan Members Followers: 40 Topic Count: 436 Topics Per Day: 0.08 Content Count: 6692 Content Per Day: 1.19 Reputation: 11691 Achievement Points: 53094 Solved Content: 0 Days Won: 76 Joined: 02/27/10 Status: Offline Last Seen: April 16, 2023 Birthday: 04/15/1960 Posted January 10, 2016 Great post Johnny. I can confirm that it really pays to shop around if you have to pay a large portion of the cost of prescrptions yourself. My wife was in a bike accident nearly 20 years ago and ruptured 3 vertebrae in her neck as well as breaking her jaw. She decided against neck surgery because of the high risk for more permanent damage and opted for being on pain meds for the rest of her life. We had coverage through my company until 5 years ago and never gave the cost of them a second thought because insurance paid for it all. Then when we got on plans with lousy prescription coverage and had to pay most if not all the cost, we quickly realized that her pain meds were well over $1,000 per month. We shopped around and found an online web site where we could get them for $200 a month. We shopped around some more and found that most retail stores wanted between $400 and $1,200 a month, and our regular pharmacy (Safeway) wanted $10,000 for a month's supply. Not quite sure how they justify the high mark-up. The US has demonized the health insurance industry because premiums are so high, but nobody cares about what the insurance companies have to pay for prescriptions and hospitalization. Those costs are completely unregulated and many politicians have become millionaires many times over because of their inside knowledge on stocks for these companies. We wouldn't need the Affordable Care Act if politicians weren't in the pockets of the health care and pharmaceutical industries. JohnnyDos 1 Awards
hxtr Posted January 11, 2016 Member ID: 220 Group: **- Inactive Registered Users Followers: 147 Topic Count: 595 Topics Per Day: 0.10 Content Count: 16950 Content Per Day: 2.92 Reputation: 13538 Achievement Points: 129714 Solved Content: 0 Days Won: 120 Joined: 09/04/09 Status: Offline Last Seen: October 26, 2023 Birthday: 04/05/1970 Posted January 11, 2016 See a drug I don't like. If you are on Paxil get the fuck off it. I call it Paxildeath.
TheHammer Posted January 11, 2016 Member ID: 4101 Group: *** Clan Members Followers: 23 Topic Count: 55 Topics Per Day: 0.01 Content Count: 1131 Content Per Day: 0.25 Reputation: 807 Achievement Points: 8854 Solved Content: 0 Days Won: 0 Joined: 12/05/12 Status: Offline Last Seen: Yesterday at 08:31 AM Birthday: 07/08/1962 Device: Windows Posted January 11, 2016 ya I knew those numbers now show doctors pay per year and you will see how corrupt they are Awards
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