Sunday, May 13, 2012

Health related rant about prescription prices being higher at Wal-Mart than Costco or supermarket pharmacy


I have been getting my prescription for my eyes filled at our local Costco recently.  Their price and the price at a grocery store pharmacy usually runs between $11- $12 for a 30 day supply.  This is their every day price before any insurance, and is for newly available generic version of the medication that had run closer to $100 per bottle in the non-generic.

I had been thinking about switching to Wal-Mart, since my new insurance will be through Humana with a Wal-Mart partnership, and certainly as a Humana member I should expect good prices at Wal-Mart.   I asked, and the price of the same medication at Wal-Mart runs about $60.  I asked- are you sure that is the generic?  Yep.  How much for the non-generic? - Around $102 or so.  (It may have been more.  I was in shock.)   If you have insurance, this is what you would pay until you met your deductable, and then there would be a discount price depending on your plan.  OK, any idea why I can go to at least two other pharmacies in town and get the same thing for $12 or less without having met my deductable?   Nope.  The prices are what the prices are.

Yes they are.   It definitely pays to shop around, insurance or not.  Maybe she was wrong.  I would think though that noticing my reaction to the high price that she had double checked at least that much.  Definitely a rip-off.