JDgreen
Lawn Addict
- Joined
- May 14, 2010
- Threads
- 248
- Messages
- 2,887
I just got a new RX earlier this week for a certain medication I am prescribed...have been taking it since about Y2K. I saved the invoice for the RX of the same drug from last May, my co-pay under BC/BS plan was $40 then, and my insurance was billed $2208 for their share of the 180 tablets.
You think that is a lot, right?
Well, one year later I am still paying the $40 co-pay, but my insurance was billed $3092 for their share of the 180 tablets. Same drug, same strength, same comnpany producing it. The price to consumers started creeping up back about 2004, I remember it being about $770 in total for 180 tablets then. What is involved here is pure GREED. The company that holds the patent on the drug I take is steadily jacking up the price because the patent expires next year, and when that happens, generics will be available at a much lower price. It surprises me that the medical coverage firms such as BC/BS permit such price hikes. Seems it should be illegal.
You think that is a lot, right?
Well, one year later I am still paying the $40 co-pay, but my insurance was billed $3092 for their share of the 180 tablets. Same drug, same strength, same comnpany producing it. The price to consumers started creeping up back about 2004, I remember it being about $770 in total for 180 tablets then. What is involved here is pure GREED. The company that holds the patent on the drug I take is steadily jacking up the price because the patent expires next year, and when that happens, generics will be available at a much lower price. It surprises me that the medical coverage firms such as BC/BS permit such price hikes. Seems it should be illegal.
