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| | #46 (permalink) | |
| Watches the Watchmen Join Date: Feb 2003 Location: Indianapolis
Posts: 1,322
+39 Internets | Quote:
The higher pharmacist salary does not actually get passed to your prescription copays or premiums, your copay is decided solely by your insurance company. At Walgreens it works like this: the insurance company says we will reimburse you $X for tier 1 and the copay is $Y, $X for tier 2 and the copay is $Y, and $X for generics and the copay is $Y. The breakdown is usually something like $30 / $22 / $10 and this is usually done in one month supplies. Tier 1 is usually newer drugs that don't have generics, tier 2 is name brand, and generics are of course the generic. On some drugs, we actually lose money filling them with certain insurances because the prices are negotiated as a group instead of individually. Walgreens then chooses whether or not to do business with said insurance company. Of course the insurance company wants / needs to do business with Walgreens / CVS / etc to remain a desirable business. Insurance reimbursements, especially medicare part D have been lower and lower over the past few years which is actually starting to cause a pinch in the pharmacy market forcing retail establishments to go for quantity of prescriptions. Retail pharmacies provide as much prescription counseling as YOU need. Most patients don't have questions regarding their medication, I have worked entire shifts in / around the pharmacy and out of 200-250 patients only about 10-15 generally have questions. We are required by law to offer them consultation regarding their medications.
__________________ Dr. Bruce Campbell | |
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| | #47 (permalink) | |
| Registered User Join Date: Mar 2002 Location: Berkeley, CA
Posts: 691
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| | #48 (permalink) |
| look at me! i'm so cool! i'm impervious to the internet! nothing bothers me! Join Date: May 2006
Posts: 848
| It does get passed on, because Tier 1 / Tier 2 and different pricing strategies take into account the cost of medication at the counter. Insurers constantly review their reimbursement expenditures and what they reimburse you as Walgreens, not the particular maker of the drug. Insurance companies classify brand and generic but they don't look at wholesale prices of reimbursement, they look at how much it costs them year by year. This is set by the activity of the middle men, the retail chains. This absolutely is accounted for by the patients paying into said insurance plan and is absolutely marked up by the retail chain to cover their added costs and make profit. This does not mean the insurance companies are not bastards in their own right and play with drug tiering and generic copays for their own benefit, nor does it mean pharmaceutical companies are accurately first pricing their products. The drug reps come into pharmacies to see if they can setup deals to put advertisements, such as 'sponsoring' a blood pressure testing day to bring added business to that specific pharmcy for being able to put up a nice big cardboard ad at the counter. That is not uncommon at all. And when they are there they frequently speak with the pharmacists about the drugs so that they can reccomend them to patients as alternatives, which then prompts the patient to talk to the physician. Again, I'm not internet free theorying this shit. I may be an asshole but I don't make shit up. Last edited by MrSpitz; 09-21-2008 at 05:49 PM.. |
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| | #49 (permalink) | |
| Registered User Join Date: Mar 2002 Location: Berkeley, CA
Posts: 691
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| | #50 (permalink) |
| look at me! i'm so cool! i'm impervious to the internet! nothing bothers me! Join Date: May 2006
Posts: 848
| No, we were close to an emergency facility. Its like a psuedo-emergency room only facility providing immediate care for a rural population. Ie. When my mom went there with chest pains (which turned out to be acid reflux) they had the equipment to stabilize her if needed, but once that happened she was ambulanced to a real hospital for tests. For critical cases they have a helicopter. But if you are way out in the sticks and just needed stitches or something they got that business. There's actually a lot of these now, 'urgent care' setups that provide limited emergency treatment but are not hospitals and don't have as stable a staff or ties to any larger health care organization. There were a lot of pharmacy reps. because we did a lot of business and the pharmacy manager (which at Rite Aid is a pharmacist, at walgreens and CVS I believe the pharmacy manager is also the store manager and not a pharmacist) was very receptive to having the reps sponsor free days for diabetes education or like I said high blood pressure in exchange for advertising space at the counter due to increasing competition from a new CVS, a new Walgreens, and get this, a new Rite Aid just down the street. He wanted to keep his numbers to corporate up and those specialized days bring in a lot of people. Last edited by MrSpitz; 09-21-2008 at 06:27 PM.. |
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| | #51 (permalink) | |
| Watches the Watchmen Join Date: Feb 2003 Location: Indianapolis
Posts: 1,322
+39 Internets | Quote:
Also, most chain pharmacies don't allow displays or special events sponsored by random drug companies. The only real "swag" I have seen at Walgreens is the occasional pen or notepad with a drug's logo on it and 95% of those come directly from pharmacists that work locally at Lilly.
__________________ Dr. Bruce Campbell Last edited by Dethfang; 09-21-2008 at 07:57 PM.. | |
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| | #52 (permalink) |
| look at me! i'm so cool! i'm impervious to the internet! nothing bothers me! Join Date: May 2006
Posts: 848
| Deth I get ya, but thankyou for agreeing. The insurance companies agree with the retail chains on pricing, with the retail chains price reflecting their added costs and motives for profit. That is the crux of what I was saying and it is fairly simple to see where everything falls after that. Retail stores obviously do not determine the absolute market, but buddy don't say this stuff after replying above about inusrance companies setting tiers and prices as if it was in a vacuum from the retail chains activities. That is an outright lie actually. Reimbursements are not down, I don't know what you are talking about. Edit: Thanks for the discussion, sorry to hijack the thread. I'm not going to argue with people who have a vested interest in this. Last edited by MrSpitz; 09-21-2008 at 08:19 PM.. |
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