April 2, 2012 @ 8:27 PM
"When PBMs talk about negotiating lower drug prices, what they are really talking about are rebates, and ultimately raise drug costs not lower them. (PBM is your pharmacy benefit manager, eg Caremark, Medco, Express Scripts)
While it may sound counter-intuitive, the use of rebates is actually an important factor in rising drug costs. Manufacturer rebates paid to PBMs for preferential formulary placement ultimately drive drug costs up while contributing to PBM and manufacturer profits.
Here’s how rebates works: Typically, pharmacy benefit managers keep the majority of the rebate dollars from manufacturers while passing on small “discounts” to plan sponsors. To avoid losing money through rebates, drug ...
April 1, 2012 @ 10:52 AM
Our latest price survey proves our point. Local, independent pharmacies are a better choice. We look out
for you and your budget. Through our large buying groups, we can price better than the "big" pharmacies and
help protect your finances.
No Drug Insurance?
Using your HSA for prescriptions?
ARIES PHARMACY is less expensive than the big chains AND HSA sponsored mail order!
(HSA means health savings account)
3 Months Supply
Local “Discount” Chain Store