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Jb Reed, Bloomberg via Getty Images By Emily Jane Fox CVS (CVS) charges $150 for a monthly prescription of the generic version of the cholesterol drug Lipitor. The same drug goes for $17 at Costco.
Usually, when enough generic drug products are introduced to the market, the cost to buy prescription medications decreases for both the insurer and the patient. [85] [86] Generic drugs have been shown to reduce healthcare costs in multiple ways, among them increasing competition which, in most cases, helps drive prices down. [87]
Medication costs can be the selling price from the manufacturer, that price together with shipping, the wholesale price, the retail price, and the dispensed price. [3]The dispensed price or prescription cost is defined as a cost which the patient has to pay to get medicines or treatments which are written as directions on prescription by a prescribers. [4]
Lipitor, others: AHFS/Drugs.com: ... health plans may cover the costs of atorvastatin 10 mg and 20 mg ... 20- and 40-mg doses of its generic version of atorvastatin ...
The new rules come as drug prices in the U.S. from generic to brands are almost three times higher as the same products in comparison countries, a report by the federal government found this year.
How Medicare drug lists help control prescription drug costs. ... 2014 study of Medicare Part D plans found that the following contributed to higher use of generic drugs: ... simvastatin for ...
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