Mail-order Drugs Aren’t Always what they Seem

During these Covid times we’re all looking for convenience and value for money as we’re told to stay at home and avoid spreading or catching Covid-19 If you’re one of the millions of Americans that regularly take prescription medications not only do you know they seem to be getting more expensive each year, but you also have to get your refills and that can be a headache if your pharmacy is miles away or maybe you’re without transport or immobile. So, how wonderful when you see these companies on the Internet that can send your drugs through the mail and

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Are You Being ‘Steered Away’ From Your Local Pharmacy?

A recent survey by the National Community Pharmacist Association, found that almost 80% of their community pharmacist members say they’ve lost patients because of unfair steering in the past six months by other larger pharmacy chains and that CVS Health is most often reported as the biggest culprit. “Many members have been telling us their patients are being transferred to larger competitors and in many cases the patients don’t know when, why or how. This survey sheds some light on the problem and the results are very disturbing.” According to Doug Hoey, CEO of the National Community Pharmacist Association. According

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Rebates Raise Drug Costs 30 Percent

Direct and Indirect Remuneration Fees, yes, I know you’ve never heard of them and you’re saying, why should I be interested? The simple reason is this – every time you get your prescription drugs filled at your local pharmacy, you’re paying far more than you should for your drugs and that adds up to hundreds of dollars every year and your pharmacy is having to pay for those drugs as well and BOTH of you have no say in the matter. And who’s behind all of this? Pharmacy Benefit Managers (PBM’s), you’ll recall we discussed them is a previous article

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Why ‘Pharmacy Benefit Managers’ Are Hurting You And Your Local Pharmacy

So, just who are ‘Pharmacy Benefit Managers’ or ‘PBM’s as they’re more commonly known. They’re the quiet middlemen that stand between drug manufacturers and your local pharmacy and even though you’ve never heard of them, they know all about YOU. Pharmacy Benefit Managers were originally created to assist the healthcare industry by acting as a liaison between parties and administering costs and procedures that actually helped everyone. But over the years they have morphed into a super powerful group of organizations that now dictate how much YOU as a consumer pay for your prescription drugs. And it doesn’t end there.

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Pharmacy Group Warns Over Anti-Competitive Partnership

If you’re taking prescription medication and if you have Medicare Part D Drug coverage, you know how expensive it’s become. But according to the National Community Pharmacists Association, which calls itself the “voice for independent pharmacy” for 21,000 pharmacies across the United States, a pending partnership between two pharmacy benefit managers (PBM’s) — Express-Scripts and Prime Therapeutics “will squash local pharmacies and ultimately limit consumer choices.” According to Doug Hoey, CEO for the group, “these two companies operating separately already exert tremendous downward pressure on independent pharmacies. By joining forces, they can put many out of business and steer their

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Help Navigating Medicare Open Enrollment

The annual Medicare Open Enrollment Period is here once again and if you’re a Medicare recipient you have until December 7th this year to review your plan for the upcoming year. By now you should have received your Annual Notice of Change letter in the mail informing you what changes will be happening to your current Medicare Plan from your provider. “This is a very important letter to read and understand,” says Laura Crews, director of benefits access at Senior Resources Agency on Aging based in Norwich.  “It’s going to explain the changes your current drug plan will be undertaking.

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