Tuesday, October 12, 2010
Ten Pennies Versus Two Dollars And Fifty-five Cents
Why does on pill cost $0.10 and the other cost $2.55?
Mrs. Critter has been taking a medication for high blood pressure and chest pains. It cost about $2.55 per pill. She takes one pill per day. We get 90 pills at a time, a 3 month supply. We have been buying the brand name drug. She prefers that over the generic brand.
It is time for another 90 pills. I decided to check with our pharmacy to see what it would cost if we switched to the generic. They told me it would cost a little less than $9.00 for 90 pills.
I said, "Are you sure"? They said "Yes". I said, "You are telling me my choices are paying $230 or paying $9"? They said, "Yes".
I find this price difference mind-boggling. How can one pharmaceutical company charge $230 and another one charge $9 for the same drug? I don't care what their "research and development" costs are. Hell, most of it was probably funded by the government anyway. The pharmaceutical companies are spending all their money annoying me in the evening with drug commercials, but that is a whole other rant!
I will let you guess which one I bought today.