Just some info for those who use prescription drugs. I always thought the high cost of drugs was because of the big drug companys, and that the drugstores played a minor part (they claim they only mark up a small percent, they blame the big drug companys for high costs) how wrong I was (at least for the drugs I take).
Target stores are now offering some generic drugs at $4 for a months supply.
For my 4 drugs I am currently paying $97 at drugstore.com (which I found to be the least expensive) for a 3 month supply. At Walgreens it would be over $160... at Target it will be $56.00.
One example is Warfarin 5mg at drugstore.com is $34.99 for 90, Walgreens is $41.. Target will be $12
In Wisconsin there is a minimum markup law for drugs, so any drug that Target sells at $4 it is selling at more than cost (so its not a loss leader), so Walgreens is buying Warfarin for less than $12 and selling for $41. There is another drug I take that costs $61 at Walgreens and will be $12 when I switch to Target.
So, at least for generics, it is the drugstores who appear to play a big part of the high cost of drugs.
Target stores are now offering some generic drugs at $4 for a months supply.
For my 4 drugs I am currently paying $97 at drugstore.com (which I found to be the least expensive) for a 3 month supply. At Walgreens it would be over $160... at Target it will be $56.00.
One example is Warfarin 5mg at drugstore.com is $34.99 for 90, Walgreens is $41.. Target will be $12
In Wisconsin there is a minimum markup law for drugs, so any drug that Target sells at $4 it is selling at more than cost (so its not a loss leader), so Walgreens is buying Warfarin for less than $12 and selling for $41. There is another drug I take that costs $61 at Walgreens and will be $12 when I switch to Target.
So, at least for generics, it is the drugstores who appear to play a big part of the high cost of drugs.
