New Medicare Program: Drugs More Expensive Than Retail
To put the ineffectiveness of the new Medicare prescription program into perspective, needymeds.com has compiled a list of common medications and compared the cost to numerous other sources. Of the ten drugs listed (including Lipitor, Plavix, Prevacid and Zocor), Medicare-D offers the highest price. The cost for all ten drugs under the new Medicare program […]
To put the ineffectiveness of the new Medicare prescription program into
perspective,
needymeds.com has compiled a list of common medications and compared the
cost to numerous other sources.
Of the ten drugs listed (including Lipitor, Plavix, Prevacid and Zocor),
Medicare-D offers the highest price. The cost for all ten drugs under the new
Medicare program comes out to $1,158.11. The same drugs can be bought at Costco,
without insurance, for $23 less ($1,125.95). For people willing to go north of
the border, the savings is much greater. The ten drugs in Canada cost $717.12.
That is a savings of $440.99. For a senior on a fixed income, even shopping at
Costco can mean a big difference.
I encourage you to check out their full list
here and see
for yourself how the new Medicare program is making money for the pharmaceutical
and insurance industries.