Posted by Sir Four at 3:58pm Jul 3 '10An area supermarket chain here has started a $4 prescription program for a 30 day supply of generic pills, and $10 for a 90 day supply. I'm aware Wal-Mart and Target have similar programs. What I found interesting in the brouchure is that no insurance is required to participate. So literally, they are getting just $4 to fill your monthly prescription. This is profitable?
Also, it makes me wonder... my insurance has a $15 copay for generic prescriptions, so when I fill one at CVS and pay $15, is the copay I'm required to pay actually making me pay more than I should? I mean, usually you think of a copay as your contribution toward something that costs more. Say the prescription costs $35... you pay the first $15, insurance pays the rest. However it seems many generics should actually cost less than the copay.
I'm totally switching over to the supermarket pharmacy.
Also, it makes me wonder... my insurance has a $15 copay for generic prescriptions, so when I fill one at CVS and pay $15, is the copay I'm required to pay actually making me pay more than I should? I mean, usually you think of a copay as your contribution toward something that costs more. Say the prescription costs $35... you pay the first $15, insurance pays the rest. However it seems many generics should actually cost less than the copay.
I'm totally switching over to the supermarket pharmacy.
$4 for a generic prescription - Sir Four