I mentioned how prescription drugs are cheaper here. Well, I made my first purchase for Synthroid, which is a thyroid medication.
In the States, I had private health insurance through Tribune Corp. I would pay a $25 co-pay for a 30 day supply for the name-brand Synthroid.
On Wednesday, I just paid U.S. $24.83 for a 300-day supply.
That extra zero is correct -- three hundred days. I got 10 times the supply for the same price -- without prescription drug coverage, as I won't meet my deductible this year.
I said to the pharmacist it was my first drug purchase here, and I told him what I paid in the United States.
He was baffled. "Who's making all that money?" he said.
And that's a lot of money.
About a third of that cost was a fee. I imagine a fee to the pharmacist -- not a lot of money out of $25.
That means the drug company was getting about $16 for this -- and making a profit or they wouldn't sell the drug here.
So when I spent my $250 co-pay for a 300-day supply, plus my insurance company's money, that's a nice windfall for the drug companies.
So if the presidential candidates want to fix healthcare, maybe they should see how Canada keeps its drug prices low.
A Note for Blind J
15 hours ago
2 comments:
OMG! Rich, have you considered a lucrative career as a drug mule for your friends? (Only kidding. OK, only half kidding.)
I assume the over the counter drugs are the same, or comparable, up there.
All of this has given me a colossal headache. Can you pick me up some prescription strength Tylenol please?
Wow! That's amazing.
If this election goes badly, I'll be in touch for advice about Canadian immigration. :)
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