TITLE

Medicare Rx cards save money but prices vary

AUTHOR(S)
Ukens, Carol
PUB. DATE
August 2004
SOURCE
Drug Topics;8/23/2004, Vol. 148 Issue 16, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discount prescription cards do save Medicare beneficiaries money, but the savings can vary significantly from card to card, according to an independent analysis released by the Kaiser Family Foundation. The prices offered by seven discount cards ranged from 19% to 24% lower than cash retail pharmacy prices in Baltimore, and 17% to 22% lower than cash retail pharmacy prices in a rural Maryland community, according to an analysis conducted for the foundation by Health Policy Alternatives. Medications that were purchased through mail order were lower by 27% to 32% than retail costs in Baltimore. Cards sponsored by the National Community Pharmacists Association and the National Association of Chain Drug Stores were not included in the study.
ACCESSION #
14402770

 

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