Great joke and happy ending

Dr. Weeks’ Comment:   First the joke:


An old fellow, gray haired, sore jointed,  hearing aids turned up, comes to get his medication at the pharmacy.  The pharmacist takes the script,  processes it  and the young pharmacist tech comes and tells the old patient:  “That will be $80. 24 cents please.”

So the old fellow reaches into his pockets and fishes out 24 cents, having not heard the $80 part of the price.  (Hard of hearing, as I said).  The young tech is distracted taking care of other patients and, when he comes back, he sees nothing but the 24 cents on the counter, catches a glimpse of the old man leaving the store and calls out after him in desperation: “Come back, old man! Come back! Please come back. There has been a terrible mistake! You forgot to pay the rest of the bill. You still owe us $80!!!”

With all the commotion, the old pharmacist comes over to see what the problem is. The young tech, quite flustered at the loss of $80 explains the developments and apologizes profusely, supposing that a hearing aid malfunction led to the mis-communication.

“But what shall we do?”  he implores the pharmacist close to tears and wringing his hands.  “I am certain I told him $80.24 but he only heard “24 cents” and that is all he paid and now,  now he is GONE!…”

The old pharmacist looked at the stricken young pharmacist tech, then looked at the 24 cents on the counter and then looked back at the flustered young employee before smiling and placing a reassuring hand on the young man’s shoulder. With his other hand, he gathered up the 24 cents and, said:  “Not to worry.  After all, 100% profit is a lot better than nothing.”



And now the happy ending :   Costco pulls up the skirt of Big Pharma.


Costco  – Unbelievable!

Story  verified @ http://www.snopes.com/medical/drugs/generic.asp

Make  sure you read to the end. You  will be amazed.

Let’s  hear it for Costco! (This is just  mind-boggling!)

Make  sure you read all the way past the list of the  drugs. The woman that signed below is a Budget  Analyst out of federal  Washington ,  DC offices.

Did  you ever wonder how much it costs a drug company  for the active ingredient in prescription  medications? Some people think it must cost a  lot, since many drugs sell for more than $2.00  per tablet. We did a search of offshore chemical  synthesizers that supply the active ingredients  found in drugs approved by the FDA. As we have  revealed in past issues of Life Extension a  significant percentage of drugs sold in the  United  States contain  active ingredients made in other countries. In  our independent investigation of how much profit  drug companies really make, we obtained the  actual price of active ingredients used in some  of the most popular drugs sold inAmerica .

Celebrex:100  mg
Consumer price (100 tablets):  $130.27
Cost of general active ingredients:  $0.60
Percent markup:  21,712%


Claritin:
10  mg
Consumer Price (100 tablets):  $215.17
Cost of general active ingredients:  $0.71
Percent markup:  30,306%


Keflex:
250  mg
Consumer Price (100 tablets):  $157.39
Cost of general active ingredients:  $1.88
Percent markup:  8,372%


Lipitor:
20  mg
Consumer Price (100 tablets):  $272.37
Cost of general active ingredients:  $5.80
Percent markup:  4,696%


Norvasc:
10  mg
Consumer price (100 tablets):  $188.29
Cost of general active ingredients:  $0.14
Percent markup:  134,493%


Paxil:
20  mg
Consumer price (100 tablets):  $220.27
Cost of general active ingredients:  $7.60
Percent markup:  2,898%


Prevacid:
30  mg
Consumer price (100 tablets):  $44..77
Cost of general active ingredients:  $1.01
Percent markup:  34,136%


Prilosec
:  20 mg
Consumer price (100 tablets):  $360.97
Cost of general active ingredients  $0.52
Percent markup:  69,417%


Prozac:
20  mg
Consumer price (100 tablets) :  $247.47
Cost of general active ingredients:  $0.11
Percent markup:  224,973%


Tenormin:
50  mg
Consumer price (100 tablets):  $104.47
Cost of general active ingredients:  $0.13
Percent markup:  80,362%


Vasotec:
10  mg
Consumer price (100 tablets):  $102.37
Cost of general active ingredients:  $0.20
Percent markup:  51,185%


Xanax:
1  mg
Consumer price (100 tablets) :  $136.79
Cost of general active ingredients:  $0.024
Percent markup:  569,958%


Zestril:
20  mg
Consumer price (100 tablets)  $89.89
Cost of general active ingredients  $3.20
Percent markup:  2,809%


Zithromax:
600  mg
Consumer  price (100 tablets): $1,482.19
Cost of  general active ingredients: $18.78
Percent  markup: 7,892%


Zocor:
40  mg
Consumer  price (100 tablets): $350.27
Cost of general  active ingredients: $8.63
Percent markup:  4,059%

Zoloft:50  mg
Consumer  price: $206.87
Cost of general active  ingredients: $1.75
Percent markup:  11,821%


Since  the cost of prescription drugs is so outrageous,  I thought everyone should know about this.
It  pays to shop around! This helps to solve the  mystery as to why they can afford to put a  Walgreen’s on every corner. On Monday night,  Steve Wilson, an investigative reporter for  Channel 7 News in  Detroit ,  did a story on generic drug prices gouging by  pharmacies. He found in his investigation that  some of these generic drugs were marked up as  much as 3,000% or more. So often we blame the  drug companies for the high cost of drugs, and  usually rightfully so. But in this case, the  fault clearly lies with the pharmacies  themselves. For example if you had to buy a  prescription drug, and bought the name brand,  you might pay $100 for 100 pills.
The  pharmacist might tell you that if you get the  generic equivalent, they would only cost $80,  making you think you are saving $20. What the  pharmacist is not telling you is that those 100  generic pills may have only cost him  $10!

At the end of the report, one of the  anchors asked Mr. Wilson whether or not there  were any pharmacies that did not adhere to this  practice, and he said that Costco consistently  charged little over their cost for the generic  drugs.

I went to the  Costco site, where you can look up any drug, and  get its online price. It says that the in-store  prices are consistent with the online prices. I  was appalled. Just to give you one example from  my own experience I had to use the drug  Compazine which helps prevent nausea in chemo  patients.

I used the generic  equivalent, which cost $54.99 for 60 pills at  CVS. I checked the price at Costco, and I could  have bought 100 pills for $19.89. For 145 of my  pain pills, I paid $72.57. I could have got 150  at Costco for $28.08.

I would like to  mention, that although Costco is a ‘membership’ type store, you do NOT have to be a member to  buy prescriptions there as it is a federally  regulated substance.

You just tell them at the  door that you wish to use the pharmacy, and they  will let you in.

Check  out This site for price  comparison:
http://web.archive.org/web/20050326070849/web.wxyz.com/extras/040205-drugchart.html

Sharon  L. Davis
Budget Analyst
U.S. Department  of Commerce
Room 6839
Office Ph:  202-482-4458

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