March 15, 2007 @ 10:25 am | Filed under: Household
Hubby just forwarded me this Boing Boing post:
On the Freakonomics blog, Stephen Dubner (co-author of the wonderful Freakonomics: A Rogue Economist Explores the Hidden Side of Everything) digs into the pricing on generic drugs and finds that the main-street pharmacies mark up their offerings by 975 percent!
Even once you factor in the cost of buying a membership at Costco and
Sam’s Club, the price differences were astounding. Here are the prices
he found at Houston stores for 90 tablets of generic Prozac:
Sam’s Club: $15
Those aren’t typos. Walgreens charges $117 for a bottle of the same pills for which Costco charges $12.
Yowza! I’d be interested in seeing the differential for asthma medications (the only prescription meds we buy on a regular basis here).
Click through to Boing Boing to get the link to the whole post quoted above, which is quite interesting. A commentor chimes in that Costco does not require membership for pharmacy purchases. Is that correct? I don’t shop at Costco (yet) but I have always heard good things about it (including its corporate policies). I keep meaning to go check out diaper prices there. I’ve been getting them via Amazon Grocery, and with the 15% discount for subscription service, I’m paying 18 cents a diaper. I used to get Target’s store brand for 17 cents per, but the doorstep delivery is totally worth that extra penny, in my book.
Except this time I cut it too close, and the baby is wearing the last diaper in the house, yikes! We are nibbling our nails while waiting for the doorbell to ring this morning…
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