05/17/2025
I like this graphic, its simple, 100 percent correct and lets patients know how their insurances , especially with PBMs are forcing stores to close.
Also, drug price increases aren't handled the same as in other industries. When eggs increased in price retailers had to increase the cost of products made with eggs.
When pharmaceuticals increase in price or the medication is only available from one wholesaler that charges more than others, the insurances won't pay more which makes the losses even greater.
I don't post these to garner sympathy but just to increase awareness of the industry since it affects more than just the pharmacy but the whole community.
At least SUMMER is coming!! 🏖
Everyone talks about how pharmacies are paid less than what they pay wholesalers to purchase medications. But, you hear little about how much pharmacies are actually losing when overhead cost such as vials, labels, and computer systems, etc. are factored in. Pharmacists United for Truth and Transparency breaks it down.