Meridian was billed $92.53 for a prescription for generic amoxicillin filled at an outside pharmacy. Meanwhile, Express Scripts paid $26.91 to Meridian’s own pharmacy to fill the same prescription. That meant a spread of $65.62 on one bottle of a generic antibiotic.
http://money.cnn.com/2013/10/10/news/companies/pbm-pharma-management.pr.fortune/
Maybe this explains how Express Scripts can generate nearly 500 MILLION ( one-half BILLION) annually in net profits !!
And we wonder why the average Rx price has increased TEN FOLD since PBM’s have arrived on the scene some 40 years ago.
Filed under: General Problems
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