Sunday, April 01, 2007

Such a deal!

The pharmacist explained that my wife will soon lose the Generic price benefit on the medication which she uses most.

He went on to tell how the company that enjoyed the original patent on the formula has won a lawsuit against the Generic manufacturer, and now they are being forced to stop production of the Generic drug.

The best part of the story is, only the Generic version of the drug was covered by our Insurance program. Yep, the original drug name its not listed in the Formulary of covered drugs.

Formulary, is that PC?

Now, we get to pay Full Retail price which is comparable to those suggested retail numbers given by auto tire, furniture and jewelry manufacturers that allows re-sellers (dealers) to give Huge promotional discounts.

Don't spose we will see any Rebates.

The even better part is, that both manufacturers are owned by the same Mother Company so they had everything to gain by the lawsuit and nothing to lose.

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