Dr. Patrick Devereux Pharm.D., chief pharmacist of FMS Pharmacy in Bessemer, AL and Vice-President of the company, discusses how medications are priced and gives insight on the current EpiPen situation as to the reasons the price was increased. Dr. Devereux also addresses who these prices affect the most from the uninsured patient to the pharmacy and how you can help to pass legislation to help put a stop on price inflation of medications.
Listen now below to Tuesday’s new Healthy Dose® episode which aired on 10-11-16 at 5pm on WVSU FM91.1 Birmingham!
DID YOU KNOW?
Insurance companies are slow to recognize price increases to reimburse pharmacies for dispensing medications. This leads to pharmacies’ dispensing your medications at a loss where they can lose hundreds to thousands of dollars on certain medications that they cannot refuse to dispense based on insurance contract – this is leading to many pharmacies closing up their doors.
Help protect your pharmacy and slow the price increases of medications by contacting your legislators to help pass Congress Bill H.R. 244 – called the MAC Transparency Act!