Follow the money, part 2

Last month I outlined the basic supply chain that once determined how much money your patient spent to acquire medication. A pharmaceutical company produced a drug and sold it to a wholesaler, which then sold it to a retailer, such as a pharmacy or hospital. Another hand slipped into the process in the guise of an insurance company that had contracted to pay some or all of the patient’s cost. Your patient paid a negotiated amount at the point of sale. If the medicine was a generic, the cost to (Read more...)

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