Amazon Pharmacy Gets Good Reviews On Prescription Pricing

Amazon Pharmacy jumped into the online prescription market in November, entering another highly competitive—but lucrative—space.  The digital pharmacy offers free two-day home delivery and AARP Bulletin in their January/February 2021 Issue (page four) gave the service high marks.  “We compared benefit prices against other retail options and found that its prices were often—but not always—cheaper,” said the AARP Bulletin article.

 

Price Increase Is Higher Than Inflation For Many Drugs Covered By Medicare

President Joe Biden made a campaign promise to limit big pharma’s price increases on prescription drugs to no more than inflation—and now is the time to make good on that promise.  A new study found that half of all Part D-covered drugs had list price increases above inflation between 2018 and 2019, and the median list price was rose 6.4%, or 3.5x the rate of inflation.  List prices increased by 10% or more for 14% of all Part D-covered drugs during the same time period.  Another 36% had price increases above the price of inflation but below 10%.  Enough is enough!

https://www.kff.org/medicare/issue-brief/price-increases-continue-to-outpace-inflation-for-many-medicare-part-d-drugs/?utm_campaign=KFF-2021-The-Latest&utm_medium=email&_hsmi=109729367&_hsenc=p2ANqtz-_AXZh_W4n-D3VWBrKFXA_-0CRmkqxJKKUBlsKb-Niya4Pm8n01_t5IeraBLE3Zpsy3RsZYHP36wk4qheGXbVKI1qPPUQ&utm_content=109729367&utm_source=hs_email