He’s really disrupting prescription drug scam prices. Look and see if your meds are there. My health plan covers my meds totally, no out of pocket, but if it didn’t I’d buy my meds at Cuban’s place. It would save me a long drive to Costco for sure.
Generic Viagra and Cialis are being sold there now
If you need a generic it might do - but for expensive biologics / brands or even insulin of the newer variety - it’s not really worth the time or energy.
I see some of my more common drugs out there, prices look pretty good. What do you think?
They always throw this example out, because it’s dramatic… the drug in question is a generic cancer drug. That’s the most extreme example.
30 count supply of 400mg Imatinib will cost: $47.40
Retail price at other companies $9,657.40
You save $9,610.00 on your medication
Goodrx has that same drug and dosage for $114 at Albertson’s and $131 at Costco and Walmart. I advise anyone needing Rx to check the prices on goodrx, and now, Cost Plus Drugs. We use goodrx because their prices are less than Cost Plus and cheaper than our part D copay.
This drug has gone the course like many others - especially those who were new breakthroughs and were really effective when 1st developed; like this one. Price starts out high and then the closer it gets to loosing patent, the higher it gets. Even at a $ 10,000 price tag - a real bargain from yesteryear.
Then when a generic is introduced ( like imatinib ) , the generic is still high because there maybe only (1) generic maker at the time - the more generic makers that get into the game - the lower the price of the generic. imatinib started out at $ 8,000 when it 1st came on the marketplace.
Did you know that the BRAND - Gleevec is still on the Medicare Formulary and some docs (oncologist) to this day prescribe it “dispense as written”.
If we negotiated the way the VA does - the only formula that would be available is the generic. And you would get it from whatever is the lowest bidder of the time - yea, it would even look different. The VA has the philosophy that generics are equivalent to the brand - that’s fine and well for most. But it isn’t that way under Medicare -
The VA also seems to have the same philosophy for biosimilars to biologics and that isn’t the case so they are having to rethink this procedure for those types of meds.