COSTCO Best Prices on Prescription Medications
88It pays to be an informed consumer
COSTCO Provides the BEST PRICES on Prescription Medicine
I am fortunate that I take very little in the way of prescription medicines. I have been a vegetarian for years and believe in natural remedies. I drink plenty of water, get plenty of sleep, practice yoga, engage in work I love, and have practiced my own form of meditation/prayer for 30 years. I am surrounded by loving friends and tickled daily by a fur-family of four. Just to be sure, I take numerous supplements each day. There is one little medical pill, however, that I take religiously and in the past has cost approximately $150 per month.
Recently, at the Costco Pharmacy where I have shopped for eons, the total cost for the same medicine came to just under $15. I smiled broadly and said, "Ahhhh, that I wish it were true, however, there must be a mistake and I would hate for you to be blamed for it at the end of the day . . ." The cashier smiled even more broadly and informed me that many prescription drugs that had been reduced drastically!
This lovely, unexpected surprise made me wonder how much it actually COST for the active ingredient in my prescription medication!? Previously, I thought it must be a lot, since my prescription had long cost more than $3.00 per daily pill. Don't get me wrong, I am a born and bred capitalist! But my social conscience limits my profits so something that resembles reasonable! Alas, the drug companies do not feel the same way!!
Life Extension did a search of offshore chemical synthesizing companies that supply many of the active ingredients found in drugs approved by the FDA for drugs sold in the United States.
Many of the active ingredients (listed below) are made in other countries.
CELEBREX: 100 mg
Consumer price (100 tablets): $130.27
Cost of general active ingredients: $ 0.60
Percent markup: 21,712%
CLARITIN: 10 mg
Consumer Price (100 tablets): $215.17
Cost of general active ingredients: $0.71
Percent markup: 30,306%
KEFLEX: 250 mg
Consumer Price (100 tablets): $157.39
Cost of general active ingredients: $1.88
Percent markup: 8,372%
LIPITOR: 20 mg
Consumer Price (100 tablets): $272.37
Cost of general active ingredients: $5.80
Percent markup: 4,696%
PAXIL: 20 mg
Consumer price (100 tablets): $220.27
Cost of general active ing! redients: $7.60
Percent markup: 2,898%
PREVACID: 30 mg
Consumer price (100 tablets): $44.77
Cost of general active ingredients: $1.01
Percent markup: 34,136%
PRILOSEC: 20 mg
Consumer price (100 tablets): $360.97
Cost of general active ingredients $0.52
Percent markup: 69,417%
PROZAC: 20 mg
Consumer price (100 tablets) : $247.47
Cost of general active ingredients: $0.11
Percent markup: 224,973%
TENORMIN: 50 mg
Consumer price (100 tablets): $104.47
Cost of general active ingredients: $0.13
Percent markup: 80,362%
VASOTEC: 10 mg
Consumer price (100 tablets): $102.37
Cost of general active ingredients: $0.20
Percent markup: 51,185%
XANAX: 10 mg
Consumer price (100 tablets) : $136.79
Cost of general active ingredients: $0.024
Percent markup: 569,958%
ZESTRIL: 20 mg
Consumer price (100 tablets) $89.89
Cost of general active ingredients $3.20
Percent markup: 2,809%
ZITHROMAX: 600 mg
Consumer price (100 tablets): $1,482.19
Cost of general active ingredients: $18.78
Percent markup: 7,892%
ZOCOR: B 40 mg
Consumer price (100 tablets): $350.27
Cost of general active ingredients: $8.63
Percent markup: 4,059%
ZOLOFT: 50 mg
Consumer price: $206.87 (90 tablets)
Cost of general active ingredients: $1.75
Percent markup: 11,821%
Although Costco is a Members-Only store, you do NOT have to be a member to buy prescriptions there (or alcohol or eye glasses) as those items are federally regulated. Just tell one of the Costco Representatives at the door that you wish to use the pharmacy (or purchase alcohol or eyeglasses) and they will assign you a "chaperon" while you are in the store to do your business. If you are NOT a member, Costco will not take checks nor credit cards so have cash on hand!
I understand that WalMart is starting a new policy where many generic drugs will be sold for $4.00 per prescription in many states very soon. It pays to be "informed consumers."
http://www.lef.org (Life Extension)
http://www.snopes.com/medical/drugs/generic.asp (Snopes)
http://www.costco.com/pharmacy (Costco)
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I need a price match QUOTE
I had a lot of problems with Costco. I could write a book. They try with all their might to get you to buy generic. They will even tell you that they are going to get your med of the shelf and charge you for Brand name, so if you want to pay more for it, that is up to you. When I got the attorney general involved, they denied that they did this. The drug in this case was Prilosec. They said they sell OTC Prilosec and it is the same thing as Brand name only. It is not the same thing. I would never deal with them again.
Does Costco give a cash discount if you pay with cash?
Hi, You're great at nailing the whole prescription deals at Costco. I was a Certified Pharmacy Technician at Costco located in Matthews, North Carolina and I tell people all the time about the tremendous savings but you did the best!
I am amazed about these mark ups as someone who sels medicines and gets a percentage they seem exagerated to me but if they are any way near correct the figures are amazing and I am sure it is a case of simple supply and demand especially for drugs that are considered of narcotic value to users. great hub.
I need the prices for some of the RX's my hubby and I take. We are members of Costco and would like to know if it would be more economical to fill our prescriptions at Costco as we shop there very often for most of our food and supplies. thank you.
the markups are out of line even considering R&d, you can purchase the generic brand in Canada 10 years before it is available here in the US, the laws in the US are designed to fatten the corporations bottom line nothing else.
I would like a price on Hyzaar 50/12.5-90 day supply
Those mark up numbers ignore the hundreds of millions of dollars in R&D cost that it took to invent, conduct clinical trials, and bring the drug to market. It also fails to recognize that for every successful drug there are dozens of failed ones that have to be subsidized by the few winners.
Simply stating the cost of the physical material is not a fair analysis. I don't work for a pharmaceutical company, but given that they have to spend a fortune developing something with no guarantee that they will ever see a penny, when they do make something that benefits people, I don't begrudge them making some money.
Where do I find the list of the actural prices one would pay for perscription at costco. jeepgram97@aol.com
nice info
Wow, what a deal at Costco. I'm sorry for my confusion, though, but did you buy the brand name or generic at Costco? This might be a big help for a lot of us, especially in those rare cases that the brand name is more effective for one person than the generic.
Thanks for the hub!
Gawd, those markups are shameful.
A Special Thank You to . . .
A Special Thank You to the Following Major Contributors:
Professor Eric Salin, Department of Chemistry, McGill University
Dr. and Mrs. Ruth Salin, Retired
Sharon L. Davis, Budget Analyst, U.S. Department of Commerce
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Earth Angel 8 months ago
Hi Soma! Just call your local Costco or Sam's Club and thay will do their best! I bet they beat the price you have now! Blessings, Earth Angel!