"I asked the doctor's office to submit the same generic prescription to Mark Cuban's Cost Plus Drugs. My cost was $22 not going through insurance and through this online pharmacy. I’m learning to not always accept the first price you get."
"Most pharmacies discount from the brand name price to the generic. So they might say, well, the brand name is $300. We'll sell the generic for $200, even if the generic only costs them $8."
"Mark Cuban has copied what Costco does, where they mark it up, prescriptions, a certain percent. A cost-plus model anchors the price to actual acquisition cost, then marks it up a fixed percentage."
Gary from North Carolina discovered a significant price difference for a generic prescription, paying $22 instead of over $200 by using Mark Cuban's Cost Plus Drugs. Traditional pharmacy pricing is often anchored to inflated brand-name prices, leading to higher out-of-pocket costs for patients. Most pharmacies discount from the brand name to the generic, creating a misleading pricing structure. Cost Plus Drugs operates on a cost-plus model, marking up prices based on actual acquisition costs, resulting in more transparent and lower prices for consumers.
Read at 24/7 Wall St.
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