Drug Topics October 31, 2024
Explore what to look for in a solution to effectively manage cash pricing.
We know the prescription drug supply chain is complex, shaping medication pricing in complicated ways. As prescription costs continue to rise, and insurance coverage fluctuates, cash-pay prescriptions have emerged as a viable option for many people seeking affordable medication.
Most prescriptions are available as generics. By offering these at wholesale prices plus a slight markup, cash pricing circumvents insurance complexities and offers competitive rates.
The trend has significant implications for both patients and pharmacies, so let’s explore the benefits and the strategies available to independent pharmacies for effectively managing cash pricing.
Understanding Trends in Cash-Pay Prescriptions
Cash-pay prescriptions refer to medications purchased directly by patients without the...
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