I still don’t fully understand why my insurance caused my prescription drug costs to go up 83%.
Today I talked with a representative from express scripts, the company that services drugs for Anthem Health Care. The representative repeated ad infinitum that their pricing agreements with specific pharmacies were “proprietary information”, but seemed to state that that if the rates from the pharmacy were lower than the insurance company dictated rates, that I should end up paying the lesser of the two prices, not the greater. That makes sense to me, but that isn’t what ended up happening. Continue reading Overpriced Prescription Drugs: Completing The Circle Of Blame – @ExpressScripts @AnthemHealth →
Updated 2016-4-16: Anthem has sued Express Scripts for 3 billion dollars. This post contains hard evidence of Express Scripts culpability.
Updated 2012-3-16: see below
The conventional wisdom, as well as recent studies, say that having health insurance makes the cost of your prescription drugs lower. Recently, I have found the exact opposite to be true. In fact, having health insurance has made my prescription drug cost go up to 84% more than what I would pay without a prescription.
This seems to be the result of something going on between my health insurance provider Anthem Health, and the company they employ to service their prescriptions: Express Scripts. These companies seem to like to point the finger at Wallgreens for proposing higher prices.
I think there is something more sinister going on: a cabal of for-profit health care corporations who are colluding to fraudulently overcharge consumers for their prescription drugs. Continue reading Why Health Insurance Reform Must Happen: Express Scripts Conspiring With Anthem Health to Rip Off Patients →
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I still don’t fully understand why my insurance caused my prescription drug costs to go up 83%.