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Reply #10: Drug stores were screwed [View All]

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jbnow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-13-06 04:57 AM
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10. Drug stores were screwed
Their margin had been cut from 6% that they get on others to 4% and as this says:

In February 2005, Mr. Bush proposed significant cuts in Medicaid payments to pharmacies. Many of those cuts were included in a deficit reduction bill that he signed into law last month. In his 2007 budget, he proposed further cuts.

Critics called the cuts immoral. Mr. Bush replied, "It's not immoral to make sure that prescription drug pharmacists don't overcharge the system." His comment, in Manchester, N.H., on Feb. 8 this year, infuriated many pharmacists


Some have gone without payment at all. This indicates some might have to close, but some already have closed as I've read in previous articles. Some have had to quit taking Plan D. They can't afford it.

They use to get money from insurance within a week and now some have gone months without it. Why? The drugstore and insurance companies were already working together through other programs, it's not a new relationship. Where is the money? The seniors have been getting their money taken for their premiums. Has the government not given it to the insurance companies or are the insurance companies not getting it to the drugstores?

It was bad enough when there was confusion over who was covered and that was horrible. But what is the broken link in this part?

OK so some are/were republicans but they are the pharmacies that have been taking care of our parents and grandparents for a long time and people might lose the ones they depend on. They are getting screwed too by this inept administration too.

This is a money maker for drug companies and insurance companies. Patients, taxpayers and stores are being screwed.
Medicaid screws drugstores some but they at least get paid and in that case the drug prices have been negotiated down. That's not allowed by Plan D. We pay full prices for D and they are screwing us even more.

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