Mar 22, 2007 -- How to get the best deal on prescriptions
The Wall Street Journal has done a research project on prescription drugs, showing the disparity in the industry. The price difference even between generics is huge. The last survey found Costco Wholesale to be the cheapest. This time, it was Sams Club with Costco coming in No. 2. For example, Zocor is $90 at Walgreens, $80 at CVS, $12 at Costco and $6 at Sams Club. The generic of Zoloft was $74 at Walgreens, $70 at CVS, $6 at Costco at and Sams Club it was $5. So whats happening? Instead of pricing generics up from the wholesale cost, places like Walgreens and CVS discount from the cost of brand name drugs. So, a generic may cost them $3 at wholesale, but they charge $70 or $80 because its still less than a brand name. Thats why CVS and Walgreens push generic drugs so hard. They make a ton on generics because they mark them up so much. So, its clear that filling your prescriptions at Costco and Sams Club is the way to go. If youre worried about being a member, dont worry. In many states, you dont need a membership to get prescriptions from those warehouse clubs.