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johng
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Reged: 02/13/03
Posts: 351
Loc: great lakes
Re: Outrageous Cost of RX Medications in United States
      07/04/04 06:57 PM

when I worled as a manager at a EMS company i was invloved in ordering/billing. the government controls the cost to some extent. the formula is (the exact cut off i do not remeber) is X price times 333% = billing price to consumer.
so we bought a 10 mg vial of morphine at .50 cents we charged aprox 38.00. then the ins company disallowed 72 % and we got what was left. the unisured/self pay had to pay full price. I know the mark up formula is for all medicar/medicaid. the whole chain used it.
so the consumer can not really be sure of the cost to make and the 'real' price of the medication

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Subject Posted by Posted on
* Outrageous Cost of RX Medications in United States Lablady2 07/04/04 11:09 AM
. * * Re: Outrageous Cost of RX Medications in United States curiousdee   07/05/04 12:15 PM
. * * Re: Outrageous Cost of RX Medications in United States johng   07/06/04 05:45 AM
. * * Re: Outrageous Cost of RX Medications in United States johng   07/04/04 06:57 PM
. * * cost of valium to Pham's Jaketoo   07/04/04 07:39 PM
. * * Re: cost of valium to Pham's Lablady2   07/05/04 11:33 AM
. * * Re: cost of valium to Pham's Opie_Yates   07/05/04 07:07 PM
. * * Re: cost of valium to Pham's srw   07/05/04 12:00 PM
. * * Re: Outrageous Cost of RX Medications in United States peteg72   07/04/04 03:53 PM

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