More bad behaviour from drug retailers. Whether it's kickbacks or tiered pricing (charging more for people who have a drug plan), the pharmacy game is in bad need of an overhaul.
I am not suggesting that people change to Walmart, but I am repeating what my neighbours have told me. Walmart pharmacies charge the same for prescription drugs, whether you have a drug plan or not. Billing plan providers more drives the price of pharmaceuticals up.
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Costco under investigation by Ontario forensic team over drug company payments
Rebates not allowed in province in bid to drive down overall price of generics
- Timothy Sawa, Lisa Ellenwood, Mark Kelley · CBC News
Costco is under investigation by an Ontario government forensic team that specializes in "allegations of wrongdoing against government" after the retail giant received $1.2 million in potentially illegal payments from a generic drugmaker, The Fifth Estate has learned.
The revelation follows guilty pleas of professional misconduct in front of the Ontario College of Pharmacists from two pharmacy executives with the company known for its bulk deals and rock bottom pharmacy dispensing fees.
The college accused Joseph Hanna and Lawrence Varga of demanding illegal payments from the generic drug company Ranbaxy.
Hanna and Varga said the demands could "reasonably be regarded by members of the profession as unprofessional," according to statements from them that were included in the college's decision.
Each pharmacist was fined $20,000 and ordered to pay $30,000 in costs.
At the time of the fine, in January 2018, Costco had collected $1.2 million in potentially illegal payments from the drug company and so far has been allowed to keep that money.
Costco under investigation by Ontario forensic team over drug company payments - Health - CBC News
I am not suggesting that people change to Walmart, but I am repeating what my neighbours have told me. Walmart pharmacies charge the same for prescription drugs, whether you have a drug plan or not. Billing plan providers more drives the price of pharmaceuticals up.
---
Costco under investigation by Ontario forensic team over drug company payments
Rebates not allowed in province in bid to drive down overall price of generics
- Timothy Sawa, Lisa Ellenwood, Mark Kelley · CBC News
Costco is under investigation by an Ontario government forensic team that specializes in "allegations of wrongdoing against government" after the retail giant received $1.2 million in potentially illegal payments from a generic drugmaker, The Fifth Estate has learned.
The revelation follows guilty pleas of professional misconduct in front of the Ontario College of Pharmacists from two pharmacy executives with the company known for its bulk deals and rock bottom pharmacy dispensing fees.
The college accused Joseph Hanna and Lawrence Varga of demanding illegal payments from the generic drug company Ranbaxy.
Hanna and Varga said the demands could "reasonably be regarded by members of the profession as unprofessional," according to statements from them that were included in the college's decision.
Each pharmacist was fined $20,000 and ordered to pay $30,000 in costs.
At the time of the fine, in January 2018, Costco had collected $1.2 million in potentially illegal payments from the drug company and so far has been allowed to keep that money.
Costco under investigation by Ontario forensic team over drug company payments - Health - CBC News