mail order pharmacies

Why Mail Order Pharmacies Are On The Rise

29 Jan: Why Mail Order Pharmacies Are On The Rise

With the abundance of online and mail-in pharmacies in the marketplace today, many people are considering whether it’s a good idea to switch out of their traditional pharmacy routine. Online pharmacies can present several benefits for users, and this article addresses some of the biggest questions and concerns that users have when making this transition. Are Mail Order Pharmacies a Good Idea? A mail order pharmacy is a perfectly good substitute for an in person pharmacy, and it has some benefits over other types of pharmacies. They can certainly save time, as trips to the pharmacy are not needed. Individuals can set up a routine, where payments are processed and medications sent at the same time each month. Because they…

14 May: Pharmacists in panic mode over trend toward mail-order prescriptions

As mail order shows signs of becoming the dominant distribution system for prescription drugs in the United States, independent retail pharmacists are shaking in their boots. So much so that they are turning to Washington for a bailout — or at least for a sympathetic ear. As Drug Topics reports: The fundamental message of the 2009 National Community Pharmacists Association’s Annual Conference on National Legislation & Government Affairs is “get into politics or get out of pharmacy”. Putting these words into action, on May 13 pharmacists attending the NCPA conference will take to Capitol Hill to meet with legislators. Their goal is to make sure lawmakers understand what they do and how they serve patients… Congressman Steny Hoyer (D-MD) responded…

30 Mar: Wal-Mart takes on PBMs: this is getting GOOD!

We speculated last week that the big health insurance companies and their PBMs (pharmacy benefit managers) may soon attempt to force employees toward mail-order drugs. It’s certainly a real possibility after the PBM Express Scripts began providing mail-order delivery as a default option for employer-based health plans. As I predicted then: 1. Soon, all other PBMs will offer the same program. 2. Then, one PBM will come up with a program that makes participation in the mail-order program mandatory in order for employees to receive coverage — in the name of employer cost savings. 3. That will become the dominant model for employer-based prescription drug insurance. I then added, forebodingly: Now, I haven’t factored in the uproar that this would…

24 Mar: Are mail-order prescriptions needed for employer-based health plans?

We wrote recently about the rapidly growing business of mail-order pharmacies run by the pharmacy benefit managers (PBM) who work with employer-based insurance providers. It’s been a trend with no small hint of irony. You see, when Canadian mail-order pharmacies came on the scene in the 90s, representatives of Big Insurance and Big Pharma trashed the whole idea of the mail-order pharmacy. They said it was unwise — even dangerous — to order drugs without having face-to-face contact with your pharmacist. They said your relationship with your pharmacist was just as important as the one you have with your doctor. All that would be lost, they said, if you ordered from an online pharmacy. Of course, now that they’ve figured…

24 Feb: Big business loves mail-order pharmacies when it can make a buck.

You might find it interesting that — with the economy seemingly crumbling around us — one line of business is doing very well indeed: mail-order pharmacies. Medco Health Solutions Inc., the nation’s largest pharmacy-benefits manager (PBM), posted a 32 percent rise in fourth-quarter profits today — largely on the growth in the number of prescriptions filled by mail order. Working with employer-based insurance providers, Medco fulfills more mail-order prescriptions than any other company in the United States. If you have employer-based insurance, it’s likely that your insurance company is now working with a PBM like Medco — and is encouraging you to use them. For the consumer, it can be a good thing — because PBMs have the bargaining power…