, 8 tweets, 2 min read Read on Twitter
1/ For the past couple of years, Ohioans could buy the generic version of the heartburn treatment Prilosec off the shelf at most any drugstore for less than 60 cents a tablet — and less than 40 cents online.
2/ However, Ohioans were being charged $6.57 a tablet to provide large quantities of the exact same drug through the state’s Medicaid program.
3/ Those apparent overcharges for just this one 20-mg pill totaled about $2.4 million in only 18 months, from the start of 2017 to mid-2018
4/ The higher price stems from an almost-unnoticed decision by a middleman in the drug-supply chain who ironically was hired to help keep prices down: pharmacy benefit manager CVS Caremark.
5/ CVS is involved in a joint venture called Red Oak Sourcing with Dublin-based Cardinal Health, and Cardinal is the parent company of Major Pharmaceuticals — the marketer/distributor for the expensive version of generic Prilosec.
6/ Read the story here: gatehousenews.com/sideeffects/ov…
Read the previous stories in our #SideEffects series here: gatehousenews.com/sideeffects/ho…
Use our drug look up tool to see if you're paying too much for your prescriptions. (For tabs and capsules) gatehousenews.com/sideeffects/19…
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