Hello from the Compound Lab!
Today, we’re continuing our discussion on why compounds can be cheaper than non-compound products. We explained last week that we don’t add extra markups to our compounds, which is why self-pay prices can be lower for the medicines we make.But what about medicines covered by insurance?
Surprisingly, compounds can still have lower copays compared to regular medicines. The reasons why are complicated, but to oversimplify, it’s because of how insurances design their pricing databases. These databases are complicated and use several factors to determine your copays. Because these databases are automated, they can assign copays that don’t always make sense. For example, some insurances will charge a copay of $100 for a 31 day supply and then $50 for the same drug at a 30 day supply.The good news is that an experienced pharmacist can help you navigate these insurance inconsistencies. We’ve helped several of our patients find lower copays, and we’d love to help you too if we haven’t already. Insurance can be expensive as it is; why wouldn’t you see if we could help make it cheaper? Worst case scenario, you pay the same as you’ve always paid.As always, we're available in the lab Monday through Friday, 9am to 5pm. Or you can email me anytime at brandon.ladage@belewdrugs.com. We’d love to hear from you!
Until next time,
Brandon
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