Letters

Letters 05-02-2016

Facts About Trails I would like to correct some misinformation provided in Kristi Kates’ article about the Shore-to-Shore Trail in your April 18 issue. The Shore-to-Shore Trail is not the longest continuous trail in the Lower Peninsula. That honor belongs to the North Country Trail (NCT), which stretches for over 400 miles in the Lower Peninsula. In fact, 100 miles of the NCT is within a 30-minute drive of Traverse City, and is maintained by the Grand Traverse Hiking Club...

North Korea Is Bluffing I eagerly read Jack Segal’s columns and attend his lectures whenever possible. However, I think his April 24th column falls into an all too common trap. He casually refers to a nuclear-armed North Korea when there is no proof whatever that North Korea has any such weapons. Sure, they have set off some underground explosions but so what? Tonga could do that. Every nuclear-armed country on Earth has carried out at least one aboveground test, just to prove they could do it if for no other reason. All we have is North Korea’s word for their supposed capabilities, which is no proof at all...

Double Dipping? In Greg Shy’s recent letter, he indicated that his Social Security benefit was being unfairly reduced simply due to the fact that he worked for the government. Somehow I think something is missing here. As I read it this law is only for those who worked for the government and are getting a pension from us generous taxpayers. Now Greg wants his pension and he also wants a full measure of Social Security benefits even though he did not pay into Social Security...

Critical Thinking Needed Our media gives ample coverage to some presidential candidates calling each other a liar and a sleaze bag. While entertaining to some, this certainly should lower one’s respect for either candidate. This race to the bottom comes as no surprise given their lack of respect for the rigors of critical thinking. The world’s esteemed scientists take great steps to preserve the integrity of their findings. Not only are their findings peer reviewed by fellow experts in their specialty, whenever possible the findings are cross-checked by independent studies...

Home · Articles · News · Other Opinions · The Great Generic Drug...
. . . .

The Great Generic Drug Rip-off: Michigan Legislature Works to Keep Prescription Drug Costs Artificially High

Margaret Dodd - April 1st, 2004
Since I am considering a run for the 104th District, I have been looking into various issues of concern to me and to the area as a whole. Among these of course, is the retention and addition of good paying jobs. To get the information I wanted first hand, I’ve met with employers in both the public and private sectors to ask what changes they thought should take place at the State level to achieve this goal. At some point in every conversation the spiraling costs of health care came up. Having heard of a downstate investigation into excessive retail pharmacy mark-ups of generic drugs, I enlisted the help of friends to check the cost of seven common generic drugs at several local pharmacies.
The range of pricing is astonishing, even if pharmacies deal with different wholesalers whose prices could be higher than those stated. Unless some good reason can be given for windfall profits of 3000% above wholesale, some pharmacies are displaying an unconscionable disregard for the well-being of those who can least afford to be ripped off – the elderly, the unemployed, and anyone who is struggling to pay for their prescription medicine.
I had originally planned to wait and see what happened to legislation drafted by the chairman of the State House Committee on Health Policy, State Rep. Stephen Ehardt (R), who owns four drug stores. The proposed legislation is designed to protect Michigan pharmacies from competition from out-of-state, mail-order drug companies, and the results of the survey could have added another fine plank to my platform should I decide to run.
However, I just picked up my mother’s prescription and met an elderly lady who had to leave the drug store empty-handed because she couldn’t afford her necessary medication. The information is therefore too important to wait till the most opportune time for my political purpose, so here it is. It certainly helps to explain some of the problems facing local employers who could perhaps afford to hire more employees or increase wages if such exorbitant prescription mark-ups were eliminated.
Consider the wholesale cost of a generic form of Prozac (called Fluoxetine HCL) compared to what you must pay at the drugstore, for instance. Wholesalers charge drugstores $1.16 for 30 doses of 20mg each of Prozac, or .082 cents for its generic counterpart.
What do you pay for the same drug? At Meijer‘s Pharmacy, it‘s $17.99, or a markup of 2,193%; at Rite Aid Pharmacy, you‘ll pay $24.99, or a mark-up of 3,247%; at Wal-Mart Pharmacy the cost is $17.72, or a mark-up of 2,087%. Only at the far smaller drugstore at Sixth Street Drugs in Traverse City is the cost much lower at $11.05, yet still with a mark-up of 1,348%.
Shame on the big name pharmacies, but at least we now know where to shop.
 
  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
 
 

 

 
 
 
Close
Close
Close