Over a beer recently, a friend volunteered he’s taking Synthroid (underactive thyroid).
Not talking about the Brewers or Packers? That’s for yous Whippersnappers!
Anyhoo, Mr. Smarty-pants countered that for the same condition, I was
switched to Levothyroxine - a generic alternative - decades ago. It costs 27 cents/pill; Synthroid's $1.77. That translates to either $27.48 or $158.94 for a typical 90-day/100 mcg prescription.
Sources estimate 5 of every 100 Americans over age 12 have hypothyroidism; that’s roughly 13 million people.
Stay with me. (This is more ‘fun’
than tracking Peralta’s ERA or Love’s QBR.)
Extrapolated, if everyone took Synthroid, the total annual spend would be about $8.3 billion; if the generic equivalent, ‘just’ $1.5 billion.
Now the penultimate punch line.
My doctor is
independent. My buddy’s doc is a captive employee of a local Health System, where they also conveniently fill prescriptions.
Ya don’t s’pose PHARMA and ‘MEGA-HEALTH’ have some ‘arrangement?’
“Shut the front door!”
Oh, and according to the FDA, there are
20,000 other prescriptions available to consumers.
My calculator just exploded.
Finally. Using Tiered Co-Pays and new transparency Apps, our “greedy, for profit” insurers try and help us be savvy consumers. But Dr. Welby always knows
best!