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  • Report: #803737

Complaint Review: Cvs Pharmacy

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  • Submitted: Thu, December 01, 2011
  • Updated: Mon, December 05, 2011

  • Reported By: Cushim — California United States of America
Cvs Pharmacy
Woodland Hills, California United States of America

Cvs Pharmacy I was charged $95.99 for a prescription that Costco sells for $26 Woodland Hills, California

*Consumer Comment: rx prices

*Consumer Comment: Here's how it works

*Consumer Suggestion: It's NOT "price gouging"...

*Consumer Comment: Free Market Economy

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I filled a prescription yesterday for 30 Clindamycin HCL 300 capsules (Antibiotic) at CVS in Woodland Hills, Ca and was charged $95.99.

The identical capsules are available from any Costco pharmacy for $25.87. WOW!!!!

When I called I was told that this is the price and nothing can be done.

Is there a law against price gauging?

This report was posted on Ripoff Report on 12/01/2011 12:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/Cvs-Pharmacy/Woodland-Hills-California-91364/Cvs-Pharmacy-I-was-charged-9599-for-a-prescription-that-Costco-sells-for-26-Woodland-H-803737. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
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Updates & Rebuttals

#1 Consumer Comment

rx prices

AUTHOR: Rehpotsirhc - (U.S.A.)

Costco/Sam's club often have cheaper prices for their medications. They are considered wholesalers- and can give you the best discount.

Most retail pharmacies- do charge higher prices for medications. If you are a cash customer you can expect to pay a lot more because pharmacies typically lose money or have a very narrow profit margin when a claim goes through insurance. One of the pharmacies I worked at would sell Prozac 30 capsules for 39.99 but as an employee- who paid cost I would pay 1.50 for the same pills.

Pricing also depends on how much the pharmacy paid for the medications in the first place. They do have the right to set their own prices and can mark things up as high as they wish just like with any other product. With a company like CVS the prices are set by corporate and depend on not only the cost but the income of the area the store is located. CVS does not buy in bulk, each store orders from the local distributor  so prices will tend to be higher than somewhere like walgreens who have some of their medications shipped from a corporate warehouse.

I hope this helps. I am a pharmacy tech with 13 years experience. I have worked at CVS, Walgreen's,  local pharmacies and insurance companies.
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#2 Consumer Comment

Here's how it works

AUTHOR: Flynrider - (USA)

"Is there a law against price gauging?  "

    It's called price gouging and there is no law against what you describe.    Here in America we operate under what is called a Free Market system.     You, the consumer, ultimately decide what is a fair price.    For example, Nieman Marcus sells a shirt for $200 that I can buy at a discount department store for $50.   Should that be illegal?   If Nieman Marcus can convince their customers that the shirt is worth $200 shouldn't their customers be able to buy it from them?

  Here's the bottom line, if you don't like the price at CVS, you are free to go to Costco and pay less.  No one is stopping you.    If your true complaint is that you bought something without shopping around and later found you paid more than you had to, that's on you.   Now that you know the price is substantially less at Costco, it's unlikely that you'll buy it at CVS again.   If everyone does that, then CVS will either have to lower its price, or watch its sales for that item dry up.   It's a self adjusting system and it works pretty well.

    If you want to see a real consumer disaster, study any economy that has implemented widespread price controls. 
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#3 Consumer Suggestion

It's NOT "price gouging"...

AUTHOR: Ken - (USA)

businesses are free to charge what they want and YOU are free to take your business elsewhere.

They haven't violated any laws unless they quoted you one price and charged you another.

Did you check the price before filling the prescription?

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#4 Consumer Comment

Free Market Economy

AUTHOR: coast - (USA)

Gauging is measuring. No, there's no law against that.

There are no price controls in a free market economy.
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