• Report: #99365

Complaint Review: K-Mart Pharmacy

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  • Submitted: Sat, July 17, 2004
  • Updated: Fri, January 12, 2007

  • Reported By:Pocatello Idaho
K-Mart Pharmacy
3945 Poleline Pocatello, Idaho U.S.A.

K-Mart Pharmacy Overcharge on medication Pocatello Idaho

*Consumer Comment: Hi

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Having used our local K-Mart pharmacy for years we "thought" we were paying a fair price for medication.

My doctor prescribed 20 mg of Lipitor for me. As always I had it called into the K-Mart pharmacy. When I called about the price I was told it was around $230.00. Our insurance company would pay for most of it and leave me to only pay $93.00 for a thirty day supply.

I then called Walgreens pharmacy only to find that the exact same drug through them was $104.00 before our insurance company paid (a difference of $126.00 from what K-Mart was telling me this would cost). After our insurance company paid their part I would be left owing our deductible of $25.00 for this 30 day supply.

So where does K-Mart put the overcharged amount for their medications? Our business is no longer with K-Mart.

Michael

sorry, allowing you to give a competitors name would instigate others to just file against their competition, to only come back later to suggest their company your comments on this policy are welcome! CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
Pocatello, Idaho
U.S.A.

This report was posted on Ripoff Report on 07/17/2004 04:30 PM and is a permanent record located here: http://www.ripoffreport.com/r/K-Mart-Pharmacy/Pocatello-Idaho-83201/K-Mart-Pharmacy-Overcharge-on-medication-Pocatello-Idaho-99365. 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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#1 Consumer Comment

Hi

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

You're not understanding how insurance works. The reimbursement amount from an insurance company works off the AWP (or Average Wholesale Price) less a percentage. That is basically the cost of the medication to the pharmacy. They do not care what the retail prices are. Since AWP is the same for any pharmacy in America, your co-pay is going to be approximately the same no matter where you go.The contracts are standard for each insurance from pharmacy to pharmacy. Hope it helps.

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