[Tourism] TOURISM AND TRAVEL : MEDICAL PHARMACY PHARMACEUTICAL PHARMACOLOGY: DRUGS: PROHIBITIVE COSTS: Tourism Fraud Warning For Travelers Visiting The United States Of America

 

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TOURISM AND TRAVEL :

MEDICAL PHARMACY PHARMACEUTICAL PHARMACOLOGY: DRUGS: PROHIBITIVE COSTS:

Tourism Fraud Warning For Travelers Visiting The United States Of America

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Tourism Fraud Warning For Travelers Visiting The United States Of America

ETN Global Travel Industry News

http://www.eturbonews.com/66612/ tourism-fraud-warning-travelers-visiting-united-states-america

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A shorter URL for the above link:

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http://tinyurl.com/hvqqdmu

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International visitors from the European Union, Singapore, China, Korea, South Africa, and from all corners of the world, make the United States their favorite holiday destination or will visit the United States of America at least once in their lifetime.

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Tourists visiting the USA should be aware of a widespread fraudulent activity involving the biggest pharmacy companies in the country, including CVS Pharmacy also known as Longs Drugs.

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Taking advantage of customers without insurance from foreign countries may explain how pharmacy giants like Longs Drugs can build their state of the art stores in prime real estate locations in the center in Hollywood, South Beach, and Waikiki.

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Here is a case worth reading. We dont expect you to find any logical explanation for this, but let this be a warning when visiting the Land of the Free and make sure you buy health insurance before heading to New York, Los Angeles, San Francisco, Miami, New Orleans, or Honolulu.

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Last month, a German visitor from Duesseldorf by the name of Klaus was vacationing in America and forgot to bring his Lipitor cholesterol medication with him. He left Germany for an extended trip in which he intended to discover the United States during his 2-month vacation.

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Klaus went to a health clinic in Waikiki, the center of travel and tourism on the Hawaiian island of Oahu, and received a prescription for a 3-month supply of Atorvastatin STATA 20 mg. This medication is the generic and cheaper alternative to the Lipitor brand. He was charged $149.00 for the brief doctor consultation and received the necessary prescription.

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He walked across the street to a brand- new Longs Drugs store in Waikiki and presented his prescription. It was filled within 10 minutes, and he paid $414.99 plus tax for his 90-day supply.

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In Germany, the same medication and a 100-day supply sells at every pharmacy for 15.00 euro (US$ 16.30).

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eTN talked to the owner and pharmacist in Cologne, Germany. His pharmacy buys a 100 day supply of Atorvastatin STADA 20mg medication for about 5 EURO or $5.75 and sells it for EURO 15.00.

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eTN talked to Hawaii based health insurance HMSA. The insurance confirmed stated: Most health plan would ask for a $11.00 copayment by the insurance holder for a 90-day supply of this medication. HMSA is contributing another $6.11 to a pharmacy like Longs Drugs, making the total price Long’s would receive $17.11 for this 90-day supply. This number seems to be in line with the price of this medicine in Germany.

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eTN contacted Longs Drug stores all over the country. It appears the nationwide CVS Pharmacy chain charges $414.99 at all their stores, from Los Angeles to Florida. Only the tax rate was different in each State.

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When eTN contacted Longs Drugs media relations and asked why they would add an additional mark up of almost $400.00 for a visitor or someone without insurance buying this life-saving medication, eTN received this response from CVS pharmacy spokesperson Michael J.DeAngelis:

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“Approximately 98% of our retail pharmacy business is covered by third-party prescription insurance in which customers pay only a co-pay – not the full price – for their prescriptions. Through Medicare Part D prescription drug coverage and health insurance enrollment under the Affordable Care Act, the percentage of U.S. customers paying full retail price for their prescription medication continues to decline.

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Regulations and pharmacy business models vary greatly between the U.S. and Europe, so it is not possible to draw an accurate comparison between the prices charged by pharmacies in the U.S. and what is charged by pharmacies in European countries.”

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The complete article may be read at the URL above.

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Sincerely,
David Dillard
Temple University
(215) 204 – 4584
jwne@temple.edu
http://workface.com/e/daviddillard

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