Slash Monthly Spending with Insider Drug Pricing Secrets
How Drug Pricing Works
The price you pay for medications can vary widely depending on factors such as insurance coverage, pharmacy location, and available discounts. Pharmaceutical companies set a list price, but this is often not what you pay at the pharmacy. Instead, the final cost is influenced by negotiations between insurers, pharmacy benefit managers (PBMs), and pharmacies themselves. Understanding this process can help you identify opportunities to save.