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In response to
"If I'm not mistaken the bigger # is their quoted cost and the lesser # is the negotiated "Good Guy" rate the insurance has pre-negotiated."
by
howie
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It's the same in pharmacy. Cash prices (especially for generics) have a rather large markup.
Posted by
Tim (aka othertim)
Jun 28 '12, 19:47
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I've seen a ~$100 retail cost medication reduced to a $5 copay and zero insurance reimbursement. And the pharmacy probably still made money on the deal.
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