One Example Of Crazy Drug Prices

Bloomberg
Secret Drug Pricing System ..."... CVS had billed Wapello County $198.22. But South Side Drug was reimbursed just $5.73. So why was CVS charging almost $200 for a bottle of pills that it told the pharmacy was worth less than $6? And what was the company doing with the other $192.49?"

I always find these drug prices confusing. One of my prescriptions bills Medicare $93.59 but only receives $3.10. The others are paid for about half what they bill. In another case Medicare pays about 50% while this same med can be found online for less the 25%.

It's like the time my hospital originally billed Medicare nearly 8x's more then they ended up agreeing to.

This is some crazy stuff no one's ever going to figure out. It seems when it comes to medical billing it's unlike any other business.

MRI's range from $400 to $3,500.