|Posted by Aleck Loker on February 13, 2012 at 4:00 PM|
All those days waterskiing and otherwise enjoying life on the water gave me too much sun exposure. The penalty has been repeated trips to the dermatologist over the last twenty years. At my last visit, the doctor prescribed a cream to “get rid of the sun damaged cells” on my face. When the pharmacy filled the prescription they said the total cost was $1,100, with insurance covering all but $200. I told them to put the prescription where the sun don’t shine.
Then I called another pharmacy and asked them for a price on the same prescription. Their price was $850, with insurance covering all but $200. I filled the prescription at the cheaper pharmacy, even though my cost was the same. I’m sure Anthem will send me a thank you note for saving them $250.
This cream has a 1% solution of the active ingredient, and the total contents are 60 grams. So I bought 0.6 grams of the actual medicine and could have paid $1,100 for it. That works out to $832,333 per pound for this dermatological elixir. For comparison, gold is selling for about $27,000 per pound. How can a miniscule amount of a man-made chemical cost more than three-quarters of a million dollars?