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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (92355)7/8/2002 8:35:01 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
The pharmacy keeps the entire amount of the co-payment.


this doesn't sound right. they only keep it to the extent that it reduces the amount they receive from the insurance company.



To: John Carragher who wrote (92355)7/8/2002 8:36:53 AM
From: Jack T. Pearson  Respond to of 99280
 
Why does Merck care what the pharmacy collects or how? I would assume the pharmacy pays Merck the wholesale price. Copay amount is highly dependent on specific health plan.



To: John Carragher who wrote (92355)7/8/2002 9:03:10 AM
From: LTK007  Read Replies (2) | Respond to of 99280
 
<<Merck contends that it has legal liabilities for the co-payment under certain circumstances, such as if it
transmits electronically to the pharmacist incorrect information about how much co-payment the pharmacist
should collect. But in its SEC filing, the company said it doesn't face a "credit risk," which would force it to
reimburse pharmacies if a customer skipped out on making the co-payment.>> in short, they lied. Max


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