AG Announces Prescription Drug Price Comparison Tool
Web Site Compares Prescription Drug Prices
5:17 AM, Oct 15, 2004
Indiana Attorney General Steve Carter announced an expanded version of the department's Web site to include a price comparison component for the top 50 prescription drugs sold in Indiana as reported by pharmacies.
The price finder allows users to choose the drug they're interested in, and choose an area by zip code, municipality or county. The search engine lists the pharmacies in the area and the "usual and customary" price at which the drug sells at each pharmacy."Prescription drug prices aren't often advertised or displayed, so having the ability to comparison shop from the ease of a home computer should be helpful," Carter said. "A quick search gives a good snapshot of the range of prices among local pharmacies."The price finder allows users to choose the drug they're interested in, choose an area by zip code, municipality or county. The search engine lists the pharmacies in the area and the "usual and customary" price at which the drug sells at each pharmacy.
According to a news release, the "usual and customary" price should be comparable to the price charged to a cash-paying customer without insurance and does not include discounts that a pharmacy may offer to seniors or anyone else.Because prescription drug prices may vary from day to day, the state officials caution that the price found at a listed pharmacy may not be exactly the same price that appears on the Web site."While prices may vary, it is important to take into account other factors before jumping to another pharmacy," Carter added. "Having one pharmacist fill your prescriptions can be helpful to ensure that there is not a harmful interaction between medications. Customer service and the convenience of having one pharmacy fill your prescriptions should also be taken into account."