Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
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You can check it out for yourself.What Walmart did was make a dirty deal with the insulin makers. The companies gave Walmart a huge price decrease and increased it on every other pharmacy in the country.
People who make a good living, or have prescription coverage on their medical plan don't know Walmart sells insulin cheaper. They just go to their local pharmacy, and whatever they charge, that's what you or your insurance is going to pay.
Frankly, I think it should be illegal.
What Walmart did was make a dirty deal with the insulin makers. The companies gave Walmart a huge price decrease and increased it on every other pharmacy in the country.
Link?
I have no link because that information is not known except by the educated consumer. I learned the hard way. Every other place I went to, insulin was anywhere from $55.00 to $85.00. Then I ran across a pharmacist who understood my problem, and told me about Walmart's generic insulin.
Generic insulin? Not me! But after a while, spending hundreds of dollars every month led me to investigate.
I couldn't get a straight answer from the manufacturers. I couldn't get a straight answer from my State Rep. I couldn't find anything on the internet about it. It seemed hopeless. But then I remember the advice that pharmacist gave me.
So I went to Walmart and asked for a vial. It was $25.00. What was strange is that it had nearly the exact same packaging as my regular insulin. When I got it home, the same exact vial as well. The only difference? On the box was an ® which stands for Reliance, the Walmart generic brand name.
It's clear to me what took place. Walmart made a dirty deal with the insulin makers. That's why their prices kept going up at every other pharmacy in town, and why it was still low at Walmart.
I have no link because that information is not known except by the educated consumer.
I'm an educated consumer and I never heard of your illegal collusion story.
It's clear to me what took place.
LOL!
You can check it out for yourself. I have nothing to hide. That is unless you can explain to me how every other pharmacy kept increasing prices through the years, yet Walmart kept their insulin at the price I was originally paying before the huge price increases everywhere else.
I know Walmart. We have a few customers who manufacture for Walmart. I know how they operate. But like I said, make some phone calls yourself. The insulin name is Novilin, and outside of Sam's Club (which is Walmart owned) tell me who has anywhere near the price of Walmart.
I googled illegal price fixing, nothing.....
That is unless you can explain to me how every other pharmacy kept increasing prices through the years, yet Walmart kept their insulin at the price I was originally paying before the huge price increases everywhere else.
Maybe Wlamart is selling it at cost? Maybe they lose money...….for good publicity?
Walmart didn't become the largest outlet for good by selling everything at cost or at a loss. After all, the only reason I go there is for my insulin, and I'm sure others who pay cash like I do (that know about this scam) do the same.
I don't know the legalities of it all, but it must have something to do with their generic name, Reliance. Otherwise they would not be claiming it's generic while selling the exact same insulin at half or a third of the cost of everybody else.
There is nothing generic about it. It's made by the same people, in the same containers as the insulin you buy anyplace else.