Generic medicine prices rising - KYTX CBS 19 Tyler Longview News Weather Sports

Generic medicine prices rising

Posted: Updated:

TYLER (KYTX)-Prices for the once cheap generic drugs are spiking.

"Well it started about 18 months ago and the first drug that went through the roof was ddoxycycline" Pharmacist Brad Martin said. "A lot of people probably noticed that if they were paying cash for it. One day a bottle was costing us less than $100 for a bulk bottle and the next day it came in as over $2000."

And it hasn't stopped there, Martin says the drugs keep getting more expensive.

"A lot of these drugs that used to be very very cheap are now increasing in price and it's not doubling in price, it's ten twenty 100 fold in price so it's been quite a challenge for obviously the pharmacies and the customers," Martin said.

Customers with insurance don't feel the hit immediately, but Martin says they should expect a rise in their premiums.  

Shopper Beth Klein says that retired people like her can't afford the constant increases.

"With the drugs going up the older you get it seems like you need more drugs to get rid of the aches and the pains so that comes out of your budget and if you haven't planned well for your future then you're in bad shape," Klein said.

Martin says there isn't just one reason for the huge price jumps.

"It's varied from political to business to mergers and acquisitions to FDA cracking down on imports so it's a lot of stuff going on," Martin said.

There is a solution. Pharmacists say using small, independent pharmacies can keep medicine prices low.

"If you call an independent pharmacy and you're buying several prescriptions, I'll be happy to work with you, work with your budget," Martin said.

 As for Klein, she's trying to stay healthy so her bill doesn't keep rising.

"I hope I don't get any sicker because I don't want more than the bill I got today which was $150," Klein said.

Martin's advice to customers is to call all local pharmacies to find the best price.

 

  • Local NewsMore>>

  • UPDATE: Thomas Liles indicted on tampering with physical evidence in Quitman toddlers death case

    UPDATE: Thomas Liles indicted on tampering with physical evidence in Quitman toddlers death case

    Tuesday, September 16 2014 5:20 PM EDT2014-09-16 21:20:10 GMT
    Thomas Liles (photo: Wood Co. Jail) Thomas Liles (photo: Wood Co. Jail)
    UPDATE: QUITMAN (KYTX) - A Wood County grand jury has indicted Thomas Wayne Liles on a charge of tampering with physical evidence after his girlfriend's children were found dead July 24, 2014.More >>
    UPDATE: QUITMAN (KYTX) - A Wood County grand jury has indicted Thomas Wayne Liles on a charge of tampering with physical evidence after his girlfriend's children were found dead July 24, 2014. More >>
  • Obama outlines expanded plan to fight Ebola

    Obama outlines expanded plan to fight Ebola

    Tuesday, September 16 2014 5:03 PM EDT2014-09-16 21:03:55 GMT
    (Photo: Mandel Ngan, AFP/Getty Images)(Photo: Mandel Ngan, AFP/Getty Images)
    Calling Ebola a threat to both global health and national security threat, President Obama said Tuesday he is sending 3,000 troops to West Africa to help contain the deadly virus and prevent it from spreading to the United States and across the globe.More >>
    Calling Ebola a threat to both global health and national security threat, President Obama said Tuesday he is sending 3,000 troops to West Africa to help contain the deadly virus and prevent it from spreading to the United States and across the globe.More >>
  • Peterson's attorney responds to new allegations he injured another son

    Peterson's attorney responds to new allegations he injured another son

    Tuesday, September 16 2014 9:18 AM EDT2014-09-16 13:18:09 GMT
    HOUSTON (KHOU) -- New accusations against Adrian Peterson come from another mother who has another four-year-old son of Peterson, and also involve Peterson striking his boy as a form of discipline.Peterson's attorney Rusty Hardin responded with the following statement:The allegation of another investigation into Adrian Peterson is simply not true. This is not a new allegation, it's one that is unsubstantiated and was shopped around to authorities in two states over a year ago and nothing came...More >>
    HOUSTON (KHOU) -- New accusations against Adrian Peterson come from another mother who has another four-year-old son of Peterson, and also involve Peterson striking his boy as a form of discipline.Peterson's attorney Rusty Hardin responded with the following statement:The allegation of another investigation into Adrian Peterson is simply not true. This is not a new allegation, it's one that is unsubstantiated and was shopped around to authorities in two states over a year ago and nothing came...More >>
Powered by WorldNow

CBS19, MYTX & KCEB
2211 ESE Loop 323
Tyler, TX 75701
Phone (903) 581-2211
Fax (903) 581-5769

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KYTX. All Rights Reserved. Users of this site agree to the Terms of Service, Privacy Notice/Your California Privacy Rights, and Ad Choices.