Sunday November 22, 2009 7:28 PM ET
SmartMoney
Published March 6, 2007  |  A A A
Deal of the Day by Kelli B. Grant (Author Archive)

What You Need to Know About Filling Prescriptions Online

WITH DISCOUNTS OF more than 50%, filling your prescription online can be therapeutic for your wallet. But buying carelessly can be hazardous to both your physical and financial health.

Internet pharmacies currently account for less than 1% of sales: just $349 million of the $251.8 billion American prescription-medication market in 2005, according to IMS Health, a market researcher. Yet, as prescription-drug costs increase, so does consumer interest in buying online. In fact, the number of Internet pharmacies is growing too quickly for regulations to keep up. "It's like the wild, wild West," says Cathy McDermott, a spokeswoman for the Food and Drug Administration. "It's unprotected, and you can't be safe enough."

Case in point: In mid-February, five Americans sought emergency medical treatment after Internet pharmacies swapped their prescriptions — ranging from sleep aids to antidepressants — with haloperidol, a powerful antipsychotic used to treat schizophrenia. Each consumer's pills were mailed in a plastic bag and postmarked in Greece, according to the FDA, which is investigating the incidents.

If you know what to look for, it's easy to stay safe and save cash. Check into these six factors before letting an Internet pharmacy fill your prescription:

Limit your search to U.S.-based sites selling prescription drugs manufactured in America, says Gail Shearer, director of health policy for Consumer Reports. Foreign sites generally don't sell U.S.-made medications. That means there's no FDA assurances of quality, and no guarantee that what you order will be what you receive. "You could be getting a placebo, a nothing, an empty capsule," she says — or worse. The medication could be expired, adulterated, or stronger or weaker than your required dosage.

Scan the pharmacy site for a bricks-and-mortar mailing address — no P.O. boxes — and a phone number. Then verify that both are legit.

There is one exception: Canada. With prescription drug prices 20% to 50% lower than those in the U.S., Canadian pharmacies are an increasingly appealing option. But it's illegal, says Shearer. Only a drug manufacturer can import a given medication. True, the FDA tends to go after those consumers importing prescription drugs for profit, rather than personal use. Still, just because it may not be enforced doesn't make it right.

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User Comments
Posted by: KEdaveG
Back in 1972, over 1000 Lutheran Church leaders meeting in Wisconsin during a 'Synod' convention were asked to vote on a measure that would call upon State Boards of Pharmacy to permit local drugstores to advertise retail prices for their Rx Drugs. The motion was shouted down by monopolistic Pharmacists in attendance, among the church leaders. To maintain decorum, the motion was tabled for further study; but then shriveled up and died in committee, for lack of courage.

The Great American Way of doing business--advertising--was not to be, in the case of retail prices of Rx Drugs. Thus do we Americans pay monopolistic prices to avaricious Pharmacists.

Let's absolutely require BIG PHARMA corporations to adhere to The American Way of doing business--advertising retail prices for their Rx Drugs!
Posted by: KEdaveG
Why aren't Rx Drug retail prices advertised...eg, like groceries?

Great benefits could accrue from advertised Rx Drug retail prices:
=> the working poor,
=> the chronically ill,
=> the elderly on fixed incomes,
=> the children without medical/drug insurance,
=> and those on Public Welfare (for whom you and I are paying mightily)

Let's absolutely require BIG PHARMA corporations to adhere to The American Way of doing business--advertising retail prices for their Rx Drugs!
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