dispensing prescription drugs. Fees vary between pharmacy chains and between provinces.
Prescription Drug claims have a direct impact on the cost of
your group benefits plan. Simply put, your group insurance plan costs increase when claims increase.
Therefore, it makes sense that we purchase wisely. Average dispensing fees in New Brunswick range from $4.43 to $9.59 per prescription and depending on the drug can exceed $14.00. Choosing to shop at pharmacies with lower dispensing fees helps contain benefit costs. Retailers with lower dispensing fees often have lower drug costs as well.
We should also consider the frequency of claims for maitenance medications, like those for high blood pressure or cholesterol. Filling your prescriptions each month means your paying the dispensing fee everytime, however most physicians will provide direction for the pharmacy to fill 90 day supplies, incurring only one dispensing fee instead of three.
It seems like such a small cost, but those cost can add up quickly and play a direct role in calculating your renewal premiums. Promote consumerism among you staff, together we can all help contain benefit costs and maintain a quality benefit plan in the future.
Below is a chart of the fees charges by pharmacies in the Saint John area in 2011, to provide some context to the points above.