RELATED: Insulin makers accused of price-fixing scheme
In early 2015 Rau paid about $1,250 for a 90-day supply of the insulin; by the next year the same prescription was $1,986 — a nearly 60 percent increase.
The insulin he needs to live has driven him into credit card debt and he’s had to borrow money from his parents.
“Here I am the little guy and I’m getting gouged,” Rau said.
IN-DEPTH REPORT: Consumers kept in the dark over drug pricing
Irate over the unexplained price hikes he went online and found the same drug for $750 through the online discount site BlinkHealth.com.
But as with many of the coupon options available, there was a catch. In order to get the discount price, consumers must purchase their drugs outside of insurance. The consumer pays less out-of-pocket, but the money doesn’t count toward any insurance deductibles.
For more on the true cost of prescription drug discounts and how to get the best deal, click here: Drug coupons can come with a catch.
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