Noun 1. price gouging – pricing above the market price when no alternative retailer is available
I picked up my medications on Tuesday. This is what came in the box.
The information packet from my doctor contains a list of all possible medications and their costs when ordered from a particular pharmacy. I added up the cost for the two sets of boxes on the far left as well as the two sets of boxes further back on the right. $3761. I may need a refill on one of the medications so that would add another $747.
I thank my lucky stars that we have awesome medical insurance. How much did I pay for all of this? $68.48. I wish I could give the owner of our company a big hug for choosing our health plan!
The cost of IVF medications becomes even more staggering when you realize that most couples have to pay out of pocket for everything. (In addition to the medication cost, IVF can cost over $10,000.) It’s not because they don’t have health insurance, it means their insurance just doesn’t cover infertility. This makes it extremely difficult for many couples to save up enough money for a procedure that may or may not work. My heart goes out to them!