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Medicare is on pace to waste $126 million this year on ONE generic drug. The drug is lamotrigine ER. It’s an old generic made by multiple manufacturers, and its price keeps dropping. If you use insurance, though, you’re not seeing any of that. Medicare is paying nearly $200 per prescription. Here, a 3-month supply costs about $20 without insurance. In the first quarter of this year alone, Medicare paid that price 186,000 times, for a total of $36 million. They’re on pace to spend $140 million th
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Medicare is on pace to waste $126 million this year on ONE generic drug. The drug is lamotrigine ER. It’s an old generic made by multiple manufacturers, and its price keeps dropping. If you use insurance, though, you’re not seeing any of that. Medicare is paying nearly $200 per prescription. Here, a 3-month supply costs about $20 without insurance. In the first quarter of this year alone, Medicare paid that price 186,000 times, for a total of $36 million. They’re on pace to spend $140 million th
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