first off, just let me say this isn't politically motivated, just an observation.
second, I worked in a private pharmacy for 33 years, owned it for most of those.
We were a small community pharmacy, had our own little niche, catered to what the locals wanted, and I have no complaints about my run in that business.
I now have coverage on my wifes medical plan.
Its a solid plan, what I always considered a top plan.
I went in yesterday, first time this year for my monthly prescriptions.
My first drug, one for diabetes, for a 90 day supply(the insurance company lets me get 90 day supply of drugs, has a slightly less copay for me) the cost of the drug was a bit over 800 dollars to the pharmacy, with his fee, he lost almost 2 dollars dispensing it to me.
My second drug, for cholesterol, another 90 day supply, and another drug close to 900 dollars, he lost a dollar on it.
My third drug I got yesterday, for hypertension, a very mild dose, cheapest generic drug, another 90 days supply, the copay was 2.82, and the last time I got it was 5.00
2.82 was the total the pharmacy collected. this includes the fee, the cost of drug, and the electronic processing fee, cost of vial, label, etc....
Maybe he profited 1.00 or so.
Pharmacists earn 45-60 dollars an hour.
Rents are ridiculous, and top that off with liability insurance, electric, blah blah blah, this is the end of private pharmacy.
It might be the only business on earth that is expected to purchase goods for 1000 dollars and not make a profit on it.
The doors will be closing soon on whatever privates are left.
If they don't own their real estate, none will make it.