Be Aware of Dispensing Fees
This fee is posted by each pharmacy (in Ontario), typically near the cash register or where you place or pick up your script. This fee varies significantly from one pharmacy to another adding to the overall cost.
A survey of the average Ontario dispensing fees as of January 2015 shows the following:
Why Should WE Care?
Why should you try and save money when it is the insurance company that is paying? The reality is that it is your employer paying these costs at renewal. By being a smart consumer and cost efficient you can guarantee that you will extend the life of your group benefits plan. And if you are currently paying a portion of the premium, it’s you who ends up saving money over the long-term. With drug costs continuing to rise, we all share a responsibility to keep those costs.
Peter Demangos MBA, CFP, CLU, is the Managing Director at PDF Financial Group Inc. email@example.com