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  4. OWC Pharmaceutical Research Corp. (OWCP) Message Board

I believe you guys may be correct, but as I unders

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Post# of 15624
(Total Views: 274)
Posted On: 04/27/2017 5:18:05 PM
Posted By: GaryM
Re: FELLER #8111
I believe you guys may be correct, but as I understand it, it would be Medmar in that case who'd have to add the cannabis based component in each State where they could market it. If that is the case, I believe that Medmar would need to have something similar to what compounding pharmacies have to mix and package the products.

While I was experiencing substantial pain from shingles, a Dr. friend of mine gave me a prescription for a cream that in part used the same medication I was taking in pill form for relief. It was quite expensive to have it compounded, and the pharmacy used a rather interested sealed pumping devise which they loaded with the cream. I did find it helpful, but stopped using it when the pain diminished to the point that I simply could live with it.

I don't know how high a price point Medmar will place on the cream, but in that I don't believe it would be covered by insurance, I'd hope that a one months supply for a person with substantial psoriasis wouldn't be more than a few hundred dollars at the high end. I know the prescription meds have list prices into four figures for a month's supply, but insured people pay far less, and usually their are provisions to sell to uninsured patients for well under the list price.

Medical care is nearly impossible to estimate costs as the list price is often completely unrealistic. In a hospital the list price for administering an aspirin might be $100 or more, but insurance probably doen't pay a dollar, but the actual cost is pennies. If car prices were discounted the way hospital prices are, the list price on the cheapest cars would probably be over a million dollars. As a patient I get an accounting of what they say the services I received are worth, but I really have no idea what they really settled for.

Gary


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