• It has come to our attention that some users may have been "banned" when they tried to change their passwords after the site was hacked due to a glitch in the old vBulletin software. This would have occurred around the end of February and does not apply after the site was converted to Xenforo. If you believe you were affected by this, please contact a staff member or use the Contact us link at the bottom of any forum page.

Eddie Hobbs 50% rip-off WRONG


Samell

Well-known member
Joined
Jun 6, 2010
Messages
1,103
Once again Mr. Hobbs goes for sensationalized figures and misses the point by a mile.

The government told the pharmacists AND wholesalers to cut the prices, guess what the wholesalers haven't.

Mary Harney strong armed the pharmacists into the cuts, the strikes were one day actions so the aul fella 'I only had 2 days' was wrong, he could have got them the day after or the day before.

All people on Long Term Illness books who now due to the recession have a medical card have been switched as the HSE pay NO mark up on GMS prescriptions but pay 20% on LTI.

The price list issued by the HSE will probably be wrong as the generics are usually cheaper than the named brands but pharmacy companies are trying to undercut each other and have slashed their prices at present to wholesalers. Don't worry they wont last at it.

Pharmacies are closing regularly, wages for pharmacists have plummeted 15% or more, and more to the point Harney knows all about it but it is a matter for the HSE.

Would RTE just refer to Brian Cowan as a TD, no he would be refered to as the Taoiseach, give Daragh his due he is the President of the IPU.

When will they do a piece about the 'Mark-up' on soft drinks in pubs, or price fixing at the petrol pumps or the monopoly of Calor in the LPG market.

I for one will not be following Hobbs' advice as until Mary Harney speaks to the pharmacists properly and organizes her bloated adminocracy to sort out how and what they will pay for and how much, then unfortunately pharmacists will have to make their money somewhere.

Maybe if she were to drop the thousands of IVF treatments she pays out for on the drug payment scheme then she would make a real saving.
 

the_rebubblican

Well-known member
Joined
Mar 24, 2010
Messages
344
Pharmacies are closing regularly, wages for pharmacists have plummeted 15% or more, and more to the point Harney knows all about it but it is a matter for the HSE.
I'd suggest any pharmacist who is in difficulty due to income reduction should contact their local community welfare officer for help. Please bear in mind...there might be queue.
 

CorkHurler

Well-known member
Joined
May 12, 2004
Messages
545
Pharmacists mark up is based on wholesaler's list prices. The wholesalers regularly discount these prices to pharmacists but the pharmacists will still invoice the HSE at the list price pocketing the difference, a fact the IPU are keen to avoid discussing.
The IPU did a deal with Noonan in 1996 to effectively shut out new entrants into the industry. Like the taxi industry they tried to tried for years to live in some kind of sheltered utopia, but the world has moved and they need to realise that consumers are no longer willing to be ripped off to provide them with exorbitent profit levels. Well done Eddie Hobbs.
 

Fides

Well-known member
Joined
Apr 6, 2010
Messages
4,442
In Dublin there are probably more Pharmacies than Spar shops & I have never seen one close so times can't be that tough... Health is a growth sector as people are living longer and relatively recession proof so I am sure they will be ok.
Actually 2 closed around us (D18) but they had opened fairly recently (last 3 years). Still are 4 in a very small radius and I would expect more rationalisation as margins are squeezed. This btw is not a bad thing unless competition is eliminated altogether.
 

Old Irish

Well-known member
Joined
Oct 30, 2008
Messages
1,515
So the pharmacists are leaving it up to Mary Harney to fix the wholesaler problem?? If it is that much of a problem for the pharmacies then why don't they do something about it?rather than blaming it on Mary Harney cause guess what she won't fix it.
 

oceanclub

Well-known member
Joined
May 17, 2006
Messages
1,304
Website
oceanclub.blogspot.com
I turned on for the news and had the last few minutes of the programme on in the background. Was Eddie calling the bottom of the property market at the end??

P.
 

charley

Well-known member
Joined
Apr 3, 2009
Messages
1,247
I thought 50% mark-up is the standard in any retail business. Big Mary gets a discount cause she's a bulk buyer(pun intended).
 

gombeennation

Well-known member
Joined
Oct 6, 2009
Messages
2,368
one of eddies pieces of advice was to go to the HSE.ie - Health Service Executive Website - and have a look at the prices you should be paying. well i have scoured the fking thing for the last 40 minutes and i still cant find the price - best of luck grannys!!!!

as usual , another fk up by the HSE ( deliberate or otherwise )
 

Fides

Well-known member
Joined
Apr 6, 2010
Messages
4,442
I thought 50% mark-up is the standard in any retail business. Big Mary gets a discount cause she's a bulk buyer(pun intended).
Depends on the retail business and the product being sold. You also need to distinguish between mark up (based on cost) and gross margin (based on selling price) so a 50% mark up works out about a 33% gross margin. Some businesses work on a lot more, some on a lot less - much of it depends on volume. Even within the same retail business gross margin will vary between product areas.
 

stonethrower

Active member
Joined
Jan 2, 2006
Messages
276
Pharmacists mark up is based on wholesaler's list prices. The wholesalers regularly discount these prices to pharmacists but the pharmacists will still invoice the HSE at the list price pocketing the difference, a fact the IPU are keen to avoid discussing.
The IPU did a deal with Noonan in 1996 to effectively shut out new entrants into the industry. Like the taxi industry they tried to tried for years to live in some kind of sheltered utopia, but the world has moved and they need to realise that consumers are no longer willing to be ripped off to provide them with exorbitent profit levels. Well done Eddie Hobbs.
Have to agree with this. In particular the 1996 deal was scandalous, a blatant attempt by an vested interest to carve up the profits and keep competition out. The IPU are a fairly discredited outfit, they decided to take on one of the most unpopular Ministers for Health last year over the price of medicine and lose miserably.
 

timfinnegan

Active member
Joined
Jul 5, 2010
Messages
126
Pharmacists as a profession are absoloutely minted. Most earm around the €150k mark, many more earn many multiples of this salary.
 

euroboy

Well-known member
Joined
Jul 8, 2008
Messages
323
For GMS/GR's: pharmacists get cost price - 8%, plus dispensing fee.
Then there is the withholding tax of 20% off markup and fees, taken off every month.

So here is a classic reimbursment to pharmacists, with a GMS

e.g. Cost price 2 euro.....1 month supply of nu-seals aspirin 75mg(1d)
2 - .16 + 5 = 6.84

e.g Cost price 65 euro.....1 month of lipitor 80mg(1d)
65 - 5.2 + 5 = 64.8 (it costs 65 euro)

e.g Cost price 230 euro....1 month of zyprexa 20mg(1d)
230 - 18.4 + 5 = 216.60 (it costs pharmacist 230 euro)

As can be seen, a pharmacist runs a lost when it dispenses a drug costing more than roughly 65euro on the GMS scheme.

As can also be seen, a pharmacist gets a dispensing fee of between 3.5-5 euro an item........does this reflect the skill, work involved in dispensing a drug. Handing out lipstick carries a larger margin, for lipstick. Not to mention, the amount of times a pharmacist has to correct the dose, and in some cases even the drug written on the script.

Eddie Hobbs didn't mention that in his programme, however, he did adopt a tone aganist the pharmacists.

And Keelin(I thought she was intelligent, not anymore) was even harsher, when she didn't have a clue what she was talking about....only to make a smart alec comment about jobs and recessions.

Before people mention that pharmacists get a trade discount, bonsues. Yes that is true, but that is market business. The HSE should pay the INVOICED price.
 
Last edited:

euroboy

Well-known member
Joined
Jul 8, 2008
Messages
323
As regards, private patients. Yes there is a markup, the rationale is to subsidise the losses made on the GMS/GR/Hardship schemes.

But it is misleading for the Consumer Show to talk about being charged 122 euro for 3 items.

Everyone in the State qualifies for a Medicine Scheme, be it GMS, LTI, DPS.

That 122 would be capped at 120, if the customer had a DPS card, in the case they had to pay for drugs.

there are some exemptions to the rule, for example on any drugs scheme only 4 viagra(any strength) or similar drugs(cialis, levitra) can be given out in any one month. Likewise, only the NUMBER OF DAYS IN THE MONTH of anti-malaria tablets, malarone can be given out on DPS
 

gombeennation

Well-known member
Joined
Oct 6, 2009
Messages
2,368
yes yes , poor old pharmacists but where is the list of prices we should be paying?
where have the HSE hidden it?
nice investigation work by RTE yet again - telling us to check the HSE.ie - Health Service Executive Website - site but not bothering their hole to see if it exists.
 

gombeennation

Well-known member
Joined
Oct 6, 2009
Messages
2,368
As regards, private patients. Yes there is a markup, the rationale is to subsidise the losses made on the GMS/GR/Hardship schemes.

But it is misleading for the Consumer Show to talk about being charged 122 euro for 3 items.

Everyone in the State qualifies for a Medicine Scheme, be it GMS, LTI, DPS.

That 122 would be capped at 120, if the customer had a DPS card, in the case they had to pay for drugs.

there are some exemptions to the rule, for example on any drugs scheme only 4 viagra(any strength) or similar drugs(cialis, levitra) can be given out in any one month. Likewise, only the NUMBER OF DAYS IN THE MONTH of anti-malaria tablets, malarone can be given out on DPS
but the chemist still gets his 122 - thats the point.
like most other sections of society in ireland the pharmacies are on the take.
why people dont buy over the net and save themselves a fortune i just dont know.
 

euroboy

Well-known member
Joined
Jul 8, 2008
Messages
323
yes yes , poor old pharmacists but where is the list of prices we should be paying?
where have the HSE hidden it?
nice investigation work by RTE yet again - telling us to check the HSE.ie - Health Service Executive Website - site but not bothering their hole to see if it exists.

I don't think the Consumer Show got a handle on this issue.

It seems RTE have consumer programme, and it needs to fill it. Sadly, it is misleading and often wrong.

Does the Sale of Goods and Supply of Services Act apply to RTE's tv programmes. Because we were sold a faulty story this evening
 

euroboy

Well-known member
Joined
Jul 8, 2008
Messages
323
but the chemist still gets his 122 - thats the point.
like most other sections of society in ireland the pharmacies are on the take.
why people dont buy over the net and save themselves a fortune i just dont know.
Under the old system, the consumer paid 120 that month. The HSE prior to M. Harney' s new reimbursement schedule sent a check to the pharmacist paying the additional 2 euro.

Now, the consumer still pays 120 but the pharmacist doesn't claim the extra 2 euro. Because the HSE views that 122 as 122 - ~8%(as the dispensing fees are included in that). In such a case, the HSE views 122 as ~112.4 euro.

This is an anomly with the reimbursment scheme. And hurts those that with drug bills costing between 110-130 euro in its totality.
 

gombeennation

Well-known member
Joined
Oct 6, 2009
Messages
2,368
I don't think the Consumer Show got a handle on this issue.

It seems RTE have consumer programme, and it needs to fill it. Sadly, it is misleading and often wrong.

Does the Sale of Goods and Supply of Services Act apply to RTE's tv programmes. Because we were sold a faulty story this evening
we certainly were sold a faulty story.
the story was "check the HSE website for the price you should be paying".
what a crock of shlt. silly paddies still dont get it - just hand over the money paddy :lol::lol:
 
Top