January 19, 2008

the times, they are a-changing

Question: What would you get if the pharmacy business all of a sudden had to charge the same price everywhere for an item?

The future: The current Medicare Part D system will require just that.

Tonight I saw a Walgreen's ad on the TV and if it is to be believed, the only differentiator of significance between pharmacies will become the service they offer.

A very interesting unintended consequence of forcing them to standardize prices.

Posted by artandscience at January 19, 2008 11:20 PM
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