05/21/2024
SCANDAL: MANY PHARMACISTS GET PAID LESS THAN PHYSICIANS FOR THE EXACT SAME VACCINES
The pharmacy industry has a dirty little secret: we’ve uncovered that most pharmacists are getting lower reimbursements than they should on NEARLY EVERY VACCINE THEY ADMINISTER TO PATIENTS — anywhere from $10 to $100 per flu vaccine*.
You read that right: in most cases, a physician gets a dramatically higher reimbursement rate for administering the exact same service or vaccine than a pharmacist does.
It turns out that when providers submit their reimbursements to medical insurance, they get reimbursed for both the drug as well as the act of administering it.
When pharmacists submit a claim to PBM (known as d.0 reimbursement), they only get reimbursed for the drug—essentially administering the vaccine FOR FREE. We are outraged.
Big PBMs want pharmacists like you to think that getting RIPPED OFF by greedy reimbursement rates is their only option. But we looked into it, and that’s not true.
Pharmacists can bill medical benefits and get the EXACT SAME RATES as physicians in almost every state if they know how.
We’re fed up with PBM greed and tired of watching pharmacists get paid way less for the same damn vaccines. It’s time to fight back and get what we deserve — it’s .
Today, we launched the PAYBACK CALCULATOR — answer a few questions about your pharmacy and we’ll provide a rough estimate on how much money you could be missing by not billing your flu vaccines to medical insurance.
It only takes 2-3 minutes, but we’re willing to bet the number will shock you.
But that’s not all — we’re building the Internet’s best and most thorough free online resource for all things pharmacy medical billing, credentialing, and claim submission.
Our software makes getting credentialed and billing to medical insurance way easier, but even without it, you can use our resources and bring medical billing to your pharmacy completely for free.
We think it’s time for pharmacists to get loud and get the payment we deserve. We’re DONE with PBM greed and we’re not gonna stop agitating the PBMs until every single pharmacist knows there’s something they can do to get the vaccine reimbursements they deserve. This is a scandal and we’re standing up to shout ENOUGH.
Calculate your payback, then help us spread the word: it’s officially . https://buff.ly/3yF5REM
___
*taken from an internal study with data provided by chain pharmacies and reimbursement data from submitting medical claims.
FINE PRINT: The Payback Calculator creates an estimate based on flu vaccine reimbursements (self-reported commercial rates and publicly available Medicare/state Medicaid data). This estimate is intended to educate about the significant disparity between Pharmacy d.0 (PBM) and medical insurance reimbursement rates. It may not be accurate or representative. Actual medical insurance reimbursement rates vary by vaccine product, payer and state.
Skip the doctor's trip. With Scripted, you can get a prescription for common conditions right at your local pharmacy.