PHARMACIES are finding it harder and harder to make a profit and are going out of business in greater numbers than ever before.
This will certainly be one of the end results in our country if the new elected do not repeal Obamacare. If you can not make a decent profit, why be in business? Should your government also be able to tell you how much you should make?
One problem is the system by which people can pay nothing for their medicines and the pharmacies have to wait for a reimbursement from the local health authority, which can cause cash-flow difficulties. They have also suffered from regular prices cuts on medicines imposed by the government, plus the fact that doctors are being encouraged to prescribe less, said the pharmacists’ national body.
What is more, drug companies have decreased discounts they make on generic drugs and there are also an increasing number of “para pharmacies”, specializing in the kinds of non-prescription items that pharmacies traditionally sell as well as medicines.