LV, prescription drugs saying their good buys
City scores well in survey of cost for medications
Las Vegas ranks near the bottom in many health care categories, but this time it’s a good thing.
The prescription drug-tracking website Goodrx rated Las Vegas one of the least-expensive metropolitan areas in the country for out-of-pocket prescription drugs in a new report.
The reason for the city’s No. 9 ranking is unclear, largely because of a lack of transparency in prescription drug pricing, said Thomas Goetz, Goodrx’s chief of research.
“We can’t point to one single reason why there’s so much variation, but the fact that there is so much variation I think underscores the confusion and befuddlement and, frankly, pain that comes with prescription medication and prescription prices,” Goetz said.
For its survey, Goodrx used data it compiled for its proprietary online tool, which enables consumers to compare prescription drug prices in their area and download money-saving coupons.
The report looked at cash prices for the 500 most popular drugs in the country’s 30 most populous cities.
Las Vegas’ prices were 9.4 percent below the national average. Columbus, Ohio, had the lowest prices, with drugs costing 21.7 percent below the national figure on average.
In some cities, a higher cost of living corresponded to higher prices, but not so in Las Vegas, where the Council for Community and Economic Research reports the cost of living to be 2.5 percent above the national average.
Las Vegas is likely among the cities benefiting from the availability of big-box stores that sell generic medications, often at cheaper prices, Goetz said.
Walmart, for example, sells a list of generic drugs at $4 for a one-month supply or $10 for a 90-day stash, according to the company’s website. And there are 28 Walmart pharmacies in the valley.
Contact Jessie Bekker at jbekker@ reviewjournal.com or 702-380-4563. Follow @jessiebekks on Twitter.