November 2022 - Newsletter #3
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Important Information for 2022 Year End Rx Savings
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Could you do us a small favour? Please forward our digital booklet or website link to your friends, family and physicians who may know someone who wants to save money on their prescription drugs. A larger customer base grows our volume buying power, gives us priority access to medication inventories globally to assist with procurement and delivery timelines, and it reduces our cost of overhead per customer to help keep costs lower for everyone. We appreciate your support!
As we approach the end of 2022, we wanted to remind you about the importance of placing your orders as soon as possible as we approach the holiday season and new year. It is important for a few reasons.
First, as the holiday season approaches every year, mail systems and customs often get backlogged.
… we expect they will jack up drug prices in excess of inflation in 2023.
Second, as we have reported in our regular newsletters to customers, 2022 has been a year in which there have been worldwide shortages of various prescription and OTC medications. These shortages are ongoing and are expected to continue into 2023.
Finally, Big Pharma typically raises prices at the start of every year and with inflation soaring, we expect they will jack up drug prices in excess of inflation in 2023. We made this prediction last year and we were right. While price increases tend to affect medications made for the U.S. market the most, they also impact our international suppliers as well, especially in an inflationary economic environment.
Please Order As Soon As Possible Before the Year-End
We are doing what we can to keep a lid on prices as best as we can in the face of increased product acquisition and shipping costs. Despite our robust sourcing capabilities and ample current inventory for most products, we remain vigilant and persistent in securing prescription drug supplies because things can and do change very quickly when manufacturing issues arise, transportation systems in the drug supply chain falter, or demand for products spikes in various parts of the world. So, with the end of the year approaching, we ask our customers to help us by ordering well in advance. This gives us more time to procure what might be difficult to source inventory and get it shipped to you at the current prices before you run out of your supply at home and before any holiday season rush of parcels might affect delivery times through customs and USPS.
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