Pet Economics 101 Diversion: No walk in the park for the veterinary industry (and what that means for your vet costs)

April 13th, 2008  

Add Comment10 Comments

interesting post. I'm a firm believer on buying meds from my own vet. The risk of getting 'black-market drugs' on-line is too risky. Meds could be fake, expired, or been damaged to heat/cold in storage. I'm also a firm believer in giving back to the drug industry. Yes, they're rich but they also need that $$ to continue research.

Lisa April 13th, 2008 08:43:00 AM

There is also the issue of counterfeit product coming from China (surprise, surprise!). A lot of our clients buy Frontline from the local farm store, then claim it doesn't work. Turns out that it is not really Frontline. Who knows what it is! That is scary.

sassy April 13th, 2008 09:26:00 AM

Only speaking of delivery in the town I work in (pop. 30,000), very few get "Pet-Meds" or other like - ordered medications. I bought Frontline (deregulated) without the "Plus" at the pet store for my elderly dog , manufactured in France, because it is no longer carried at the clinic (and most folks wouldn't choose it!!)

Other than that, no heartworm meds are in stores, and none of the *many* medications: optimune, ear meds, all the pills, on & on! I did ask for a script for 1000 pill bottle of thyroid Soloxine, because that wasn't in stock either& an order was cost prohibitive.

If prices are "raised" too much, then sales volume will decline, because people will feel it necessary to "cut" corners.

A lot of people do it, but I never have felt comfortable or inclined to either purchase vaccines or administer them (via catalog). I also do not do the "cheaper" clinic version of having a tech administer them ----and this is not meant to "offend" any techs on the list!!!!---just my personal preference!!

Barbara A. Albright/New Hampshire April 13th, 2008 11:21:00 AM

Not a boring topic at all...
I firmly believe in supporting my Vet. I have 3 labs and one cat and have always purchased anything that my vet recommended or prescribed from her Clinic. That is until 1 year ago. My 1 year old male Raider was diagnosed with Primary/Typical Addisons Disease 6 months before that. He was taking florinef and because we could not stablize him on it he was switched to Percorten. My vets "cost" on this drug was high ( $345 which would last 1 and 1/4 months ) and I did not know if I could afford the drug at this cost for the lifetime of a very young dog so I researched online and found the drug for less than half the cost. I am in Canada and normally drugs are cheaper here but not this drug. My vet willingly gave me a script for it when I asked. She knows I am not going to take my business anywhere else.
This drug is one that is not supposed to be sold outside of a Vet's Office. In fact the maker claims it cannot be bought any other way. Well I for one am certainly glad I can get it this way, as is my vet. I know I would have found a way to pay for it regardless but this certainly has made a huge difference to me. This is literally a life saving drug and I do not understand why the cost to Vets in Canada is so much more than it is to the Vets in the US when it is made by the same company.

Elizabeth April 13th, 2008 01:10:00 PM

I'm okay with companies saying only vets can sell things up to a point. However, I think consumers should have the ability to purchase things like Frontline elsewhere. Companies getting vets to push things can cut the other way. Anybody remember the disaster that was Proheart? Vets were pushing it like mad. After a vet really pushed it on an adopter for their elderly dog because they were out of Interceptor, the dog died from Proheart complications.

I'm sorry, but if my dog needs a drug that is also a human drug I check the prices at Target and see if it's less expensive. I spend thousands of dollars a year at my vet's office so I HAVE to save money somewhere. So far this year I've had a thryoidectomy for my cat, a laminectomy for my BC and double FHO's for a foster dog. I know my BC needs Deramaxx, but it still chaps me to pay almost $2 a pill. Saving $200 a year by buying through Drs. Foster & Smith would not be insignificant.

Tracy April 13th, 2008 04:51:00 PM

Your comments hate me. I have at least 20 that haven't gone through. Maybe this one will.

To make a comparison from your business to mine, liability of licensed professionals with big insurance policies is a big benefit to people who are harmed. Going the discount route is attractive and often a nice choice for the layman, but doing so is not without perils.

In my business, one of the frauds I fight against is securities fraud. Securities are stocks, bonds, notes, or anything that can be construed to be similar. If you're a middle class retiree and your broker takes your IRA and blows it on leveraged options on technology stocks in foreign markets, we fight to get your money back as that investment wasn't suitable. If your broker takes your long term annuity which should be left alone and sells it to buy another one, and then does it again 6 months later, churning your account and skimming fees and commissions to his benefit but not yours, we get you your money back.

When a financial adviser who is licensed with a securities dealer sells you "off the book" investments that look like safe securities but are actually Ponzi or Pyramid schemes, we go after the securities dealer to get people their money back, even though the dealer knew nothing about the scam and didn't make a penny off of it? Why? Because the people who make the big bucks managing your money have the legal and ethical obligation to supervise their employees and protect the public.

If your child is burned while being baby-sat because the sitter was in a different room and didn't know that little Charlie knew how to turn on the stove and was playing in the kitchen, you don't blame the kid, you blame the sitter. And when you want to collect for the damage, you might sue the sitter, but more importantly, you go after the company who is presenting itself as the trainer and supervisor of the sitter. The deep pockets, but also the deep obligation.

Does Sara down the street have e&o insurance? liability? Are her parent's loaded enough to pay for the pain, suffering, and medical bills for your kid because you hired her on the cheap instead of getting a more professional sitter?

Is this not the very same issue at hand in this post? When the poo hits the fan, who is going to make you whole? Who should have been in a position to maintain the ethics of the industry? Sure, you can go to a discount place, but isn't the recall from China just the extension of that ethic?

Even if the product is exactly the same, if you open an online account with Schwab and buy yourself a stupid investment that is entirely inappropriate for you, and it goes bust.... tough luck. But hey, you save a few dollars on the commissions, for sure!

If your broker does the same, you have a clear avenue for recourse and when enough people sue, the industry takes notice and things change.

Just remember, the less you spend, the less reason anyone has to care if you're happy about it. And when you spend next to nothing, there's next to nothing available to ensure that checks and balances get done.

Getting gouged means you pay more but don't get more, but investing in premium service is putting your money where your values are and getting that insurance in return.

Christopher April 13th, 2008 05:52:00 PM

Helpful post, and the link to the VPN article is nice too.

On VPN, this article caught my attention also: FDA Seeks Comments on Third-Party Pet Food Certification (http://www.veterinarypracticenews.com/vet-breaking...) You might want to use your blog to help get the word out. Or did I just do that?! ;-)

M April 13th, 2008 06:56:00 PM

This is not boring at all.

I buy my meds from my Vet, mostly because they are right down the street from me and it's a chance to stop in and have them take a peek at my dog to make sure she's in good shape. They don't have a huge mark-up on the Heartworm or Flea/Tick prevention though, so that helps. I think their prices are only about $5 more than the PetMeds-type sites, so it makes much mroe sense to me to support my local Vet than some far-off company.

I'm interested in this ProMeris you mention....discussion about it is all the rage on my breed forum board because of a bad drug reaction. Also, apparently one of the active ingredients is a known carcinogen called Amitraz. I would hugely appreciate any insight you have into this medication (maybe a future post?), because I know very little about it!

Creature of Habit April 14th, 2008 02:51:00 PM

カードでお金, クレジットカード 現金化, ショッピング枠 現金化, カード 現金化, カードで現金化, クレジットカードでお金, 即日 現金化, カード お金, クレジットカードで現金化, クレジットカード お金, カードでお金

aaa August 23rd, 2009 11:07:25 PM

The donkey means one Ugg Sale thing and the driver another ugg bailey button.The benevolent see benevolence and the wise ugg classic cardy see ugg classic tallwisdom.No man is his craft's master the first ugg classic mini day.two dogs fight for a bone coquette, and. A piece of jade unless cut forms no article of vertu.http://www.ladiesugg.com/

ugg boot September 12th, 2009 04:06:35 AM

Add Commment

Your Name:

CAPTCHA Verification