FINANCIAL ADVANTAGES

As a member of Alberta Pharmacy Co-op, you share in the profits!

Every time you fill a prescription the pharmacy makes money. It does not matter who pays for the prescription, the pharmacy makes the same amount. As the member-owner, you will share in the profit generated by all of your prescriptions filled by receiving a patronage dividend from the Co-op.

The patronage dividend has been set at 10% for 2008.

Examples:

1. You are covered by an insurance plan that pays for 80% of your prescriptions.
You have a prescription that costs $200. Your insurance pays $160, and you pay $40.
You would receive a patronage dividend of $20, (10% of the $200 prescription).

2. You are covered by a plan that requires you to pay 20% up to a maximum of $25.
You have a prescription that costs $200. Your insurance pays $175 and you pay $25.
You would receive a patronage dividend of $20, (10% of the $200 prescription).

3. You are covered by a plan that pays everything.
You have a prescription that costs $200. Your insurance pays $200, and you pay nothing.
You would recieve a patronage dividend of $20, (10% of the $200 prescription).

4. You do not have a plan.
You have a prescription that costs $200. You pay $200.
You would receive a patronage dividend of $20, (10% of the $200 prescription).