Free Prescription Antibiotics

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Offerings from Giant Food Stores

By Dr. David Edward Marcinko; MBA, CMP™

[Publisher-in-Chief]

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Recently, upon return to my home town of Baltimore, Maryland, I observed anecdotally that Giant Food stores was planning to give free generic antibiotics to customers with a prescription for the next three months.

My suspicions were confirmed by the Washington Post, on December 30, 2008, when it reported that the program, which lasts through March 21st 2009, covers several popular antibiotics such as amoxicillin, penicillin and ciprofloxacin. This is the first time that Giant has offered free prescription drugs and it did not estimate the cost or potential popularity of the program.

Assessment

As a kid, I worked as a retail grocery inventory specialist [RGIS]. It was then I learned of the minute profit margins in the business. And so, is the retail grocery competition heating up – and – is this what retail experts called an “aggressive move” in the supermarkets’ heated battle for shoppers? You decide.

Conclusion

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Medical School Debt Burdens

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Tuition and Student Cost-of-Living Expenses

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[By Dr. David Edward Marcinko; MBA, CMP™]

According to the New York Times, December 19, 2008, almost one-quarter of U.S. medical students now graduate from medical school with $200,000 or more in debt. And, according to New England Journal of Medicine [NEJM], this is an expense that limits entry to the profession.

Median Costs

The median cost of attending a year of medical school, including all fees, is now $62,243 at private schools and $44,390 for state residents at public schools. Most of the $2.5 billion in financial assistance available to medical students comes in the form of non-subsidized loans, while few top schools have the resources to discount tuition for students from lower-income families. The steep costs may discourage low-income students from going to medical school, and sway graduates toward higher-earning specialties like radiology, surgery, invasive cardiology and gastroenterology; and away from lower-paying ones like primary care; well-know for sparse compensation and long hours [thinker versus doer].

Assessment

By way of comparison at Temple University in the late 1980’s, my annual tuition and lodging was in the $5,500 – $8,500 range. I was a bachelor without a vehicle, who shared a single room above an antique store on Pine Street, and worked part-time at Pennsylvania Hospital. I graduated debt-free. This frugality enabled me to take prime, but low paying internship, residency and fellowship programs which proved an excellent long-term decision.

Conclusion

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