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Pharmacy Technician Salary Information

Pharmacy technicians work under the supervision of a licensed pharmacist and help pharmacists distribute medicines. This involves taking information and filling up a prescription, counting tablets and measuring other prescription medicines, mixing medications and preparing creams or ointments, and prepares various other intravenous medications.

Thus, the role of a pharmacy technician is as important as other jobs in the medical field. Considering the tasks and responsibilities of a pharmacy technician, how much salary does one make in a year?

For those who are just beginning with their career as pharmacy technician, the salary can start at $7-$8 an hour, while those who have longer years of experience in the field can earn up to $13-$15 per hour. Roughly, that is $26,000-$29,000 annually.

Factors Affecting Compensation

Various factors help determine the salary of a medical practitioner such as location of practice, industry, years of service, and credentials considering that there are also technicians who earn up to $40,000 per year.

Salary according to State

According to studies, average rate for pharmacy technicians is from $12-$16 per hour, and among the highest paying States are:

– Alaska – $18.75 per hour ($39,100 per annum)
– Washington, California, and District of Columbia – $18.50 per hour ($38,500 per annum)
– Hawaii – $17.00 per hour ($35,300 per annum)
– Oregon and Nevada – $16.50 per hour ($34,300 per annum)
– Wyoming and Connecticut – $16 per hour ($33,500 per annum)

On the other hand, following are States that pay the least for pharmacy technicians:

– Puerto Rico – $9.60 per hour ($20,000 per annum)
– West Virginia – $11.90 per hour ($24,900 per annum)
– Mississippi, Alabama, and Kentucky – $12.20 per hour ($25,300 per annum)
– Virgin Islands, Arkansas, and Oklahoma – $12.40 per hour ($25,800 per annum)
– Ohio – $12.90 per hour – ($26,800 per annum)

Even though the above States pay lower than most other States, one thing that must be taken into account as well is that the above States have lower cost of living, thus, the per hour rates are still competitive especially after taxes and other fees have already been deducted.

Salary according to Industry

On the average, those who found employment in hospitals are said to receive higher pay than those working in pharmacies and drugstores.

– Hospital – $32,500
– Grocery Stores – $28,800
– Pharmacies and drug stores – $27,000
– Department stores (drugstores in malls) – $25,800
– Other stores – $25,400

Other Factors

As mentioned earlier, experience and credentials also determine the salary of practitioners. On the average, pharmacy technicians who have 3-7 years of experience can enjoy additional 10% salary increase per year, while those technicians who pass their certification can earn a one-time additional 10% increase on top of the regular salary. These are just a few of the reasons on how a pharmacy technician can earn up to $60,000 annually.

Employment Prospects

According to the US Bureau of Labor Statistics, career prospects for these health professionals is positive and is expected to experience job growth by 32% of its current population of 335,000 practitioners until 2020 – that is about 110,000 job openings for pharmacy technicians.

Therefore, now is the best time to decide whether this is the best job for prospective students or professionals who want a career change.

What Is a Compounding Pharmacy and Where Can We Find One?

These days the majority of medicine is coming directly from the large pharmaceutical companies. This trend started after the discovery of penicillin, with modern marketing techniques the drug manufacturing industry controls the drug production. Before the discovery of penciling and industrial production of drugs, compounding was the only technique that pharmacists could make a medicine based on doctor prescriptions. Compounding is defined as a small batch for a patient with a small production only.

There are many situations that a traditional pharmacy can’t provide a type of medicine that doctors, dentists, or veterans usually order for their patients.

These kinds of pharmacies provide medication for some of the following conditions: adrenal fatigue, andropause, autism, bio-identical hormones, dentistry, dermatology, pain management, palliative, pediatrics, podiatry, prescription, sports, thyroid hormones, veterinary, and wound care. There is not an accurate record for the number of compounding pharmacies in the U.S.

For many patients finding a local pharmacy is a stressful task. Some patients will contact their health insurance service providers for the list of the pharmacies nearby and sometimes their doctors will refer them to the local pharmacy.

There are two major directories with information about local compounding pharmacies in the U.S. and the world:

PCCA (Professional Compounding Centers of America) and IACP (International Academy of Compounding Pharmacies). These two directories have listed some of the compounding pharmacies in different states in the U.S. and other countries in the world.

According to the IACP only 1% to 3% of all prescriptions currently dispensed in the United States are compounded.

However due to the aging of baby boomers in the U.S., the demand for compounding medicine is growing fast and more patients will be looking for them in the near future.

There are newer online directories with more compounding pharmacies listed online. These websites provide more information such as online maps, contact phone numbers, websites and the type of medicine that pharmacies provide for their patients. They also allow patients to contact directly with pharmacies and even send the prescriptions online.

The next generation of directory will be providing mobile apps for smart phone users and indicates the pharmacies location and allows to upload or even scan the prescriptions and send it to the pharmacy using only the cell phone.

The compounding pharmacies are here to stay and their market share will be getting bigger. Compounding pharmacies are doing better and better helping the patients to get the required drug or medicine that they need.

Online Pharmacies and Their Benefits to Health Care

Most Americans are experiencing a difficult time managing the recession. Financial imbalance has caused the shutting down of companies and lay offs of millions. Because a greater number people possess no income, they can no longer pay for the rising prices of health care. An increasing number of people are more vulnerable to disease yet they do not possess the insurance or the money to pay for drugs or even visit a doctor. How does a person face with this trouble without endangering their health?

Individuals suffering from medical conditions can buy the generic alternative of their prescribed branded medicine. Generic medicines apply the same main chemical as their branded counterpart. Branded medicines only obtain their expensive price from their patent exclusivity. Otherwise, generic pills possess equal effectiveness.

Individuals on a limited budget can set aside more by ordering generic drugs online. Online pharmacies let you save on public transportation or fuel costs. Buying medicines from the web is also easier, only requiring a few minutes to visit the website and fill up the order application. Visiting your local drug store may take some time, especially if you reside in a far off area. Buying from online pharmacies allows you to acquire your drugs without fretting over the transportation means and the time consumed.

Individuals can also save by ordering large medicine quantities from the web. Most online pharmacies provide lowered costs for large purchases. Some even include a discounted shipping cost with the order. With a large order, you can have enough medicines set aside for a few months. You will be able to track your drug supply and order in advance for a refill.

Budgeting is also more convenient with web drug stores. Before ordering the actual drugs, you can check out the supply drugs and their corresponding prices. From the convenience of your laptop, you can compare each site’s prices. You can plan your total expenses before buying and manage what you spend according to your additional basic needs.

Online pharmacies still come with difficulties. These disadvantages only happen when a person buys from a cheat online pharmacy. On the downside, many websites are only after your money. You’ll settle an order, mail your cash, but get nothing back. You can stay away from this difficulty by visiting online pharmacy review sites. The review websites feature testimonies from past and current buyers of online pharmacies. Most have a rating system that determines the best and reliable web drug stores. You can limit your options by looking through the record of well known pharmacy websites. Review makers don’t only evaluate the website but also include their positive and negative experiences. These experiences indicate if the pharmacy website sends quality products.

Ordering drugs from online pharmacies has many benefits. Apt knowledge and safety measures in choosing the right online pharmacy lets more individuals to set aside cash. Start checking out the pharmacy review sites and see what choices are available.