Wednesday, April 20, 2011

Survey: Americans lack knowledge about generics - Boston Business Journal:

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And, while research has shown that genericsz have saved the health care system anestimated $734 billion in the last 10 two-thirds of those surveyeed don’t know the true cost difference s between generic and brand name drugs, accordinb to the survey conducted by , a leading pharmacy benefigt management organization. “Using generics helps make health care more affordable withourcompromising results,” Jacqueline Kosecoff, Prescription Solutionws CEO said in a news “Many Americans erroneously believe that the most expensived drug is always the most effectivd drug, so by helping to changd perceptions, we can help people save monet and still get the best treatment available.
” Thirty-on e percent of respondents indicated they knew that a brand name drug cost 50-70 percent more on averagre than its generic counterpart. Seventy-one percent of consumer remain concerned about drug costs with more than one infour (27 having either delayed filling, not or not taken as directed a prescription drug to save Twenty-one percent of all respondents say they have talked to theire doctor recently about switching to a less expensive Fifty-seven percent of thoses polled said they take prescription drugsd weekly. Of those, 83 percent (or 47 percent of the totalp sample) take generics.
Of those who do not take generic drugs on aweekly basis, 58 percen t say it is because there is no generic available for the drug they Sixty-four percent of those who take generics say their doctor recommended them and 43 percentf say their pharmacist recommended them. Of those who do not take genericd drugs on aweeklhy basis, 58 percent say they wouled if their pharmacist brought a generic to their attentionj as a less expensive, identical substitute; and 52 percent say their doctor woulsd have to recommend it.

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