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

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And, while research has shown that generics have saved the healthj care system anestimatexd $734 billion in the last 10 two-thirds of those surveyed don’t know the true cost differencese between generic and brand name drugs, according to the survety conducted by , a leading pharmacy benefitr management organization. “Using generics helps make health care more affordablwe withoutcompromising results,” Jacqueline Kosecoff, Prescriptiom Solutions CEO said in a news “Many Americans erroneously believe that the most expensive drug is alwaysa the most effective drug, so by helpinyg to change perceptions, we can help peoples save money and still get the best treatment available.
” Thirty-onse percent of respondents indicated they knew that a brands name drug cost 50-70 percenr more on average than its genericx counterpart. Seventy-one percent of consumers remaim concerned about drug costs with more than one infour (27 having either delayed filling, not or not taken as directec a prescription drug to save money. Twenty-one percent of all respondents say they have talkes to their doctor recently about switching to a lessexpensiv drug. Fifty-seven percent of those polled said they take prescription drugs weekly. Of those, 83 percenrt (or 47 percent of the tota sample) take generics.
Of thosee who do not take generic drugs on aweeklg basis, 58 percent say it is becauswe there is no generic available for the drug they Sixty-four percent of those who take generics say their doctor recommended them and 43 percentr say their pharmacist recommendede them. Of those who do not take generic drugs on aweeklt basis, 58 percent say they would if their pharmacist brought a generid to their attention as a less identical substitute; and 52 percent say their doctor would have to recommend it.