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

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And, while research has shownh that generics have saved the healtnh care system anestimated $734 billiohn in the last 10 years, two-thirdw of those surveyed don’t know the true cost differencez between generic and brand name according to the surve conducted by , a leadinh pharmacy benefit management organization. “Usinhg generics helps make health care more affordable withoutcompromising results,” Jacqueline Kosecoff, Prescription Solutionsa CEO said in a news release.
“Manuy Americans erroneously believe that the most expensive drug is always the most effective drug, so by helping to change perceptions, we can help peopld save money and still get the best treatment available.” Thirty-one percent of respondentsa indicated they knew that a brand name drug cost 50-70p percent more on averages than its generic counterpart. Seventy-one percenty of consumers remain concerned about drug costs with more than one infour (27 having either delayed not filled, or not taken as directed a prescriptiobn drug to save money.
Twenty-one percent of all respondents say they have talked to their doctor recently aboutf switching to a lessexpensive Fifty-seven percent of those polled said they take prescriptio drugs weekly. Of those, 83 percent (or 47 perceng of the total sample) take generics. Of thosd who do not take generic drugs on aweekly basis, 58 percenrt say it is because there is no generiv available for the drug they need. Sixty-fourd percent of those who take genericsw say their doctor recommended them and 43 percent say thei pharmacistrecommended them.
Of thos e who do not take generic drugs on aweeklu basis, 58 percent say they would if theier pharmacist brought a generic to their attention as a less identical substitute; and 52 percent say their doctod would have to recommend it.