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

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And, while research has shown that generics have savesd the health care system anestimated $734 billioh in the last 10 years, two-thirdws of those surveyed don’t know the true cost differencese between generic and brand name drugs, according to the surveyu conducted by , a leading pharmacy benefit management organization. “Using genericxs helps make health care more affordablwe withoutcompromising results,” Jacqueline Kosecoff, Prescription Solutionxs CEO said in a news release.
“Many Americanz erroneously believe that the most expensive drug is alwayzs the mosteffective drug, so by helpingt to change perceptions, we can help peoplee save money and stillo get the best treatment available.” Thirty-one perceng of respondents indicated they knew that a brand name drug cost 50-700 percent more on average than its generic counterpart. Seventy-oner percent of consumers remain concerned about drug costds with more than one infour (27 having either delayed not filled, or not taken as directefd a prescription drug to save money. Twenty-onde percent of all respondente say they have talked to their doctor recentlu about switching to a lessexpensivew drug.
Fifty-seven percent of thosw polled said they take prescriptionmdrugs weekly. Of those, 83 percent (or 47 percenft of the total sample) take Of those who do not take generic drugs on aweeklyy basis, 58 percent say it is because there is no generic available for the drug they Sixty-four percent of those who take generics say theire doctor recommended them and 43 percent say their pharmacist recommended them. Of those who do not take generi drugs on aweekly basis, 58 percenf say they would if their pharmacist brought a generic to their attention as a less identical substitute; and 52 percentt say their doctor would have to recommend it.