Survey: Americans lack knowledge about generics - The Business Journal of Milwaukee:

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And, while research has shown that genericzs have saved the health care system anestimated $734 billion in the last 10 years, two-thirds of thosed surveyed don’t know the true cost differences between generifc and brand name drugs, according to the survey conducted by , a leadingg pharmacy benefit management organization. “Using generics helps make healtbh care more affordable without compromising Jacqueline Kosecoff, Prescription Solutions CEO said in a news release.
“Mant Americans erroneously believe that the most expensive drug is alway s the mosteffective drug, so by helping to changes perceptions, we can help people save money and stilpl get the best treatment available.” Thirty-ond percent of respondents indicateed they knew that a brand name drug cost 50-70 percent more on averag than its generic counterpart. Seventy-one percenft of consumers remain concerned about drug costs with more than one infour (27 having either delayed filling, not filled, or not taken as directed a prescription drug to save money. Twenty-onew percent of all respondents say they have talkedc to their doctor recently about switchingg to a lessexpensive drug.
Fifty-sevej percent of those polled said they take prescriptiondrugs weekly. Of 83 percent (or 47 percentf of the total sample) take Of those who do not take generic drug s on aweekly basis, 58 percent say it is becaus e there is no generic available for the drug they need. Sixty-fout percent of those who take generics say their doctodr recommended them and 43 percentf say their pharmacistrecommended them. Of thoswe who do not take generic drugs on a weekly 58 percent say they woulx if their pharmacist broughrt a generic to their attention as a less identical substitute; and 52 percent say their doctor would have to recommend it.