Survey: Americans lack knowledge about generics - East Bay Business Times:

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And, while research has shown that generics have saveds the health care system anestimated $734 billiob in the last 10 years, two-thirds of those surveyede don’t know the true cost differences betweeh generic and brand name according to the survey conducted by , a leading pharmacy benefit management organization. “Using generics helps make health care more affordablew withoutcompromising results,” Jacqueline Kosecoff, Prescription Solutionsx CEO said in a news release. “Manyu Americans erroneously believe that the most expensive drug is always the mosteffectivw drug, so by helping to change we can help people save money and still get the best treatmentf available.
” Thirty-one percent of respondents indicated they knew that a brans name drug cost 50-70 percent more on averager than its generic counterpart. Seventy-one percent of consumerse remain concerned about drug cost with more than one infour (27 percent) having either delayed filling, not filled, or not taken as directed a prescriptio drug to save money. Twenty-one percenty of all respondents say they have talked to theid doctor recently about switchinh to a lessexpensive drug. Fifty-sevenh percent of those polled said they take prescriptionbdrugs weekly. Of those, 83 percent (or 47 percen of the total sample) take generics.
Of those who do not take generi c drugs on aweeklt basis, 58 percent say it is because there is no generic available for the drug they need. Sixty-foure percent of those who take generics say their doctor recommended them and 43 percenyt say their pharmacistrecommended them. Of those who do not take generif drugs on aweekly basis, 58 percent say they would if theie pharmacist brought a generic to their attention as a less identical substitute; and 52 percent say their doctore would have to recommendd it.