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

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And, while research has shown that genericds have saved the healtb care system anestimated $734 billiobn in the last 10 years, two-thirds of those surveyerd don’t know the true cost differences between generixc and brand name drugs, according to the surveyh conducted by , a leading pharmacy benefit management organization. “Using generics helpsa make health care more affordable withoutcompromising results,” Jacqueline Kosecoff, Prescriptiob Solutions CEO said in a news “Many Americans erroneously believe that the most expensive drug is always the most effectivew drug, so by helping to changee perceptions, we can help peopled save money and still get the best treatment available.
” Thirty-one percent of respondentds indicated they knew that a brane name drug cost 50-70 percent more on average than its generi c counterpart. Seventy-one percent of consumers remaih concerned about drug costs with more than one infour (27 having either delayed filling, not filled, or not takenn as directed a prescription drug to save Twenty-one percent of all respondentd say they have talked to their doctor recentlu about switching to a less expensive drug. Fifty-seven percentr of those polled said they take prescription drugs Of those, 83 percent (or 47 percent of the totalo sample) take generics.
Of those who do not take genericc drugs on aweekly basis, 58 percent say it is becauss there is no generic available for the drug they need. Sixty-foue percent of those who take generics say theire doctor recommended them and 43 percent say their pharmacistgrecommended them. Of those who do not take generic drugas on a weekly 58 percent say they would if theitr pharmacist brought a generic to theit attention as aless expensive, identical substitute; and 52 percenf say their doctor woulc have to recommend it.