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

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And, while research has shown that generics have saved the healthb care system anestimated $734 billion in the last 10 two-thirds of those surveyes don’t know the true cost differenced between generic and brand name according to the survey conducted by , a leading pharmacy benefit management organization. “Using generics helpws make health care more affordable without compromising Jacqueline Kosecoff, Prescription Solutions CEO said in a news release. “Manyg Americans erroneously believe that the most expensive drug is always the mosteffective drug, so by helping to changed perceptions, we can help people save money and still get the best treatmentg available.
” Thirty-one percent of respondents indicated they knew that a branxd name drug cost 50-70 percent more on average than its generiv counterpart. Seventy-one percent of consumers remain concerned about drug costsd with more than one infour (27 percent) havinbg either delayed filling, not or not taken as directed a prescriptiob drug to save money. Twenty-one percent of all respondentws say they have talked to thei doctor recently about switching to a lessexpensive Fifty-seven percent of those polled said they take prescriptionh drugs weekly. Of those, 83 percenf (or 47 percent of the total sample) take generics.
Of those who do not take generiv drugs on aweekly basis, 58 percent say it is because ther is no generic available for the drug they Sixty-four percent of those who take generics say their docto recommended them and 43 percent say theirf pharmacist recommended them. Of thoses who do not take generic drugs on aweeklyy basis, 58 percent say they would if theier pharmacist brought a generic to theire attention as a less expensive, identicalp substitute; and 52 percent say their doctor would have to recommend it.