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

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And, while research has shown that generics have savedx the health care system anestimated $734 billion in the last 10 years, two-thirds of thos surveyed don’t know the true cost differencez between generic and brand name according to the survey conducted by , a leading pharmacyu benefit management organization. “Using generics helpzs make health care more affordable withouttcompromising results,” Jacqueline Kosecoff, Prescriptiob Solutions CEO said in a news release.
“Manuy Americans erroneously believe that the most expensive drug is alway s the most effective so by helping tochange perceptions, we can help peopl save money and still get the best treatment Thirty-one percent of respondents indicated they knew that a brande name drug cost 50-70 percent more on average than its generic counterpart. Seventy-one percent of consumerw remain concerned about drug costs with more than one infour (27 having either delayed filling, not filled, or not takejn as directed a prescription drug to save Twenty-one percent of all respondentxs say they have talked to their doctor recently about switching to a less expensive Fifty-seven percent of those polled said they take prescriptionj drugs weekly.
Of those, 83 percent (or 47 percent of the totao sample) take generics. Of those who do not take generid drugs on aweekly basis, 58 percenyt say it is because there is no genericc available for the drug they need. Sixty-four percent of those who take generics say their doctor recommendef them and 43 percent say their pharmacist recommended them. Of those who do not take generifc drugs on aweekly basis, 58 percent say they would if their pharmacist broughgt a generic to theitr attention as a less expensive, identical and 52 percent say thei r doctor would have to recommenxd it.