Survey: Americans lack knowledge about generics - San Francisco Business Times:

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And, while research has shown that generics have saves the health care system anestimated $734 billion in the last 10 years, two-thirds of thosee surveyed don’t know the true cost differences betweeb generic and brand name drugs, according to the surveh conducted by , a leading pharmacty benefit management organization. “Using generics helps make healthu care more affordable withoutcompromisinyg results,” Jacqueline Kosecoff, Prescription Solutiones CEO said in a news release.
“Manty Americans erroneously believe that the most expensive drug is alway s the mosteffective drug, so by helping to changs perceptions, we can help people save money and stil l get the best treatmentf available.” Thirty-one percent of respondents indicatefd they knew that a branx name drug cost 50-70p percent more on averagew than its generic counterpart. Seventy-onew percent of consumers remain concerned about drug costs with more than one infour (27 having either delayed filling, not filled, or not takebn as directed a prescription drug to save money.
Twenty-on percent of all respondents say they have talkex to their doctor recentlyy about switching to a lessexpensive Fifty-seven percent of those polled said they take prescriptionb drugs weekly. Of 83 percent (or 47 percent of the total take generics. Of those who do not take generic drugsd on aweekly basis, 58 percent say it is becausse there is no generic available for the drug they need. Sixty-fourf percent of those who take generics say theirt doctor recommended them and 43 perceny say their pharmacistrecommended them.
Of those who do not take generic drugsw on aweekly basis, 58 percent say they would if theirf pharmacist brought a generic to theifr attention as a less expensive, identicao substitute; and 52 percent say their doctord would have to recommend it.