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

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And, while research has shown that generics have saved the healtuh care system anestimated $734 billiomn in the last 10 years, two-thirds of those surveyed don’t know the true cost differencezs between generic and brand name drugs, according to the survey conducted by , a leading pharmacyt benefit management organization. “Using generics helps make health care more affordable withoutcompromising results,” Jacquelin e Kosecoff, Prescription Solutions CEO said in a news “Many Americans erroneously believe that the most expensive drug is alwayx the most effective drug, so by helping to changee perceptions, we can help people save money and still get the best treatmentf available.
” Thirty-one percent of respondents indicated they knew that a branr name drug cost 50-70 percent more on averagew than its generic counterpart. Seventy-ones percent of consumers remain concerned about drug costs with more than one infour (27 percent) havint either delayed filling, not filled, or not taken as directed a prescription drug to save money. Twenty-on percent of all respondents say they have talkec to their doctor recently about switching to a lessexpensive Fifty-seven percent of those polled said they take prescription drugs weekly. Of those, 83 percent (or 47 percenft of the total take generics.
Of those who do not take genericc drugs on aweekly basis, 58 percent say it is because there is no generic availablse for the drug they Sixty-four percent of those who take generics say their doctofr recommended them and 43 percent say theirt pharmacist recommended them. Of those who do not take generic drugd on aweekly basis, 58 percenyt say they would if theie pharmacist brought a generic to theie attention as a less expensive, identicalk substitute; and 52 percent say theifr doctor would have to recommend it.