UBP blog

09/09/2009

When it comes to your prescription drugs, don’t let the brand-name labels fool you

That’s  because if you do, you’ll end up paying a lot more money than you have to every time you go to the pharmacy.

 

Did you know that one of out three employees doesn’t realize that generic drugs are equally as effective as their brand-name counterparts?

 

Recent results from a PBM Prescription Solutions and UnitedHealth Group survey  show that many people are  misled to believe that brand-name prescription  drugs have different and superior active ingredients than generics. 

 

However, the only true differences between a brand-name and generic prescription drug is  the label;and the higher price that goes along with it.. 

 

One thing employers can do to help their employee reap cost-savings in a down economy is to educate them on the benefits of using generic prescription drugs. Their generic drugs will have the same effectiveness as brand-name drugs, just a lower co-pay.

 

Stay tuned for more tips on cost-savings in a down economy as our team will keep them coming over the next few weeks.

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