(Did your mother buy you "Official Building 19" cereal? Mine did.) |
Remember how important it is to take your medications rather than flush them? A major reason why people
are non-adherent is because they can’t afford their medications. About 1 in 4 American adults report taking
less medications than prescribed to save money.
Since cost is a major barrier to adherence, promoting cheaper drugs is
one way to improve patient adherence.
Unlike store brand Plucky Charms, generic medications are
cheap in price but not quality. They only
cost less than the brand name alternatives because the companies don’t have the
same research & development costs branded manufacturers do. In exchange for doing the legwork, branded
manufacturers get unrivaled sales for about 10 years and set whatever price
they want, making butt loads of money.
Generic drugs come on the market after the patent expires. They are mandated by law to use the same
ingredients and formula as their branded alternatives. Plucky Charms aren’t mandated the same
way. Moreover, studies have demonstrated
that generic medications are just as effective as branded drugs, even for classes of medications in which just a small difference can change how a
drugs work— so called “narrow therapeutic index” drugs, like those for epilepsy. Plucky Charms have not stood up to such
rigorous testing. Nobody should have to
eat Plucky Charms. But you should trust
your generic drugs. (And if you're still skeptical, we’ll talk about tricking you into trusting
them in a future post).
Policy Implication:
Generic drugs are cheap, effective solutions to cost-related underuse.
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