Georgia Medicaid program saves $20 million by controlling use of anti-ulcer drugs
...ion of the prior-authorization program, the use of generics increased from 31% to 79%. The result was a net savings of $20.6 million, with PPI drug expenditures decreasing from $44.1 million to $13.2 million, and H2A drug expenditures increasing from $6 million to $13.5 million. In addition, the 12-month aver...Generic drug use varies widely by state, study reveals
...ng Texas, Louisiana, Florida and Mississippi, used generics to fill fewer than 43% of all prescriptions. New Jersey used generics for fewer than 40% of all prescriptions. Possible explanations for the variations in generic fill ra...Seniors reduce or discontinue medications when faced with gap in drug coverage, UCLA study shows
...sive but potentially effective medications such as generics are appropriate." The study, "Cost-Lowering Strategies By Medicare Beneficiaries Who Exceed Drug Benefit Caps and Have a Gap in Drug Coverage," is published in the August 25 issue of the Journal of the American Medical Association. The study surv...Generics slow rising cost of prescription drugs in 2003
...Formulary, which most effectively promotes the use generics and low-cost brand drugs. The 10 plan sponsors th...hods proven by the evidence to increase the use of generics in prescription benefit plans of all sizes. Overall, the Express Scripts Drug Trend Repo...First quarter prescription drug spending: Generic drugs slow upward trend
...lexa, among others. "Taking full advantage of the generics cost-saving opportunity is critical because the ag...s for formulary brand name drugs and the least for generics limited their drug trend to 7% on average. In another example, clients already using a three-tier ...Higher cost sharing reduces plans' drug expenditures, but boosts enrollee costs
...y also found that enrollees are more likely to use generics when they fill their prescriptions at retail pharm...as 16.4 percent less than retail. However, use of generics saved the most, with the average price of a generic prescription over 70 percent less than the avera...First quarter 2002 prescription drug spending: Higher again, but rate of increase drops
...y. Thus, to take advantage of the large number of generics coming to market over the next several years, most members will not object to well designed generic incentive programs, observed Toan. He added that products facing generic competition through 2006 represent 26.7 percent of the entire 2001 pharmaceu......own often push providers to prescribe and dispense generics and encourage patients to take generics through higher copays on brand-name medications. A group of University of Michigan researchers condu....... However, since beta-blockers can be purchased as generics for less than $300 per person annually, their increased use would actually save money over the 20 years studied due to lower medical costs. "The value of beta-blockers has already been clinically proven," said Phillips. "But what has not been as clea...