Generic Drugs and Big Pharma
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In a survey of commercially insured adults regarding their perceptions of generic drugs, Shrank and associates (2009: 546) reported that, Insurers and policymakers encourage the use of generic drugs to reduce costs, but generics remain underused. We conducted a national survey of commercially insured adults to evaluate their perceptions about generic drugs...although 56 percent reported that Americans should use more generics, only 37.6 percent prefer to take generics. The under-usage of generic medication is indeed an unfortunate finding because the wisest course of action for the average person in these difficult economic times is to purchase generic drugs rather than brand-name drugs. The purpose of this paper is to review the literature supporting this claim. Several reasons support the notion that purchasing generic drugs is preferable to purchasing brand-name drugs. First, all
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, Rizzo Zechkhauser, Stoppler Hecht, Research Foundation, Administration Trogan, generic drugs, brand-name drugs, Medicine Law, Millwood VA, Research Policy, health services, services research, Services Research, health services research, Health Services, services research foundation, 2009 546-556, perceptions generic, canadian health services, research foundation, canadian health, hecht 2005, research foundation 2007, brand-name medications, shrank associates 2009,
Approximate Word count = 616
Approximate Pages = 2 (250 words per page)
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