You may want to schedule some time to give employees a refresher on the many benefits of generics.
Most employers would be shocked to find just how many of their employees are unaware the only thing separating brand-name drugs from the generics is the price-tag.
In fact, a recent survey by PBM Prescription Solutions and UnitedHealth Group found that most consumers still believe generics aren’t as effective as their brand-name counterparts.
Other key findings the study uncovered:
- Approximately one out of every three employees think generics don’t have the same active ingredients as the brand-name version, and
- Around two out of three employees believe there’s little to no difference in the cost to employers for offering generic and brand-name drugs.
So what’s the best way to clear up incorrect perceptions about generics? Educate employees about the safety and quality (virtually no difference in effectiveness, same ingredients, etc.), as well as the low cost of generics.