December 11, 2013
GIVEN THAT ANY BENEFITS ARE MAINLY A PRODUCT OF PSYCHOLOGY...:
Are You Overpaying for Name-Brand Drugs When Generics Would Be Just as Effective? (Charles Ornstein and Tracy Weber, 12/10/13, Pacific Standard)
We talked to dozens of experts for our report on how Medicare is wasting hundreds of millions of dollars a year by failing to look into doctors who disproportionately prescribe name-brand drugs. They struggled to explain why some doctors wouldn't routinely pick cheaper generics.Name-brand drugs are appropriate in certain circumstances, they said: when there are no equivalent generics, when patients have side effects, or if they are particularly sensitive to slight changes in a drug's composition. But these factors should apply to only a small fraction of cases, they said.
...a sugar pill would be the best alternative.Posted by Orrin Judd at December 11, 2013 11:47 AM