Potential Savings from Greater Use of $4 Generic Drugs
Published In: Archives of Internal Medicine, v. 171, no. 5, Mar. 2011, p. 468-469
Posted on RAND.org on March 01, 2011
Discounted generic medication programs ($4 per 30-day supply or $10 per 90-day supply) are available at pharmacies of many retail stores, such as Wal-Mart and Target. Patients pay only $4 for qualifying generic drugs through these programs, regardless of the type of insurance they have. Use of $4 programs could potentially save patients and society billions of dollars. This paper presents findings from a study evaluating who may be using $4 programs and identifying potential national savings from broad use of these programs.