1999 PRESCRIPTION DRUG DATA
Let's try to get some control on this while you can!
In 1999:
- There were 270 millions
prescriptions dispensed.
- 160 Million were
for Patented Prescriptions or 59%
- 110 Million were
for Generic or 41%
Total Cost
of All Prescriptions in 1999:
- $8.3 Billion
- $7.1 Billion for
Patented
- $1.2 Billion for
Generic
- Percentage Share:
- 85% of all
costs for Patented
- 15% of all costs
for Generic
These are very staggering figures considering that 59% of all prescriptions
now account for 85% of all costs.
I feel that it is imperative
we make sure that your benefit plans use generic drugs. Especially
considering in many cases, the generic and the brand name drugs are run
in the same plant, at the same time. Then they are just labelled differently
by the manufacturer.
If the projected population
distribution in year 2020, were applied today, an extra 17 billion of cost
would result. The private sector would be responsible for 12 billion of
that cost. THAT IS YOU!
Let's try to get some control
on this while you can!
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