News

The latest on managing care, value-based care, insurance markets, payers & providers

Use of Generics On the Rise

Recent data issued by the Centers for Medicare and Medicaid Services indicate that generic medication accounts for nearly 60 percent of the drugs dispensed to people in Medicare Prescription Drug Plans and Medicare Advantage plans.

Dispensing of generics has increased among private third-party payers — growing 9 percent over the past year, according to the National Association of Chain Drug Stores. Generic drug use by Medicare Part D participants is 13 percent higher than by people with third-party coverage.

CMS acting administrator Leslie V. Norwalk says that a growing number of beneficiaries are asking their doctors and pharmacists about generics, which leads to more savings "that can be used to provide better value and expanded coverage to beneficiaries."

Subscribe to Our Newsletters

Monthly table of contents

Be notified as each issue of Managed Care is available online.

Biweekly newsletter

Recent topics have included:

  • Doug Jones and the ACA, Epic misses a White House meeting, and man caves for man-flu sufferers
  • CVS-Aetna deal may trigger merger mania, Johns Hopkins criticized for lack of asthma prevention, & Columbia sees free-ride future for all of its med students

PTCommunity news

New drug approvals, clinical trials, drug management. Three times per week.