Make the Switch to Generic Drugs?
Being a college student means pinching every penny you have. Whether that means paying for lunch with change, waiting to go grocery shopping until your cabinets are bare or skipping out on going for drinks with your friends because your wallet is empty, almost every students feels the pressure of having limited money. One way to save on your spending is by buying generic versions of the products you use. You can by generic versions of almost everything, but one generic thing that can save you tons of money is drugs, when you are sick or have a cold.
Unfortunately, a lot of times when people are struggling for money or do not have health insurance, they go without prescription drugs that are needed. In fact, 13% of adults did not take a prescription drug that they needed because of its high cost. Generic drugs have the same exact ingredients as brand name drugs, but are sold at a lower cost to promote competition in the marketplace. As of now, one fifth of Americans ask their doctors to prescribe cheaper medicines than the first choice. If more Americans inquired about generic drugs, it could help save a lot of money. According to Healthy UNH, if USNH employees just increased generic drug use by 10%, which is not a lot, we could save $250,000. I don't know about you, but I'm always down for saving money, especially if I'm going to get the same results either way.
- Key Resources
- Physical Activity
- Mental Wellness
- Health Care Consumerism
- Cost Variation
- Appropriate Emergency Room Use
- Avoid Duplicate Radiologic Testing
- Increase Generic Drug Use
- Use Independent Labs
- Healthcare Spending
- Establish a Medical Home
- Understanding Health Insurance
- Using the Health Education Benefit on Campus
- USNH Benefit Resources
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