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generic drugs

Latest Headlines

Latest Headlines

States limit copay amounts for specialty drugs

Insurers increasingly are facing potential legislation that could prevent them from shifting larger portions of prescription drug costs onto their members. At least 20 states have introduced bills to

WellPoint drops Lipitor coverage

WellPoint will stop covering the cholesterol-lowering drug, Lipitor, and instead pay for generic versions beginning April 1. The insurer hopes the coverage change will compel members to take the

Health plan could save $1B per year with generic drugs

Excellus BlueCross BlueShield says it could save $460 million to $1 billion per year if its customers use more generic drugs instead of name-brand prescriptions, according to a new report from the

UnitedHealth, Coventry scrutinized for favoring brand-name drug

UnitedHealthcare and Coventry are being investigated for their role in Pfizer's attempt to block new generic competition in favor of its cholesterol-lowering drug Lipitor. Since Lipitor lost its

Docs insist on brand-name drugs even when cheaper generics are available

Even though generic prescription drugs may be as effective as brand-name drugs, some physicians continue to prescribe branded drugs out of habit, according to a Washington Post article yesterday.

Hospitals running out of drugs, seeking medication alternatives

As the drug shortage continues, hospitals are seeking alternative medication and care treatments. In recent years, medications for cancer, cystic fibrosis, and even cardiac arrest have reached an

Obama's budget delays deep cuts to physician payments

Although President Obama's proposed $3.73 trillion budget for 2012 calls for more than $1 trillion in slashed spending, it protects doctors from steep cuts in their Medicare payments with a two year

Medicare paid too much for newly available generic drugs

Medicare and its beneficiaries wasted $111 million on generic drugs, according to a report by the Office of the Inspector General. The OIG investigation found that payment amounts were much higher

SPOTLIGHT: Customers enrolled in consumer-directed plans make healthier choices

Cigna ( NYSE: CI ) says that consumer-directed healthcare is serving enrollees the way it's designed to by encouraging members to make good choices, reports American Medical News. Compared with members

New York to offer prescription drug discounts

New York is set to offer prescription drug discount cards for eligible residents. The New York Prescription Saver Cards, which will be available next week, are targeted at residents who are