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Stretch drug budget dollars

By staff Writer

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  • 80%: Percentage of medications with a generic option.
  • 67%: Level of generic drug utilization for all users in the United States.
  • $13 billion: Expected sales lost to expired patent protection in 2008.
  • 11%: Percent reduction in annual costs for medication by switching to generics drugs.
  • $201 million: Approximate annual savings resulting from a 1 percent increase in generic drug use among Medicaid recipients.
  • $4.5 billion: Overall savings for the Medicaid program over the next five years by increasing the generic prescription fill rate to 65 percent.

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