User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


11° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Patients Will Save Money On Prescriptions

July 26, 2011, 6:15 PM by Nicole Winters

Patients Will Save Money On Prescriptions
SIOUX FALLS, SD - The price of many prescription medications could be going down. Patents on seven of the world's 20 best-selling drugs will expire over the next year allowing generic versions to come on the market.

"We've already seen drugs like Effexor, and Prevacid, which has even gone over the counter, and now we're facing the biggest drug in the world Lipitor going off patent on November 30," Lewis Drug Director of Pharmacy Bill Ladwig said.

Those name brand drugs have dominated the market for the last decade, creating higher costs for patients like Bill Gortmaker.

"It most certainly does. Generics are only about half price as a rule," Gortmaker said.

Only half of Gortmaker's ten prescriptions are available as generics, but that could soon change. As patents expire, more generic brands will come on the market, creating competition and lowering cost.

Generic drugs can cost as much as 80 percent less and many carry lower co-payments for drug coverage.

"What it means to the patients is they will pay less at co-pays; co-pays for generics are less than brands," Ladwig said.

With more generics coming on the market, the price will go down for consumers, but Ladwig says the most important part is that people take the medications like they're supposed to.

"Compliance is a major, major problem. We've got medication that can save your life, but they don't do any good if you don't take them," Ladwig said.

The hope is cheaper drugs will encourage people to fill their prescriptions and take their medications.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

You may also like

Four Dead In Sisseton Shooting

11/22/2014 7:09 AM

South Dakota authorities are searching for a Sisseton man following a shooting early Saturday morning that left four people dead and another person in...

Full Story
UPDATE: Sisseton Homicide Suspect Found Dead In Home

11/22/2014 10:40 AM

Colter Richard Arbach has been located and identified as one of the four people shot and killed this morning in Sisseston.

Full Story
Sisseton In Shock After Shooting

11/22/2014 5:51 PM

It appears a Sisseton man killed three people and injured a fourth before killing himself early Saturday morning, according to the South Dakota A...

Full Story | Watch
Names Of Sisseton Shooting Victims Released

11/24/2014 10:32 AM

Authorities release the names of the people shot to death and hurt in Sisseton over the weekend.

Full Story
Three People Arrested For Deadly Stabbing In Wagner

11/23/2014 3:12 PM

Three people have been arrested after a deadly stabbing in Wagner.

Full Story


Events