
Americans may be overpaying for their prescription medicines nearly one-quarter of the time, although the average amount was relatively modest — less than $8. And there were more overpayments involving generic drugs than brand-name medicines, according to a new analysis.
Of about 9.5 million prescription insurance claims filed from January to June 2013, 2.2 million involved overpayments, and these totaled $135 million, or $10.51 per person, according to the analysis that was published in the Journal of the American Medical Association. And about 17 percent of the claims resulted in an overpayment exceeding $10.
To quote the good Dr Gelad – ““I object to the term ‘overpayments.’
Would she prefer ‘excessive charges’ or ‘apparent price gouging?’
It’s all in a word …..