As a member of Colorado HealthOP, each of our members benefits from lower premiums and greater benefits when we all work together to lower our healthcare costs. One of the easiest ways to do that is by using the generic version of your prescriptions, rather than exclusively using name brands.
Why pay more for the same thing?
The same active ingredients, at the same strength and dosage are used to produce generic drugs as the brand name version of the drug, plus they’re equivalent in safety and quality. Generic drugs provide the exact same medical results as their brand name counterpart, they just cost a lot less!
How much can I save?
Your doctor prescribed that medication for a reason, so cost shouldn’t be a barrier to you taking it. In addition to encouraging our members to switch to generics, Colorado HealthOP has a list of nearly 300 preventive prescription drugs that are available at no cost to our members!
Zip. Zilch. Nada.
Why do generic drugs cost less?
Creating a new drug and advertising it costs a lot of money, but generic drug companies aren’t working from square one, so it costs less to bring the drug to market than it would for a name brand company. But don’t worry! Generic drug companies still have to prove that their version of the drug works the same way as the original drug.
As a result, your generic drugs could be 80-85 percent less expensive than the branded equivalent.
Are there generics of the medications I’m on?
About half of all brand name drugs are available in generic. We recommend you ask your doctor or pharmacist if your branded prescription is available in generic. You also can search on the FDA’s website. Ultimately you should make the decision to go generic with your pharmacists and physician!