This coming January, I will have spent 35 years in the insurance and healthcare arena. During this tour of duty, I have learned that nothing surprises me anymore, especially as it relates to the trust we blindly give to those who appear to act in the 'best interest' of the patient and general public. Here is yet another example – generic drugs and how they are priced. Generic medications have proven to effectively keep our drug costs low after patent protection expires. As proof, 90 percent of all prescriptions written in the U.S. are for generic drugs, yet generics comprise only 23 percent of total Rx costs (Source: Association for Accessible Medicines). Yet, new breaking developments suggest that, for at least 300 generic drugs, we are unsuspecting prisoners of a generic drug “cartel” that keeps generic drug costs higher than necessary – thanks largely to a friendly game of Read More >