US Patients Continue To Overpay For Off-Patent Drugs Despite $373bn In Savings

Middlemen Markups Are Costing Patients At The Pharmacy Counter

The US Association for Accessible Medicines’ annual report into generic and biosimilar savings has documented another year of increased cost savings thanks to off-patent drugs, but says some patients are still overpaying for their generic medicines. 

Businessman shakes coins out of tiny man
Price markups by industry 'middlemen' continue to cost patients, said the AAM • Source: Shutterstock

The Association for Accessible Medicines has painted an encouraging picture of ongoing savings made by US patients through generic and biosimilar competition in its 2022 US Generic and Biosimilar Medicines Savings Report. However, consumers were seen to overpay for off-patent drugs even as savings increase.

“Today, as a result of pervasive profit-seeking by middlemen, such as pharmacy benefit managers, patients often pay more than they should for generics or are even prevented entirely from receiving lower-cost generics and biosimilars

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