Orlando, Fla.- Physicians, pharmacists and consumers all have concerns over the safety of newer prescription drugs, and a sizable proportion believe that medications on the market 10 years or more, such as generics, are safer than newer drugs, according to findings from the Medco Monitor, a national commissioned survey conducted by Forrester Consulting on behalf of Medco.
ORLANDO, FLA.- Physicians, pharmacists and consumers all have concerns over the safety of newer prescription drugs, and a sizable proportion believe that medications on the market 10 years or more, such as generics, are safer than newer drugs, according to findings from the Medco Monitor, a national commissioned survey conducted by Forrester Consulting on behalf of Medco.
Other findings centered on the knowledge gap in confidence and safety of generic drugs-one quarter of the physicians surveyed stated that they do not believe generic medications to be chemically equivalent to their brand counterpart, with more than 8% unsure. Nearly one in five physicians believes generic drugs are less safe than brand-name medications, and more than one in four doctors (27%) believe that generic drugs cause more side effects.
Patient prescription drug behaviors were also among the important findings:
"This study illustrates the ever-emerging market for generic prescription drugs," according to Robert Epstein, MD, Medco's chief medical officer. "Given the evidence supporting the benefits of generic medicines, these survey results underscore the need to provide educational outreach to physicians concerning generics. Generics deliver the dual benefit of quality therapy that provides economic benefits to the patient and payer, ensuring prescription healthcare remains affordable and accessible."
It is important to note that physicians have always been acutely aware of the risk/reward ratio when prescribing a medication, according to Dr. Epstein.
"Given the recent influx of drugs that have been subject to recalls, blackbox warnings and well-publicized FDA hearings, it is critical that managed care professionals continue to educate their providers and consumers on the latest information about the medications they prescribe and consume," he says.
While safety risks can be associated with newer drugs in any class, The Medco Monitor found that cardiovascular risks associated with COX-2 inhibitors and the risk of suicidal tendencies in children using antidepressants have led to a significant drop in the usage of these drugs.
Conversations With Perry and Friends: Paul Fronstin, Ph.D.
May 9th 2025Perry Cohen, Pharm.D., a longtime member of the Managed Healthcare Executive editorial advisory board, is host of the Conversations with Perry and Friends podcast. In this episode, his guest is Paul Fronstin, Ph.D., director of health benefits research at the Employee Benefit Research Institute.
Listen
FDA Lifts Safety Restrictions on CAR T Therapies After Reviewing Real-World Data
July 2nd 2025FDA officials have determined that information regarding the risks for six CAR T-cell therapies can be communicated through product labeling, which includes a boxed warning for the risks of cytokine release syndrome and neurological toxicities.
Read More
Conversations With Perry and Friends
April 14th 2025Perry Cohen, Pharm.D., a longtime member of the Managed Healthcare Executive editorial advisory board, is host of the Conversations with Perry and Friends podcast. His guest this episode is John Baackes, the former CEO of L.A. Care Health Plan.
Listen