Brand Drugs vs Generic Drugs

by admin on October 22, 2012

If looking to save money on your Health Insurance premium one key thing to do is go with the Generic Only option when choosing your plan. Most of the time you can see a savings of around $1200 per member, but the key question is if Generic drugs are as good as the Brand?

In the United States today, 80% of prescriptions filled are generic Drugs. The growing trend is only going to grow larger as more and more of our popular Brand drugs are losing their patent coming in 2015.

On a typical Individual Health Insurance plan, you will find yourself paying $15 for your Generic and usually $35 for your Brand drugs with a $500 Brand Deductible. This making it much more appealing to choose the Generic option if your doctor and Pharmacy offer one. Some info regarding Generic Drugs from the FDA:

Generic drugs are required to have the same quality and performance as the Brand. All generic drugs have to be approved by the FDA and have to have met standards regarding strength, quality purity, potency and identity says the FDA. Manufacturers must prove their drug is the same as the brand name drug, as well as testing, packaging and manufacturing on all products which they must pass at the same level as the brand name drug.

The plants that your brand drugs are made usually have the generic drug being manufactured in the same place. Most of the studies that have been done show the two kinds of drugs being very similar, very few differences. If any usually has to do with absorption into the body either a little more or a little less.

There are ongoing studies regarding the differences between Brand and Generic Drugs and the effects on people when switching from one to another. The FDA does not allow a 45% difference in the effectiveness of the generic.

If you have any questions or would like to see if your daily drugs come in Generic form please give my office a call, 818-709-8442. You can also always call to see if we can lower your plan premium by giving you a Generic Only Drug Plan.

Go to:

www.health-insurancecalifornia.com

anytime for Free Health Insurance Quotes.

Politi Insurance Agents & Brokers

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Anthem Blue Cross News

by admin on October 11, 2012

Current Members can sign up to win Gift Cards! See below:

If you haven’t already registered on the member site at anthem.com/ca, don’t wait a minute longer!
If you register by November 30, 2012, you’ll be automatically entered for the chance to win a $100 Grocery Gift Card.
If you’ve already registered, you will be automatically entered for a chance to win.
Registration is important because it makes vital information and benefit updates easily available to you. Italso gives you access to tools and resources that can help you get the high quality of care you deserve.

Registration takes just a minute.
• Go to anthem.com/ca and click on the “Register Now” link on the right side of the page.
Once you register, you can log in to:
• View your personal, secure health account summary, including claims history.
• Find a doctor or hospital and compare cost and quality information.
• Get 24/7 access — with less paper.

Contact me with any questions:

Politi Insurance Agents & Brokers

9560 Topanga Cyn Bvld #201

Chatsworth, CA 91311

www.health-insurancecalifornia.com

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The NEED for Life Insurance

October 5, 2012

Many people don’t feel the need for Life Insurance but everyone should rethink that especially if you have spouse and or children that you would be leaving behind. I have put together a list, not in any specific order of reasons every person needs some kind of life insurance coverage no matter their current life […]

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Life Insurance ~ How Much Do I Need?

October 4, 2012

Everyone is different and the need is different so its hard to state how much Life Insurance Coverage is right for everyone. What I like to tell my clients is to think about the future, look at expenses and what is to come for you and your family. Make a rough estimate taking all the […]

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Additional Women’s Preventive Care

August 4, 2011

On August 1, 2011, Major changes have been made for Woman regarding their preventive services for the better. Beginning on or after August 1, 2012, woman will no longer have a co-pay for many services and have many additional benefits including counseling for Preventive Care Services that are now very costly.  Since not every woman can’t afford Health […]

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CIGNA DENTAL INSURANCE

June 7, 2011

Looking for a Individual dental plan? CIGNA of California  now offers Dental Insurance! If you are a current CIGNA member or are looking for a medical plan for you and your family you can now add a dental PPO plan to your coverage for as low as $1.15 a day, depending on your County.  Dental coverage includes a wide range […]

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Small Business Tax Credit

April 25, 2011

Looking for a new Tax Credit?  There is a new Small Business Tax Credit for providing Health Insurance to your employees. You may not realize the tax credits that you can claim on your federal income tax filing due to the Patient Protection and Affordable Care Act. If you provide Health Insurance to your employees […]

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Health Care Reform Timeline

November 11, 2010

Most people are very confused and over whelmed by Health Care Reform, wondering what changes are happening and when. Below is a timeline on the changes from now through 2018. I thought it would be easier to just take you year by year, starting with the present and what has changed so far. Each change […]

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Premium Increases for some California Insurers

August 26, 2010

On August 25th Anthem Blue Cross was approved for a proposal they submitted for a Rate Increase for the state of California. The average of the rate increase is to be 14% to individual policy holders. Blue Cross is the state of California’s largest insurer. Effective October 1, 2010, some increases will be as much […]

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Health Care Reform Changes

August 12, 2010

Health Care Reform Bill has made changes being made, Dependent Coverage Extended until age 26: Starting January 1, 2011 the provision must go into effect for individual and family plans as well, Allowing any dependent age 26 or younger to be able to be on their parents Health Insurance Plan, no matter Health condition. On […]

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