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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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As with all things, if the price seems too good to be true, it probably is. I think price perception is very true. That is part of the problem I sometimes have trying to explain generic medication to patients. Some people think it must not work as well since it is so much cheaper. How can the brand name be $100 and the generic be $4 if they are the same thing? Of course, that can work the other way, too. I recently learned that the brokerage we have an account with charges a minimum of $70 for a stock trade, and it can be as much as $200. Of course, they are doing the exact same thing that online brokers do for under $10. So why would anyone use the high-priced broker?
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going. |
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Walmart refunded my money for the sun tea jar. I pointed out the crack. No other questions asked. I will now be looking for another one of better quality.
Steve, when you are explaining the generic vs brand on prescriptions explain the cost of advertising, original research and development that the original developer had to incur to get the drug to market in the first place? I'd take a generic any day of the week to avoid paying the higher cost, but I completely understand the costs involved in the original drug costs. |
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Good for you for getting your money back.
And yes, I do explain all that stuff to patients. I also have a printed handout explaining generics that I give people who question the issue. Some people just can't be convinced though. They are positive that the generics are cheap because they are inferior in some way.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going. |
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Interesting idea. Although I would worry about getting cut or hurt in the process. Thanks for contributing.
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