From the Winter 2012 For Your Benefit Newsletter file size 1MB
Lipitor®, the best-selling drug in the world, became available as a generic at the end of November. If you are among the 8.7 million Americans who take this cholesterol-lowering drug, you will now save money on your prescription since the copayment for generic Lipitor will, in almost all cases, be less than your copayment for brand Lipitor. And, most current prescriptions for Lipitor will automatically be dispensed with the generic the next time the prescription is refilled.
The generic version of Lipitor is called atorvastatin, the chemical name of Lipitor. Food and Drug Administration (FDA)-approved generic drugs are made with the same active ingredient as their brand name versions, and their dosage, strength, performance and intended use must also match the brand name drug. The generic manufacturing and packaging sites must pass the same quality standards as well. The color, shape and some inactive ingredients in atorvastatin might be different than the brand.
All of the GIC’s health plans are making generic Lipitor (atorvastatin) available at either the Tier 1 or Tier 2 copayment, lower than the Tier 3 copayment most members have been paying for the brand. Coverage for the brand version of Lipitor now will be limited in many cases. Depending upon the health plan, the brand may not be covered at all, except on an exception basis. Prior authorization programs may apply, or members approved for the drug may have to pay the cost difference between the brand and generic drugs, plus the generic copayment. Contact your plan for details
This information provided by the Group Insurance Commission.