Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

The standard advice for consumers is: if you are prescribed a medicine, always ask if there is a cheaper generic.

1. According to the article, why are consumers told the opposite on some drugs – take name brand drugs and pay a higher co-pay?
2. What does Dr. Diller mean by “It’s Alice-in-Wonderland time in the drug world”?
3. What is the role of the Shire Company in this story?

Ornstein, C. and K. Thomas. (2017). Take the Generic, Patients Are Told. Until They Are Not. The New York Times, Aug. 6 (Retrievable online at