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International Operating Engineer - Winter 2018

The quarterly magazine of the International Union of Operating Engineers.

The quarterly magazine of the International Union of Operating Engineers.

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Healthcare<br />

Generics Prove a Safe and More Affordable Alternative<br />

Anti-union politicians<br />

want to cut your pay.<br />

AS HEALTHCARE COSTS are<br />

continuing to rise, generic drugs offer<br />

a path to help save families money.<br />

Did you know that choosing generic<br />

drugs can save you and your <strong>Operating</strong><br />

<strong>Engineer</strong> health & welfare funds 80-<br />

85% in costs compared to a brand<br />

name drugs?<br />

What is a generic drug? A generic<br />

drug is a lower-cost version of a brandname.<br />

A brand-name drug and its<br />

generic version must have the same<br />

active ingredient, dosage, safety,<br />

strength, usage directions, quality,<br />

performance and intended use. It’s<br />

important to know that according<br />

to the Food & Drug Administration,<br />

generic drugs must meet the same<br />

high standards as a brand-name to be<br />

approved and can be trusted to have<br />

the same level of quality.<br />

Generic drug maker’s costs are less<br />

since the product has already been<br />

researched, tested and developed by<br />

the brand name company. Brandname<br />

drugs have higher initial costs to<br />

develop, market, and sell. It’s estimated<br />

to cost $2.6 billion to develop and win<br />

marketing approval for a new brand<br />

name drug.<br />

What is the difference? The only<br />

part that can differ in generic drugs is<br />

the inactive ingredients, although, they<br />

must be considered safe by the FDA.<br />

For example, inactive ingredients can<br />

be dyes, binding materials, flavoring<br />

or preservatives (making the pill look<br />

different).<br />

Generic drugs may also have a<br />

different expiration date than brandname<br />

drugs. But even so, the generic<br />

must keep its effectiveness until its<br />

expiration date, just like a brand-name<br />

product.<br />

The makers of generic drugs can<br />

pass the savings along in the form of<br />

lower prices to you and your health<br />

& welfare fund. In summary, when<br />

choosing your prescriptions, ask<br />

your physician or pharmacist about a<br />

generic prescription and if it’s right for<br />

you!<br />

Who’s taking your pills?<br />

1 in 4 American teens has misused or<br />

abused prescription drugs. Most get<br />

them from the family medicine cabinet.<br />

Help stop prescription drug abuse. Drop<br />

off your expired, unused or unwanted<br />

medications for safe disposal.<br />

Crony capitalists<br />

and their friends<br />

in Washington<br />

keep attacking<br />

the prevailing<br />

wage laws that<br />

protect <strong>Operating</strong><br />

<strong>Engineer</strong>s. We<br />

can’t afford to<br />

let them win.<br />

Taxpayer money should<br />

support skilled workers,<br />

not greedy contractors.<br />

The Davis-Bacon Act requires that<br />

workers on government funded<br />

projects be paid equal to local<br />

prevailing wages for similar work so<br />

tax dollars aren’t used to undercut<br />

workers’ pay.<br />

Repealing Davis-Bacon<br />

means more workplace<br />

injuries and fatalities.<br />

Untrained, low-paid workers mean<br />

unsafe working conditions, which<br />

lead to more injuries and fatalities.<br />

epi.org/publication/bp215<br />

The federal government<br />

sets prevailing wage<br />

rates, not unions.<br />

The prevailing wage rate is<br />

determined by a survey of all local<br />

construction wages conducted by the<br />

US Department of Labor.<br />

Prevailing wage does<br />

not raise the cost of<br />

construction.<br />

Workers paid a decent wage are more<br />

productive. Studies show that cuts in<br />

wages can actually raise the cost of<br />

construction projects.<br />

faircontracting.org/wp-content/uploads/2012/08/Wage<br />

differential-method-critique-Duncan-2016-1.pdf<br />

OE17-010<br />

Find a Drop Box Location Near You<br />

https://www.cvs.com/content/safercommunities-locate<br />

‡2015 Partnership Attitude Tracking Survey by<br />

The Partnership for Drug-Free Kids<br />

Tell your Members of Congress to oppose any efforts to<br />

weaken the Davis-Bacon Act. Call today: (202) 224-3121<br />

12 INTERNATIONAL OPERATING ENGINEER<br />

WINTER <strong>2018</strong> 13

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