Generic medicines are a vital part of the global healthcare system. They account for more than 80% of all prescriptions filled in the United States and more than 90% of all prescriptions filled in Europe. Generic medicines offer patients significant savings over brand-name products and play an important role in controlling healthcare costs.
The generic drug industry has come under fire recently, with some people arguing that generic drugs are not as safe or effective as brand-name products. This is simply not true. Generic drugs must meet the same rigorous safety and efficacy standards as brand-name products, and they are subject to the same strict regulatory oversight by government agencies such as the FDA.
In many cases, generic versions of popular medications are available months or even years before the branded product becomes available. This means that patients can save money on their prescription medications while still receiving high quality care.
Generic Pharmacy offers striking savings on generic drugs. Generic drugs are medications that have the same active ingredients as brand-name drugs but cost less because they aren’t protected by patents. By law, pharmacies must provide a 30-day supply of any covered drug for $10 or less, and many pharmacies are offering even deeper discounts on generic medications.
Generic drugs can save you money, especially if you take multiple medications. For example, the average monthly cost of a prescription for a brand-name drug is $471, while the average monthly cost of a prescription for a generic drug is only $105. That’s more than $360 in savings each year!
- There are several ways to get the best deal on your prescriptions:
- Ask your doctor if there is a lower-cost alternative to any of your current prescriptions
- Compare prices at local pharmacies;
- Use online tools like 24HealthGoods to find discounts on both brand-name and generic medications
