Tag: drug costs
Why Generic Drugs Cost 80-85% Less Than Brand-Name Drugs
Generic drugs cost 80-85% less than brand-name drugs because they don’t repeat expensive clinical trials. They’re chemically identical, FDA-approved, and backed by decades of data. Savings are real, and effectiveness is proven.
Medicare Part D Economics: How Programs Use Generics to Cut Costs
Medicare Part D saves billions by pushing generic drugs through tiered formularies. Learn how generics cut costs, how to find the best plan, and why some beneficiaries still pay too much-even when cheaper options exist.
How Generics Shape Global Healthcare Spending and Economic Stability
Generics keep global healthcare affordable, making up 90% of prescriptions in high-income countries. Without them, drug costs would skyrocket, leaving billions without access. This is how generics stabilize an inflationary health system.
