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Why are generic drugs less expensive than brand name drugs?
According to the Pharmaceutical Research and Manufacturers of America, it takes more than seven years to bring a new drug to market and costs more than $800 million. Since generic drug companies do not have to develop a medication from scratch, it costs significantly less to bring the
Why are generic drugs less expensive than brand name drugs?...

Ignore drug advertising!
Pharmaceutical companies spend millions of dollars each year to advertise their new medications in magazines and on television. This direct-to-consumer advertising has helped increase sales of expensive medications as many people see the ads and ask their doctor for the medication. Often, older and less expensive medications are
Ignore drug advertising!...

Why are some healthcare providers reluctant to recommend or prescribe generic medications?
Despite the fact that the active ingredient in a generic medication is the same as in the brand name counterpart, small differences could effect how the generic medication works in your body. This may be due to how the generic medication is produced or the type and amount
Why are some healthcare providers reluctant to recommend or prescribe generic medications?...

I Have a Health Plan with Drug Coverage. Can I Still Save on Generic Drugs?
Yes. Most health plans with drug coverage pay for medications based on a drug formulary. A drug formulary is a list of preferred prescription drugs, both generic and brand name. Each time you have a prescription filled you are responsible for copay, which is your share of the
I Have a Health Plan with Drug Coverage. Can I Still Save on Generic Drugs?...

Why are generic drugs less expensive than brand name drugs?
According to the Pharmaceutical Research and Manufacturers of America, it takes more than seven years to bring a new drug to market and costs more than $800 million. Since generic drug companies do not have to develop a medication from scratch, it costs significantly less to bring the
Why are generic drugs less expensive than brand name drugs?...

Be wary of drug samples from your doctor!
Drug companies provide doctors with samples of medications that they are trying to promote. Typically, these are new medications that do not have generic versions and are expensive. Moreover, the sample usually comes along with your doctor’s prescription for the medication. You may be getting a free week
Be wary of drug samples from your doctor!...