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More and more Americans are turning to generic medications to obtain the same beneficial results they would receive from much costlier name-brands. In fact, almost two billion prescriptions a year are filled with generic products. Generic medications are approved for both quality and safety by the federal Food and Drug Administration, which assures that they have the same active ingredients and strength as brand-names. But they cost 30 to 80 percent less.
Many doctors prescribe generics, knowing they are effective. And many insurance companies pay more of the cost of generics, to encourage these worthwhile savings. Today, thousands of generic drugs are available, and all are manufactured and inspected under the same strict quality guidelines as brand-name drugs. You can ask your doctor or pharmacist whether there is a generic version of your prescription. If so, you can reduce your health care costs and still get the same quality of care.
Best Buy Drugs
From Consumer Reports
Shoppers Guide to Prescription Drugs: Generic Drugs
From Consumer Reports
Facts About Generic Drugs
From the U.S. Food & Drug Administration