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Cost benefit of generic drugs

14 November, 2005

Usage of generic can save a reasonable amount of money. A new study has found that U.S. consumers could have saved $20 billion in 2004 and even more during this and future years, by using more generic drugs. Patients need to ask if there is a cheaper medication for their therapy as generic drugs can provide equal benefits at a cheaper rate.

Generic drugs used to treat common conditions such as stomach ulcers, inflammation, depression, erectile dysfunction, high blood pressure and high cholesterol are in big demand nowadays. The most dramatic savings potential exists for gastrointestinals, with the generic forms making up 31 percent of such prescriptions nationwide. In the anti-cholesterol category, generics are only dispensed 7 percent of the time.


To read more, visit:
http://www.sltrib.com/healthscience/ci_3216445


 


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