Consumers Saved $230 Billion on Generic Drugs Last Year

Consumers Saved $230 Billion on Generic Drugs Last Year

Generic drugs made up 88 percent of prescriptions filled, and account for 28 percent of total drug spending, according to a recent report from the Generic Pharmaceutical Association.

Generic brand drugs have saved consumers about $230 billion in prescription spending, according to the report. Generic costs are declining overall, even as more are sold, according to the USA Today.

Dr. Steven Lipsky

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