Real provider experiences with generic medications reveal that while most generics work just as well as brand-name drugs, caution is needed for certain high-risk medications. Learn what works, what doesn’t, and how to navigate substitution safely.
How Buyers Use Generic Drug Competition to Lower Prescription Prices
Buyers use generic drug competition to pressure manufacturers into lowering prices. With six or more generic versions, prices often drop over 90%. Medicare and other payers now use this dynamic to set benchmarks and negotiate better deals for patients.