Wellness seeker brand vs generic drugs
Is generic equivalent?
We all have favorite brand items we’re willing to pay more for because we believe they are better than the off-brand options. Maybe there is a slight variation in our preferences for ketchup, cream cheese or tissues. When it comes to medications, the quality, safety and strength of generics are equivalent to brand.
See below for more information on how brand and generic drugs are the same and differ.
Generic:
- Nearly 8 out of 10 prescriptions filled in the U.S. are for generic drugs
- Equivalent amounts of the same active ingredient(s) as brand name counterpart
- Must look different from brand name counterpart due to trademark laws
- Works in the same amount of time as brand name counterpart
Brand name:
- 80-85% more costly
- Pays for up front research costs, that created the drug from scratch
- Patent protected for several years before the generic equivalent is allowed
- Every brand name drug does not have a generic equivalent
Genesis HealthCare System’s Health and Wellness content conveniently provides accurate and helpful information. Your health history and current health may impact suggestions provided through our Health and Wellness content. Although we hope this information is helpful, it is not a substitute for your doctor's medical advice. Before making any significant changes, please consult your doctor.
