Considerable potential savings with generic medicines
Wednesday, March 11, 2015 - 09:20
in Health & Medicine
Substituting branded medications with drugs containing the same active ingredients (generics) can save considerable amounts of money. A study has calculated the potential savings from generic medications used in the treatment of common conditions such as hypertension, hyperlipidaemia and diabetes mellitus. The potential annual financial savings for health insurance companies stand at around 18 per cent.