When given a doctor’s prescription, most people weigh their considerations between brand-name or generic drugs. It is proven that generic drugs are much cheaper than branded ones. But, aside from the price range, is there a difference between the two? This article will lay down comparisons and facts to help you decide when purchasing a drug prescription. Brand Name Drugs
Brand-name drugs are considered the original, and most research can attest to this. Branded drugs are always the first of their kind. Some medical centers supported this, saying pharmaceutical companies have gone through research, development, and clinical trials to produce branded drugs. These steps ensure safety and efficacy. The extensive process behind the production of branded drugs explains why they are more expensive than generic ones. Aside from being the pioneer, the pros of brand-name drugs also include “absorption rate and recognition.” Fun fact: other companies can only file for a generic version of the drugs when the original patent expires. Generic Drugs People’s impressions of generic drugs are mostly about being less effective or fake. However, contrary to this belief, generic drugs are produced to work the same way as their counterparts. They are carbon copies of the original; same quality, dosage, use, effects, and administration. Many medication drugs are already available in the market, like paracetamol, metformin, amphetamine salt combo, and many more. Almost all generic drugs are also FDA approved. The only reason why it’s cheaper is that producers don’t have to pay for development, trials, and research. And, a lower price is a consumer’s advantage, right? Which One’s Better? None. Brand-name and generic drugs are equally effective. The verdict will just boil down to your preference, availability, and budget. Some generic drugs taste funny and get easily soggy. Thus, some people prefer branded. However, generic drugs’ lower price can also be a determining factor for some. It’s just really based on personal choice. And, if you’re still confused, you can ask your physician for advice. Conclusion While there is a difference in branded and generic drugs’ price and appearance, their effectiveness and safety are not questioned. So to answer the question: Is there a difference between brand-name and generic drugs? Yes. But is the difference crucial? Probably not. Nonetheless, no matter what you choose, one thing for sure is that they are both covered by your Medicare Prescription Drugs plan. At Gee Daniel Insurance Agency, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (831) 920-3536. Get your free quote today by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!
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