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Generic Drugs — Balancing Cost and Quality

Every year, generic drugs save consumers billions of dollars. By choosing a generic medication, you:

  • Often save on your prescription copayment
  • Get the same quality and effectiveness as that of a brand-name drug
  • Help keep medical care more affordable for everyone.

Consumers are looking for ways to reduce health care costs. Selecting generic drugs is one of the most effective ways to save money.

What are generic drugs?

Generic drugs are cost-effective alternatives that offer the same level of safety and quality as their brand-name equivalents. Generic drugs have the same active ingredients, but they cost significantly less.

The Food and Drug Administration (FDA) regulates generic drug manufacturers just as it regulates the makers of brand-name medications.