BENEFITS OF GENERIC MEDICINES

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Indian law mandates that all prescriptions for generic drugs be issued and that all pharmacies must stock them.

However, private pharmaceutical businesses may profit from your “friendly pharmacy” because of aggressive marketing, fierce rivalry, and client ignorance, all of which are exacerbated by lax enforcement of the regulations.

More than 85% of overall health spending in the country is funded by household out of pocket expenses, with medications accounting for 20% to 60% of total healthcare cost.

Since medical costs are putting a lot of pressure on the average citizen, the federal government has been striving to promote generic pharmaceuticals “aggressively,” which includes establishing pharmacies that sell these drugs and requiring pharmacists to advertise the availability of these drugs.

Generic medications may cost up to 85% less than their brand-name counterparts, making them an excellent option for those on a budget. Patients are more likely to take necessary prescriptions given by their physicians when they may get them at a lower cost via generic pharmaceuticals. To see whether generic versions of the medicine you’re now taking (or a generic version of another medication in the same class) exist, talk to your doctor. Because the manufacturer that supplies your pharmacy may change, the look of generic pharmaceuticals might vary, but this shouldn’t impact the drug’s efficacy or safety. People who go from a brand-name medication to a generic one, or from a generic medication to another generic one, may have additional side effects or new symptoms altogether. The generic medicine may not be responsible for these symptoms, but you should still talk to your doctor about them.