Study: Americans choosing generics over brand-name drugs

09/25/2013 | Star-Ledger (Newark, N.J.), The

Spending on generic medications among Americans was up 8% last year, accompanied by a drop of 20.7% for brand-name prescription drugs, according to a study by the Health Care Cost Institute and reported by USA Today. In May, a different study by the IMS Institute for Healthcare Informatics found that overall spending on medications by Americans fell to $325.8 billion last year from $329.2 billion in 2011.

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Star-Ledger (Newark, N.J.), The

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