Generic drugs

Generic drugs (0 min 53 s)

Added on May 5, 2014

Description

This morning, when Paul bought his cholesterol pills, he paid $13 less than he usually does. What was it-a miracle? It's just that this morning, Paul asked his pharmacist for the generic version of the drug.

Video: Generic drugs

Generic drugs (0 min 53 s)

Added on May 5, 2014 | Personal

This morning, when Paul bought his cholesterol pills, he paid $13 less than he usually does. What was it—a miracle?

Nope, it was nothing miraculous. It's just that this morning, Paul asked his pharmacist for the generic version of the drug.

And if he keeps doing that, he'll be $156 richer by the end of the year, at no cost to his health.

Generic drugs are just as effective as brand-name drugs. They contain the same active ingredients in the same amounts, and they're subject to the same federal standards for quality and effectiveness. So what's the difference? Not much. Just the shape, the colour... and the price!

A money saving tip
If you're like Paul, and you want to pay less for your medications, ask your pharmacist, "Can I have the generic drug, please?"