Did You Know? Generic drugs work the same as their brand-name counterparts.
Generic drugs are tested and approved by the U.S. Food and Drug Administration (FDA) so we know they are safe and effective, just like the brand name. Most of the time, generic drugs cost less for you and your health plan. The average cost of a 30-day supply of a brand-name drug is $300, while a generic drug is $30.
Not all brand-name drugs have a generic version available on the market, but many do. For example, these commonly used drugs are available as lower-cost generics (see table).
Talk with your doctor and pharmacist about the drugs you are taking. Always ask if there are lower-cost options available—especially generic versions.