As earlier studies projected financial impact on the cost of branded drugs are based.

A study in the July issue of Health Affairs published concluded that health care is far less expensive than the previous estimates of the industry, as earlier studies projected financial impact on the cost of branded drugs are based. Today, the cost to consumers and the health care system are much lower, because generics are broad for most chronic diseases are available, the researchers said.

‘. No matter who holds the financial risk – the patient, employer or government health programs plan. With generic medications must be an important part of the management of treatment for chronically ill patients to be This is a practical solution that we need to work on as we focus ‘in order to operate the health system in a cost effective manner, said Troyen A. Brennan, executive vice present and chief medical officer of CVS Caremark, a study author.

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