The FDA rigorously tests and approves all generic medicines in the United States to ensure they meet the same quality and efficacy standards as brand-name drugs. This oversight reassures consumers that they are receiving safe and effective medication, even at lower prices. Generic drugs play a pivotal role in reducing overall healthcare costs. According to the Association for Accessible Medicines, the use of generics saved the U.S. healthcare system nearly $373 billion in 2021 alone. These savings benefit not just consumers, but also employers, insurance companies, and public health programs like Medicare and Medicaid.
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