The Role of Generic Medicines in Reducing Health Expenditure

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Generic drugs offer significant economic advantages by reducing treatment costs by up to 90%, leading to substantial out-of-pocket savings. They make chronic care more affordable despite challenges such as doctors' preference for branded medication and pharmacist profit considerations. Government policies, like Jan Aushadhi and PMBJP, aim to enhance generic usage, with compliance targets set for 2027. Generics play a crucial role in treating chronic diseases affordably, easing financial...