One of the most efficient ways to cut healthcare costs without sacrificing quality is to choose generic prescription drugs over theirbrand-name counterparts. In fact, the former can be as much as 80 percent cheaper than the latter, according to the Generic Pharmaceutical Association. This ultimately adds up to lower bills and long-term costs for both patients and their employers. Generic drugs saved more than $1.46 billion over the previous decade, according to a leading healthcare analytics firm.
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