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How much are generic prescriptions saving Alabama?


Business Journal
21 Oct 2016

Alabama in 2015 saved $4.5 billion in health care costs, thanks to generic drug prescriptions, according to a new study.

The study, compiled by the QuintilesIMS Institute for the Generic Pharmaceutical Association, tracked generic drug savings on a state-by-state basis, in addition to age groups and payor types. Alabama's savings clocked in slightly above the national average of $4.4 billion in savings per state.

Generic drugs make up nearly 90 percent of all U.S. prescriptions, but account for...

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