We think generic drugs always contribute to lower spending, but research in the Annals of Internal Medicine finds that generic drugs with a monopoly or in a duopoly have very large price increases, while those in more competitive markets see price declines.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at [email protected].