Tag: prescription drug costs

How Generic Medications Saved the U.S. Healthcare System Over $3.4 Trillion in a Decade

How Generic Medications Saved the U.S. Healthcare System Over $3.4 Trillion in a Decade

Generic and biosimilar drugs saved the U.S. healthcare system $467 billion in 2024 and $3.4 trillion since 2015. These affordable alternatives make up 90% of prescriptions but only 12% of drug spending, cutting costs for patients, insurers, and government programs.

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Medicaid Coverage for Prescription Medications: What’s Included in 2025

Medicaid Coverage for Prescription Medications: What’s Included in 2025

Medicaid covers most prescription drugs in 2025, but rules vary by state. Learn what's included, how step therapy and prior authorization work, which drugs are excluded, and how to save on costs with Extra Help.

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