View Single Post
      03-10-2014, 07:24 PM   #119
1MOREMOD
-
1MOREMOD's Avatar
United_States
11134
Rep
23,114
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Quote:
Originally Posted by Z K View Post
I understand that but effectively the drugs have the same effect more or less. The differences in manufacturers and even between batches can be slight different but it is highly regulated. That's why there were runs on certain brands of products and the FDA pull generic approvals for certain drugs. Generic drug pricing is almost like the stock market, there are daily variations in pricing and some even hourly.

The generic drug system is getting better though. "Equivalent" generics are being evaluated more finely as we go along.
Scews up reimbursment rates though as insurance doesn't follow the price that closely or quickly and reimburse based on the chepaest product even if its not available.