Explore why governments favor competition over price controls for generic drugs. Learn how the Hatch-Waxman Act, FDA regulations, and antitrust enforcement keep costs low without direct intervention.
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US generic drug prices are 80-85% cheaper than brand names, but government regulation is complex. This article explains Medicaid rebates, Medicare Part D rules, and recent laws like the Inflation Reduction Act, with real patient examples and actionable tips.
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