B Medicare Aware
B Medicare Aware
Stephen Beck
Brand-name versus Generic Drugs
13 minutes Posted Nov 6, 2020 at 9:37 am.
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13:07
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Show notes

Choosing to switch your brand name medication to a generic is not an easy decision for some Medicare beneficiaries. For others, they anxiously await the next generic release. Many generics are substantially less expensive than their brand name equivalents. Why is that? Are generics inferior? While shopping for a Medicare Part D prescription drug plan during the Annual Enrollment Period, you may find plans that do not include your brand name drug in their formulary, but generic equivalents are available. This episode will help you understand why and if you should consider changing to a generic.

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