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Generic Drugs May Save You Money | Brand vs. Generic Costs | Why Brand Name Drugs are Expensive | Facts About Generics | What CareFirst is Doing to Control Drug Costs

Why are Brand Name Drugs so Expensive?

Drug companies spend billions of dollars targeting consumers through advertising. This means you often spend more money on prescription drugs. Generic drugs can cut your costs.

In 2005 pharmaceutical manufacturers spent more than $3 billion on direct-to-consumer TV, radio and print ads -- that's more than fast food and wireless companies spent in 2005.

Pharmaceutical companies spend twice as much on marketing, advertising and administration as on research and development, according to a study by the consumer health organization Families USA.

Talk to your doctor about switching to cost effective generic drugs.

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