Tag: Medicare generic drugs
- 21/Jan/2026
- by William Womack
-
generic drug pricing
drug price controls
government generic drugs
generic competition
Medicare generic drugs
How Governments Control Generic Drug Prices Without Direct Price Caps
Governments control generic drug prices not by setting caps, but by encouraging competition. With dozens of manufacturers entering the market after patents expire, prices drop by up to 90%. The FDA, FTC, and Medicare all play roles in keeping generics affordable without direct price controls.
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