[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/consumerinsuranceguide.com\/health\/study-says-generic-drugs-reduce-prescription-costs\/#BlogPosting","mainEntityOfPage":"https:\/\/consumerinsuranceguide.com\/health\/study-says-generic-drugs-reduce-prescription-costs\/","headline":"Study says generic drugs reduce prescription costs","name":"Study says generic drugs reduce prescription costs","description":"The American healthcare system saved more than $1 trillion over the past 10 years from buying generic prescription drugs, according to a study released by the Generic Pharmaceutical Association. The study put the current savings at\u00a0$1 billion every other day \u2014 totaling $193 billion in 2011. It was\u00a0conducted by the IMS Institute for Healthcare Informatics, a division of IMS Health. \u201cThe remarkable findings demonstrated in this report are a testament not only to the generic...","datePublished":"2012-08-06","dateModified":"2012-08-20","author":{"@type":"Person","@id":"https:\/\/consumerinsuranceguide.com\/author\/cigstaff\/#Person","name":"Consumer Insurance Guide Staff","url":"https:\/\/consumerinsuranceguide.com\/author\/cigstaff\/","identifier":10,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/e539df6fdc5aef72b4a0d68627b0bab3047a379c7445b41494fb245424359e5c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e539df6fdc5aef72b4a0d68627b0bab3047a379c7445b41494fb245424359e5c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Consumer Insurance Guide","logo":{"@type":"ImageObject","@id":"https:\/\/consumerinsuranceguide.com\/wp-content\/uploads\/2017\/03\/consumer-insurance-guide-logo.png","url":"https:\/\/consumerinsuranceguide.com\/wp-content\/uploads\/2017\/03\/consumer-insurance-guide-logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/consumerinsuranceguide.com\/wp-content\/uploads\/2012\/08\/drug-costs2.jpg","url":"https:\/\/consumerinsuranceguide.com\/wp-content\/uploads\/2012\/08\/drug-costs2.jpg","height":282,"width":425},"url":"https:\/\/consumerinsuranceguide.com\/health\/study-says-generic-drugs-reduce-prescription-costs\/","about":["Health"],"wordCount":287,"keywords":["prescription drug costs"]},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Health","item":"https:\/\/consumerinsuranceguide.com\/health\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Study says generic drugs reduce prescription costs","item":"https:\/\/consumerinsuranceguide.com\/health\/study-says-generic-drugs-reduce-prescription-costs\/#breadcrumbitem"}]}]