Generic drugs aren't just as good as name-brand medication, says the American College of Physicians. They're better.

The lower cost of generics saves patients money and makes it more likely that they'll refill their prescriptions and dutifully take their pills as directed.

"While the use of generic drugs has increased over time, clinicians often prescribe more expensive brand name drugs when equally effective, well proven, and less expensive generic versions are available," ACP President Wayne J. Riley said in a statement. "The use of generic drugs is a high value care way to improve health, avoid harms, and eliminate wasteful practices."

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