Newfangled doesn’t necessarily mean that much better, especially when it comes to taking medicine. Getting prescribed the latest and greatest pill could mean you’re paying more when there’s a perfectly good drug out there that can do the same job, minus the jacked-up new drug patent cost. Vanguard says:
Several recent studies have shown convincingly that older, less expensive drugs work just as well as newer, far more expensive ones. According to a recent report in the Journal of the American Medical Association, a decades-old, inexpensive diuretic does as good a job preventing fatal and non-fatal heart attacks as some newer high blood pressure medications.
Similarly, older medications for illnesses ranging from arthritis to schizophrenia have proven to be as effective as newer, higher-priced drugs.
So, whether you’re already taking a medicine or getting prescribed a new medication, ask your doctor if there are any established, but not as pricey, versions of the drug that you could be taking instead.