RX Drug Classification Explained
Specialty Drugs vs. Generic, Brand Name, and Preferred Brand: What’s the Difference and Why It Matters
When you’re filling a prescription, you may notice that your medication is labeled generic, brand name, preferred brand, or specialty drug.
These classifications can significantly impact your cost, your insurance coverage, and even where you can fill your prescription.
Understanding these terms can help you make informed decisions and potentially save hundreds—or even thousands—of dollars a year.