The Impact of Embracing Generics in Philippine Healthcare
In the Philippines, access to affordable healthcare remains a challenge for many Filipinos. With rising medicine costs and limited resources, the choices we make at community pharmacies can significantly impact our health outcomes and financial stability. Understanding the power of generic medicines is crucial, an it’s time to harness that power.
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The Reality of Healthcare Costs in the Philippines
According to the Philippine Statistics Authority (2020), healthcare expenses account for approximately 4.4% of Filipino household expenditures, a significant burden for many families living below the poverty line. Out-of-pocket payments for medicines constitute about 50% to 70% of total health-related expenses (World Bank, 2019).
This means that millions of Filipinos are forced to choose between essential medicines and their daily needs. The solution? Embrace the use of affordable, safe and effective generic medicines that the government actively promotes.
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Philippine Policies Supporting Generics
The Universal Healthcare Law (RA 11223), enacted in 2019, underscores the importance of affordable medicines to achieve equitable health for all Filipinos. The Law mandates the promotion and preferential use of generic medicines in government and private health facilities.
Moreover, the Department of Health (DOH) launched the “Generics Law” and the “Philippine National Drug Formulary”, which prioritize generics to reduce healthcare costs and expand access (DOH, 2018).
The FDA’s “Generic Drug Label” Program also helps consumers identify and choose approved generics easily.
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The Impact: Real Results, Real Change
- Cost Savings: Filipinos have saved billions of pesos annually by opting for generics. For instance, the Philippine Health Insurance Corporation (PhilHealth) reports that members who use generics for common medicines like hypertension and diabetes save up to 50% on their medications expenses.
- Improved Access: The government’s push for generics has increased availability in rural and underserved areas. The DOHs “Botika ng Barangay” program supplies affordable medicines, including generics, to remote communities.
- Better Health Outcomes: Research shows that when patients adhere to their medication regimens due to affordability, health outcomes improve significantly. Chronic disease management become more sustainable.
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Why You Should Trust and Choose Generics
- FDA Approved: All generics sold in the Philippines undergo strict evaluation for safety and efficacy.
- Bioequivalent: They work just as well as branded medicines.
- Affordable: Reduce out-of-pocket expenses, making treatment accessible and sustainable.
- Support National Health Goals: Your choice can help the government achieve Universal Health Coverage by reducing healthcare inequality.
Your Role: Make Informed Decisions
- Ask Your Pharmacist if a generic version is available and FDA Approved.
- Look for the “Generic Drug” label.
- Consult your healthcare provider before switching medicines.
- Report any adverse reactions promptly
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Empower Your Health and Your Wallet
The true power lies in informed choices. By opting for generic medicines, you are not only protecting your health but also contributing to a healthier, more equitable society. The Philippines is on the path toward universal health coverage, and your decisions today can accelerate this progress.
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Published: DGA, Rph “Impact of Embracing Generics”, Wellbeing Monthly
DOH Philippines (2018) “Philippine National Drug Formulary”
FDA Philippines (2022) “Guidelines for Generic Drugs”
PSA (2020) “Health Expenditure and Access in the Philippines”
World Bank (2019) “Philippine Poverty Report”
Republic Act No. 11223 (2019) “Universal Healthcare Law”
