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I read an article about this in Cosmopolitan magazine (can still find this article on their site if you search for it). This is what they said about it.....
"Generic birth-control pills are not necessarily as good as name brands
Generic birth-control pills seem like an appealing option because they're less costly than their brand-name counterparts (as much as 60 percent less), but some experts say there isn't solid proof that they're as effective. "The FDA tests required for generics are far less rigorous than those required for the makers of brand-name drugs," explains Mitchell D. Creinin, M.D., director of family planning and family planning research at Magee-Womens Research Institute in Pittsburgh.
The FDA allows generic drugs to have a 20 percent plus or minus difference in blood-concentration levels when compared to the brand-name drug, according to the Association of Reproductive Health Professionals, meaning that the generic pills may be significantly less potent and still be approved for sale. So does this mean a higher risk of unplanned pregnancy for people who take generics? No one knows for sure. "When it comes to contraception, we shouldn't be guessing," says Dr. Harwood. "I have nothing against generics, but we're not talking about a headache, in which case if you take a pill and your headache doesn't go away, you can take another one. With the Pill, the only way to know it didn't work is if you get pregnant."
There's no question that having an unintended pregnancy is more expensive than paying a slightly higher cost for a brand-name contraceptive. But if you just can't part with the extra cash and choose to use generics, be extra vigilant about taking your Pill on time and consistently."
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