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The public financing of pharmaceuticals : an economic approach.
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ISBN: 1845420888 Year: 2005 Publisher: Cheltenham Elgar

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Abstract

PART I: Incentives for innovation in the pharmaceutical market - Price regulations systems in the pharmaceutical market - Regulation and competition in pharmaceutical markets - Mechanisms to encourage price competition in the pharmaceutical market and their effects on efficiency and welfare - PART II: Reference pricing as a pharmaceutical reimbursement mechanism - Insurance in public financing of pharmaceuticals - Economic evaluation and pharmaceutical policy - Prescriber incentives - PART III: Economic considerations regarding pharmaceutical expenditure in Spain and its financing - Review of economic studies of the pharmaceutical industry published over the last 20 years by Spanisch economists

Keywords

Industrial economics --- Public expenditure --- Analysis of pharmaceuticals --- Toxicology --- Pharmaceutical industry --- Drugs --- Government policy --- Finance. --- Research --- Drug Industry --- Financing, Government. --- AA / International- internationaal --- 338.754.12 --- 336.024 --- 368.40 --- financiën, overheid --- geneesmiddelen --- pharmacie --- prijsbeleid --- prijsvorming --- sociale zekerheid --- Government Financing --- Federal Aid --- Financing, Public --- Grants and Subsidies, Government --- Hill-Burton Act --- Subsidies, Government --- Act, Hill-Burton --- Aid, Federal --- Aids, Federal --- Federal Aids --- Government Subsidies --- Government Subsidy --- Hill Burton Act --- Public Financing --- Subsidy, Government --- economics --- Farmaceutische producten en parfumerie. --- Sociale begroting, rekeningen en uitgaven. Gezondheid. --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- Financing, Government --- Drug industry --- Drug trade --- Medicine industry --- Medicines industry --- Prescription medicine industry --- Chemical industry --- Medicaments --- Medications --- Medicine (Drugs) --- Medicines (Drugs) --- Pharmaceuticals --- Prescription drugs --- Bioactive compounds --- Medical supplies --- Pharmacopoeias --- Chemotherapy --- Materia medica --- Pharmacology --- Pharmacy --- Research&delete& --- Finance --- Sociale begroting, rekeningen en uitgaven. Gezondheid --- Farmaceutische producten en parfumerie --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden

The public financing of pharmaceuticals : an economic approach
Author:
ISBN: 9781845420888 Year: 2005 Publisher: Cheltenham, UK ; Northampton, MA Edward Elgar

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Abstract

This book provides a complete approach to the economics of financing medicines and policy implications for the efficiency and equity of health systems. In all health systems with majority public financing, pharmaceutical reimbursement is one of the key factors in policies of change and transformation of health services in order to face the future with guarantees of financial sustainability.The initial chapters seek to answer questions about the efficiency with which the public sector intervenes in the pharmaceutical industry: Is the present system of drug patents efficient and fair? What would be the best way to control drug prices? Is it possible to encourage competition in this market for the patients’ benefit? The remainder of the book provides evidence on the impact of instruments and policies aimed at rationalising and controlling pharmaceutical expenditure: What can we expect from the application of reference pricing systems? When, how and where should the user be made to share the cost of medicines? What economic and non-economic incentives should be applied to drug prescription?Jaume Puig-Junoy has performed an invaluable task in creating a cohesive, and analytically rigorous book of specially commissioned chapters on this pertinent topic.The Public Financing of Pharmaceuticals will appeal to academics and researchers involved in public finance, health policy, health economics, industrial organisation and the pharmaceutical markets in Europe and in the US, where there is increasing public interest in drug coverage. The book is also intended for a wide variety of professionals in the health industries, and policymakers.

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