TITLE

International Experience With Prescription Drug Policy

PUB. DATE
May 2003
SOURCE
Health Affairs;May/Jun2003, Vol. 22 Issue 3, p15
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
To control spending on prescription drugs, health insurance systems abroad have experimented in recent years with a novel form of patient cost sharing called "reference pricing." Under this approach, the insurer covers only the prices of Iow-cost, benchmark drugs in therapeutic clusters that are deemed to be close substitutes for one another in treating specific illnesses. Patients who desire a higher-price substitute in a cluster must then pay the full difference between the retail price of that drug and the reference price covered by the insurer. This paper explores the difficult trade-offs that policymakers must make in designing such a system, drawing where relevant from experience abroad.
ACCESSION #
9794212

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics