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Clinical therapeutics · Jul 1992
Comparative StudyThe pricing of pharmaceuticals: an international comparison.
- M Dickson.
- College of Pharmacy, University of South Carolina, Columbia.
- Clin Ther. 1992 Jul 1;14(4):604-10; discussion 603.
AbstractFour types of pricing policies and regulations are recognized: product price control, as practiced in France, Italy, Portugal, and Spain; reference pricing, as in Germany and the Netherlands; profit control, as in the United Kingdom; and no control, as in the United States. The system in Canada is a hybrid of product price control and reference pricing; a producer may set any price for a new product as long as it is within guidelines established by a federal government review board. The implications of each system are discussed. Various prescription reimbursement policies are used to control consumer and government expenditures for drugs. Expenditure is a function of many factors, including price, consumption patterns, reimbursement policies, and social, economic, and political values.
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