Showing 1 - 10 of 23
equilibrium price effects of coupons, we employ individual-level data to estimate a discrete choice model of demand for multiple … sclerosis drugs. We use our demand estimates to parameterize a model of drug price negotiations. For this category of drugs, we …
Persistent link: https://www.econbiz.de/10012938704
There is wide dispersion in pharmaceutical prices across countries with comparable quality standards. Under monopoly, off-patent and generic drug prices are at least four times higher in the United States than in comparable English-speaking high income countries. With five or more competitors,...
Persistent link: https://www.econbiz.de/10012629426
agencies and private organizations all conducting investigations into the pricing patterns for generic drugs. Price spikes for … selected old, off-patent drugs have also been widely reported in the media. To place these generic price increases into context …, we construct two chained Laspeyres consumer price indexes (CPIs), using the 2007-2016 IBM MarketScan Commercial Claims …
Persistent link: https://www.econbiz.de/10012480066
of broadcast and non-broadcast DTCA on price and demand, utilizing an extended time series of monthly records for all … models suggest that broadcast DTCA positively impacts own-sales and price, with an estimated elasticity of 0.10 and 0 ….04 respectively. Relative to broadcast DTCA, non-broadcast DTCA has a smaller impact on sales (elasticity of 0.05) and price …
Persistent link: https://www.econbiz.de/10012462683
Generic utilization rates have risen substantially since the enactment of The Drug Price Competition and Patent Term …
Persistent link: https://www.econbiz.de/10012462928
This paper examines the relationship between drug price and drug quality and how it varies across two of the most … standards and price control mechanisms (MES+PC). Through a simple model of adverse selection we model the interaction between … greater incentives to produce high quality drugs. Second, an MES+PC mix reduces the difference in price between the highest …
Persistent link: https://www.econbiz.de/10012464081
region. This paper evaluates the effect of this program on the price and utilization of pharmaceutical treatments … potentially negotiate price discounts through their ability to influence the market share of specific treatments. Using data on … the average price and increased the total utilization of prescription drugs by Medicare recipients. Our results further …
Persistent link: https://www.econbiz.de/10012464730
The introduction of Medicare Part D has generated interest in the cost of providing drug coverage to the elderly. Of paramount importance -- often unaccounted for in budget estimates -- are the salutary effects that increased prescription drug use might have on other Medicare spending. This...
Persistent link: https://www.econbiz.de/10012465291
The controversy over whether and how much to charge for health products in the developing world rests, in part, on whether higher prices can increase use, either by targeting distribution to high-use households (a screening effect), or by stimulating use psychologically through a sunk-cost...
Persistent link: https://www.econbiz.de/10012465405
People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous out-of-pocket medical expense risk. We construct a rich structural model of saving behavior...
Persistent link: https://www.econbiz.de/10012466109