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As U.S. policymakers consider strategies to control pharmaceutical spending they can learn from France, which has stopped drug spending growth without slowing access to innovative medicines. France determines the comparative therapeutic value of new drugs. Insurance pays more for drugs superior...
Persistent link: https://www.econbiz.de/10012844045
To control costs and improve access, nations can adopt strategies employed in the United Kingdom to control pharmaceutical prices and spending. Current policy evolved from a system created in 1957 that allowed manufacturers to set launch prices, capped manufacturers’ rates of return, and later...
Persistent link: https://www.econbiz.de/10013234733
Adverse drug events cause significant injuries to consumers. Between half and three-quarters of these injuries are uncompensated under tort law because they are not due to negligence or fraud. This article argues that fundamental fairness and sound economics favor holding manufacturers of...
Persistent link: https://www.econbiz.de/10014143450
To control pharmaceutical spending and improve access, the U.S. could adopt strategies similar to those introduced in Germany by the 2011 German Pharmaceutical Market Reorganization Act. In Germany, manufacturers sell new drugs immediately upon receiving marketing approval. During the first...
Persistent link: https://www.econbiz.de/10013309335