Pharmaceutical Pricing Policies in a Global Market

image of Pharmaceutical Pricing Policies in a Global Market

Pharmaceutical policy making raises particular challenges in reconciling key objectives for health policy, such as ensuring affordable access to the latest effective drugs, with other important policy considerations, such as providing support to a valuable national industry. Unusually among health policy issues, it also raises international considerations that further complicate decision making, particularly as the nature and extent of such considerations are not well understood.

This report assesses how pharmaceutical pricing and reimbursement policies have contributed to the achievement of certain health policy objectives. It examines the national and transnational effects of these policies, in particular, their implications for the availability of medicines in other countries, the prices of these medicines, and innovation in the pharmaceutical sector.

This publication presents an analysis of comparative price levels, making use of a unique dataset to construct the most comprehensive pan-OECD pharmaceutical price index to date. It also draws upon original case studies of pharmaceutical pricing and reimbursement policies in six OECD countries to provide specific examples of the impacts of policies on health system performance.

English Also available in: French, Turkish

Key Characteristics of the Pharmaceutical Sector in OECD Economies

This chapter serves to provide context for the analysis of pharmaceutical pricing policy presented in later chapters of this report. It provides an overview of the pharmaceutical sector in OECD countries, identifying key cross-country differences and similarities. The chapter begins by describing pharmaceutical expenditure levels and cross-country differences in the value of consumption and in retail prices paid. It then assesses the role of the pharmaceutical industry in OECD economies, in terms of the levels of production, R&D and trade.

English Also available in: French

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error