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Price indices of dr...
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Gerdtham, Ulf-GöranCentre for Health Economics
(författare)
Price indices of drugs and the switching to new drugs two empirical examples
- Artikel/kapitelEngelska1998
Förlag, utgivningsår, omfång ...
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Springer Science and Business Media LLC,1998
Nummerbeteckningar
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LIBRIS-ID:oai:hhs.se:1156392440006056
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https://research.hhs.se/esploro/outputs/journalArticle/Price-indices-of-drugs-and-the/991001489799606056URI
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https://doi.org/10.2165/00019053-199813010-00007DOI
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Språk:engelska
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Sammanfattning på:engelska
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Ämneskategori:art swepub-publicationtype
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Standard price indices may not account for the price decrease that results when patients switch to pharmaceutical products for which their demand-reservation price exceeds the price of the new product. In a similar way, standard price indices may not account for the price increase that results when patients switch to pharmaceuticals for which the reservation price is below the price of the new drug. This study was designed to assess whether standard pharmaceutical price indices under- or overestimate the real price development resulting from new drug introductions. We illustrate that both situations may occur. In our first example, the switch from a branded to a generic drug, we showed that standard price indices recorded a price increase of about 16%, although the price actually decreased by about 5%. In our second example, the introduction of new formulation of a currently marketed drug, we showed that standard price indices recorded a price increase of about 6%, when the actual price increased by more than 65%.
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Johannesson, MagnusStockholm School of Economics,Handelshögskolan i Stockholm(Swepub:hhs)198@hhs.se
(författare)
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Gunnarsson, BoApoteket
(författare)
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Marcusson, MargaretaApoteket
(författare)
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Henriksson, FreddieCentre for Health Economics
(författare)
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Handelshögskolan i StockholmCentre for Health Economics
(creator_code:org_t)
Sammanhörande titlar
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Ingår i:PharmacoEconomics: Springer Science and Business Media LLC13:1, s. 71-801179-20271170-7690
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