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Right Price, The: A Value-Based Prescription for Drug Costs
- Publication Year:
- 2021
- Edition:
- 1st
- Author:
- Neumann, Peter
- Publisher:
- Oxford University Press
- ISBN:
- 978-0-19-751288-3
- Doody Core Title Score:
-
- ()
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Description
Sheds light on the controversial topic of drug pricing by providing an accessible guide to pharmaceutical markets and analytic techniques used to measure the value of drug therapies.
The US prescription drug business is a $500 billion industry whose rising prices carry profound consequences for patients, caregivers, employers and taxpayers across the nation. In the United States, average prices of leading brand-name drugs are two to four times higher than prices charged in other wealthy countries, raising questions as to what Americans are getting for the extra expense. On the other hand, healthy industry returns have arguably fueled life-saving innovation. With the advent of ever more targeted and powerful treatments, including cell- and gene-based therapies with multi-million-dollar price tags, the need for sensible drug pricing policies will only intensify.
The Right Price illustrates the need for value-based pricing through real-life stories of patients and their experiences with the drug industry and explains why simple solutions like price controls and the importation of cheaper drugs from other countries are problematic. This volume descri
The US prescription drug business is a $500 billion industry whose rising prices carry profound consequences for patients, caregivers, employers and taxpayers across the nation. In the United States, average prices of leading brand-name drugs are two to four times higher than prices charged in other wealthy countries, raising questions as to what Americans are getting for the extra expense. On the other hand, healthy industry returns have arguably fueled life-saving innovation. With the advent of ever more targeted and powerful treatments, including cell- and gene-based therapies with multi-million-dollar price tags, the need for sensible drug pricing policies will only intensify.
The Right Price illustrates the need for value-based pricing through real-life stories of patients and their experiences with the drug industry and explains why simple solutions like price controls and the importation of cheaper drugs from other countries are problematic. This volume descri
Details
- Platform:
- OvidSP
- Publisher:
- Oxford University Press
- Product Type:
- Book
- Author:
- Neumann, Peter
- ISBN:
- 978-0-19-751288-3
- Specialty:
-
- Health Policy
- Pharmacology
- Language:
- English
- Edition:
- 1st
- Pages:
- 274
- Publication Year:
- 2021
- Doody Core Title Score:
-
- ()