Getting to the root of high prescription drug prices: drivers and potential solutions

Getting to the root of high prescription drug prices: drivers and potential solutions

Author(s):
Waxman, Henry, author
Corr, Bill, author
Martin, Kristi, author
Duong, Sophia, author
Contributor(s):
Commonwealth Fund, issuing body.
Publication:
[New York, N.Y.] : Commonwealth Fund, July 2017
Language(s):
English
Format:
Text
Subject(s):
Cost Control
Drug Costs
Health Policy
Prescription Drugs -- economics
United States
Genre(s):
Technical Report
Abstract:
ISSUE. Historic increases in prescription drug prices and spending are contributing to unsustainable health care costs in the United States. There is widespread public support for elected officials to address the problem. GOAL. To document the drivers of high U.S. prescription drug prices and offer a broad range of feasible policy actions. METHODS. Interviews with experts and organizations engaged with prescription drug development and utilization, pricing, regulation, and clinical practice. Review of policy documents, proposals, and position statements from a variety of stakeholders. FINDINGS AND CONCLUSIONS. Congress and regulators can undertake a wide range of policy actions to begin to rebalance incentives for innovation and price competition, prioritize patient access and affordability, and maximize the availability of information to patients, providers, and payers.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
1 online resource (1 PDF file (42 pages))
Illustrations:
Illustrations
NLM Unique ID:
101712410 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101712410