Pricing and Reimbursement Flashcards
Pricing of Medicinal Products, how it is regulated?
Pricing and Reimbursement is a national topic
Differences between conuntries
What the main differencex between US and EU with pricing?
in EU, the first year the pharmaceutical companies can fix their prices, afterwards there is a negotiation
US: PC can fix their prices
what are the main objective for the pricing Strategies?
Drug Uniqueness
Competition
Drug effectivenes
Whats the meaining of the Drug Uniqueness?
How many other drugs are already available to treat the same condition
Competition?
new drugs have addedd benefits overr competing drugs (addeitional benefits–> hgher prices)
Drug Effectiveness
change the current practice of medcine
cut down on expensive surgeries/hospital
can extend or ven save lives
What is the issue with Pricing?
Too high–> Unwilling to reimburse for ir or to prescribe it
Too low–>Physicians may conclude that it offers a discounted from of therapy
What institutions are invlved in pricing in Germany
Federal Joint Committee (G-Ba)
Institue for Quality and Efficiency in Helath Care (IQWiG)
What are the responsibility of the Federal Joint Committee (G-BA) (part 1)
- charge of deciding on the coverage of health, goods and services
- establishing practice guidelines
What are the responsibility of the Federal Joint Committee (G-BA) (part 2)
- Representatives of the umbrella association of physicians, dentist, hospitals and health
IQWiG?
- Independent body in charge of evaluating the quality and efficiency of health services products
- Performs the evidence-based assessment–> no reimbursement decisions making
- missions: clinical effectiveness and cost-beneits assessment
which drugs are reimbursed?
prescriptions drugs, unless included in an exclusion ist meaintained by the G-BA
Which drugs are meationed in the exclusion list?
Lifestyle medicinal products Smoking cessation Alcohol abstinence Contraceptives Hair growth enhancers
Which are Non-Rx medicinall products?
Over the counter drugs
Which drugs are in exception list
- Children under 12 years
Young people under 18 with development disabilities - Calcium compounds as well as vitamins D (treatment o manifest osteoporosis
Calcium compounds as well as vitamins D treatment for?
treatment of manifest osteoporosis
only simultaneously with steroid therapy
- how is the pricing and reimbursement in germany regulated?
Usually manufacturers are free to set their price (the final price depends on a benefits assessment)
- What happend after the first year?
Prices of innovative drugs are mainly negotiated
how the decision made?
Prodcuts with positive benefits assessment
Products considered therapeutically equivalent (Clustered)
Prodcuts with positive benefits assessment?
Price will be negotiated
Products considered therapeutically equivalent (Clustered)
Reference price cluster
What is the responsibility of the Pharmaceutical Market Restrucuturing Act
Legal basis for benefit assessment
Imposes a systematic and formal assessment of the added therapeutic benefits
What are the their objectives of the AMNOG?
Encoraging innovation
Ensuring efficient use of resources