The paper makes o short review over the main aspects of drug compensation in EU. There are mentioned the procedures of including medicines in the compensation system according to the European legislation and comparative situations in EU countries in regard to the length of negotiation process to obtain the compensation, the modality and percent of compensation. We may conclude that there isn't a unitary policy of compensation in the EU countries, differences being significant and dictated by every country by itself. [ABSTRACT FROM AUTHOR]
Garattini, Livio, Curto, Alessandro, and Freemantle, Nick
Subjects
DRUG prices, PHARMACEUTICAL industry, REFERENCE pricing, GOVERNMENT pricing policy, THIRD parties (Law), INDUSTRIES & economics, MEDICAL care costs, PHARMACY, COST analysis, ECONOMICS
Abstract
The author reflects on the pharmaceutical pricing schemes in Europe based on a third-party payer's perspective as of May 2016. The conceptual approaches to pricing are explored which are cost, reference, and value-based as well as reference pricing in Western European countries. Also discussed are the pricing trends and policy implications.