Chalkidou, Kalipso, Claxton, Karl orcid.org/0000-0003-2002-4694, Silverman, Rachel et al. (1 more author) (Accepted: 2020) Value-based tiered pricing for universal health coverage:an idea worth revisiting. Gates open research. p. 16. ISSN 2572-4754 (In Press)
Abstract
The pricing of medicines and health products ranks among the most hotly debated topics in health policy, generating controversy in richer and poorer markets alike. Creating the right pricing structure for pharmaceuticals and other healthcare products is particularly important for low- and middle-income countries, where pharmaceuticals account for a significant portion of total health expenditure; high medicine prices therefore threaten the feasibility and sustainability of nascent schemes for universal health coverage (UHC). We argue that a strategic system of value-based tiered pricing (VBTP), wherein each country would pay a price for each health product commensurate with the local value it provides, could improve access, enhance efficiency, and empower countries to negotiate with product manufacturers. This paper attempts to further understanding on the potential value of tiered pricing, barriers to its implementation, and potential strategies to overcome those.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 Chalkidou K et al. |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Economics and Related Studies (York) |
Depositing User: | Pure (York) |
Date Deposited: | 25 Mar 2020 14:20 |
Last Modified: | 17 Dec 2024 00:15 |
Published Version: | https://doi.org/10.12688/gatesopenres.13110.2 |
Status: | In Press |
Refereed: | Yes |
Identification Number: | 10.12688/gatesopenres.13110.2 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:158749 |
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Description: Value-based tiered pricing for universal health coverage: an idea worth revisiting
Licence: CC-BY 2.5