Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

The New Drug Reimbursement Game

The New Drug Reimbursement Game

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783319089034
Condition
New
Product Description

This comprehensive text presents a rigorous framework from within which regulators can respond strategically to the claim by the pharmaceutical industry that lower drug prices today lead to a loss for the populations future health due to less innovation. It starts with a critical review of the empirical evidence of the return to consumers on their ongoing investment into high drug prices in order to increase future innovation. The implicit, critical and unrealistic assumption inherent in these studies is identified, namely that the health budget can be expanded to purchase drugs at higher prices without an opportunity cost, for example, the foregone benefits of alternative investments in health care infrastructure. Price effectiveness analysis (PEA), is introduced. PEA informs the question of how the innovative surplus from the new drug should be allocated between the manufacturer and the consumer so as to optimise societys welfare. The method allows the decisions by theregulator and the firm to be analysed jointly by specifying the firms production and revenue functions in terms of the clinical innovation of a new drug; the incremental effect used in the summary metric of cost effectiveness analysis. An economic value of innovation that takes into account opportunity cost under conditions of economic efficiency in the health system is proposed: the health shadow price. The limitations of the non-strategic methods that currently inform the highly contested new drug subsidy game are presented and the relative strengths of PEA are demonstrated. Health technology assessment quantifies both the clinical innovation of a new drug and its financial impact on the health system. Cost effectiveness analysis tests the relationship between the incremental cost and incremental effect of a new drug for target patients, at a given price. PEA tests the relationship between the price of a new drug and the health of the whole population, now and into thefuture. It achieves this by taking into account current inefficiency in both resource allocation and the displacement process, and the relationship between price and future innovation.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Monophasic Action Potentials

$84.99

Bionische Unternehmensfhrung

$84.99

Ecology

$54.99

New Issues in Financial and Credit Markets

$135.00

Basic Semiconductor Physics

$129.99

Learning Java Programming in Claras World

$59.99

Patient Krankenhaus

$49.99

Economic Development Strategies and the Evolution of Violence in Latin America

$54.99

Global Dynamics of the Earth: Applications of Viscoelastic Relaxation Theory to Solid-Earth and Plan

$54.99

Visual Politics in the Global South

$159.99

Blutkrperchensenkung

$59.99

Hexen, Satan, Inquisition

$79.99

Green Business - das Milliardengeschft

$39.95

Breaking of Supersymmetry and Ultraviolet Divergences in Extended Supergravity

$169.99

Aktenstcke zur neuesten Geschichte Preuens 1863

$49.99

Homogeneous Catalysis with Compounds of Rhodium and Iridium

$169.99

Pro JavaScript Techniques

$34.99

Plant Physiology, Development and Metabolism

$99.99

Pax: Pax, Journey Home

$6.74

Security and Privacy in Mobile Social Networks

$39.99

Turbulence in Space Plasmas

$54.99

Reasoning with Uncertainty in Robotics

$39.99

How Do Dinosaurs Say Happy Chanukah?

$5.99

Goethe

$44.99

Virtual und Augmented Reality (VR/AR)

$39.99

Growing Modular

$39.99

Housing Decisions in Later Life

$109.99

Afrikanische Erzhlungen als religionsethnologische Quellen dargestellt am Beispiel von Erzhlunge

$44.99

Otologische Rntgendiagnostik

$49.99

Drug-Induced Liver Toxicity

$139.99

Handbook of Pleistocene Archaeology of Africa

$249.99

Asia Pacific Graduate Education

$109.99

A to Z Mysteries: The Vampire's Vacation

$5.21

Handbook on Business Process Management 1 & 2

$219.99

Water-Carbon Dynamics in Eastern Siberia

$139.00

Pro SharePoint Migration

$39.99

Rita and Ralph's Rotten Day (Hardcover)

$14.24

Progress in Advanced Computing and Intelligent Engineering

$219.99

The Quadratic Assignment Problem

$169.99

Market Entry in China

$79.99