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The effect of new drug pricing systems and new reimbursement guidelines on pharmaceutical expenditures and prescribing behavior among hypertensive patients in Korea

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  • Cho, Mee-Hyun
  • Yoo, Ki-Bong
  • Lee, Hoo-Yeon
  • Lee, Kwang-Sig
  • Kwon, Jeoung A
  • Han, Kyu-Tae
  • Kim, Jae-Hyun
  • Park, Eun-Cheol

Abstract

The purpose of this study was to determine the effects of a new drug-pricing system (January 2012) and new prescription and reimbursement guidelines (January 2013) on hypertension-related pharmaceutical expenditures and prescribing behaviors in Korea.

Suggested Citation

  • Cho, Mee-Hyun & Yoo, Ki-Bong & Lee, Hoo-Yeon & Lee, Kwang-Sig & Kwon, Jeoung A & Han, Kyu-Tae & Kim, Jae-Hyun & Park, Eun-Cheol, 2015. "The effect of new drug pricing systems and new reimbursement guidelines on pharmaceutical expenditures and prescribing behavior among hypertensive patients in Korea," Health Policy, Elsevier, vol. 119(5), pages 604-611.
  • Handle: RePEc:eee:hepoli:v:119:y:2015:i:5:p:604-611
    DOI: 10.1016/j.healthpol.2015.01.002
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    References listed on IDEAS

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    1. AfDB AfDB, . "AfDB Group Annual Report 2011," Annual Report, African Development Bank, number 392.
    2. Kim, Han Joong & Chung, Woojin & Lee, Sang Gyu, 2004. "Lessons from Korea's pharmaceutical policy reform: the separation of medical institutions and pharmacies for outpatient care," Health Policy, Elsevier, vol. 68(3), pages 267-275, June.
    3. Grabowski, Henry G & Vernon, John M, 1992. "Brand Loyalty, Entry, and Price Competition in Pharmaceuticals after the 1984 Drug Act," Journal of Law and Economics, University of Chicago Press, vol. 35(2), pages 331-350, October.
    4. Schwartz, Rebecca K. & Soumerai, Stephen B. & Avorn, Jerry, 1989. "Physician motivations for nonscientific drug prescribing," Social Science & Medicine, Elsevier, vol. 28(6), pages 577-582, January.
    5. Kwon, Hye-Young & Hong, Ji-Min & Godman, Brian & Yang, Bong-Min, 2013. "Price cuts and drug spending in South Korea: The case of antihyperlipidemic agents," Health Policy, Elsevier, vol. 112(3), pages 217-226.
    6. Denig, P. & Haaijer-Ruskamp, F.M. & Zijsling, D.H., 1988. "How physicians choose drugs," Social Science & Medicine, Elsevier, vol. 27(12), pages 1381-1386, January.
    7. Kwon, Soonman, 2003. "Pharmaceutical reform and physician strikes in Korea: separation of drug prescribing and dispensing," Social Science & Medicine, Elsevier, vol. 57(3), pages 529-538, August.
    8. Su-Yeon Yu & Bong-Min Yang & Jin-Hyun Kim, 2013. "New Anti-Rebate Legislation in South Korea," Applied Health Economics and Health Policy, Springer, vol. 11(4), pages 311-318, August.
    9. AfDB AfDB, . "AfDB Group Annual Report 2011 (Arabic)," Annual Report, African Development Bank, number 394.
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    Cited by:

    1. Toon van der Gronde & Carin A Uyl-de Groot & Toine Pieters, 2017. "Addressing the challenge of high-priced prescription drugs in the era of precision medicine: A systematic review of drug life cycles, therapeutic drug markets and regulatory frameworks," PLOS ONE, Public Library of Science, vol. 12(8), pages 1-34, August.

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