National Pharmacare, Reference-Based Pricing, and Drug R&D: A Critique of the National Forum on Health's Recommendations for Pharmaceutical Policy
In February 1997, the Canadian National Forum on Health presented its recommendations for a pharmaceutical policy for Canada. These recommendations include moving towards a universal coverage, publicly funded drug plan; support for reference-based pricing as a method of containing drug plan costs; and requiring that pharmaceutical companies turn over a portion of their research funds to the national research granting agencies. This paper provides a critical assessment of these policy recommendations, with a focus on whether they are likely to achieve long-term reductions in pharmaceutical and health care expenditures in Canada.
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Volume (Year): 25 (1999)
Issue (Month): 1 (March)
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References listed on IDEAS
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- Anis, Aslam H. & Wen, Quan, 1998. "Price regulation of pharmaceuticals in Canada," Journal of Health Economics, Elsevier, vol. 17(1), pages 21-38, January.
- Aslam H. Anis, 1992. "Pharmaceutical Prices with Insurance Coverage and Formularies," Canadian Journal of Economics, Canadian Economics Association, vol. 25(2), pages 420-437, May.