Health Affairs, 22, no. 3 (2003): 15 doi: 10.1377/hlthaff.22.3.15 © 2003 by Project HOPE	New Online   Pay Cuts For Medicare Docs   Access To Care Woes   Public Coverage More Efficient   Empowering Consumers

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Prescription Drugs

PROLOGUE

International Experience With Prescription Drug Policy

PROLOGUE: The good news for U.S. policymakers who seek to learn from other countries how to design a Medicare drug benefit is that the international community has a wealth of experience in handling pharmaceutical benefit policy for a wide variety of public and private programs. The bad news is that no single approach has been unambiguously validated by all of this experience.

In a study of reference pricing (RP) systems in several countries, for example, Panos Kanavos and Uwe Reinhardt find evidence of troubling theoretical contradictions. One of the arguments against RP systems that include on-patent products grouped in therapeutic . . . [Full Text of this Article]

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