Reference Pricing Versus Co-Payment in the Pharmaceutical Industry: Price, Quality and Market Coverage

Within a horizontally differentiation model, we analyse the relative effects of reference pricing and copayment reimbursement on firms pricing and quality strategies as well as on market coverage under different market structures: competitive market, local monopolies and exogenous full market coverage. Results allow us to shed some light on the welfare and total drug expenditure implications of different drug reimbursement policies.

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Year of publication:	2007-04
Authors:	Miraldo, Marisa
Institutions:	Centre for Health Economics, Department of Economics and Related Studies
Subject:	Reference Pricing \| Co-payment \| Product Differentiation

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 025cherp 43 pages
Classification:	D40 - Market Structure and Pricing. General ; I11 - Analysis of Health Care Markets ; O33 - Technological Change: Choices and Consequences; Diffusion Processes
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005687309