generic-to-brand price ratio. In the third chapter, we examine the effect of the introduction of Reference pricing (RP) on … price. It shows that the brand name’s price decline after the imposition of reform and the introduction of reference pricing …. This confirms that the RP encourages competition. The reference pricing system induces a change in the market for medicines …

concerns by taking into account the so-called healthcare reimbursement policy of reference pricing, requiring consumers to pay … gives rise to more substantial price reductions under reference pricing than under coinsurance in the home (importing … creates a social cost accrued from perceived quality difference, it would not be aggravated by reference pricing.<p> …