FOREFRONT: The Paradox Of Health Care Competition: How The Middle Class
Became The Big Loser
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Tuesday, August 15, 2023 | The Latest Research, Commentary, And News
From Health Affairs
Dear John,
Insiders can join us August 22 for a Journal Club. Register here!
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Impact of New Drug Competition on Net Prices And Spending
In the August issue of Health Affairs,
<[link removed]>Sean
Dickson and his team of coauthors examine the effects of the
introduction of new brand-name pharmaceutical competitors on the net
prices of existing pharmaceutical products.
After examining new competitive therapies approved between 2013-17, they
find that "the introduction of new therapeutic competition was
associated with a 4.2 percent decrease in annual net price growth and
resulted in net prices that were 6.8 percent lower, on average, than net
prices before competition."
The introduction of new competitive therapies also led to increases in
spending. Dickson and coauthors also determine that the entry of
competition during 2013-17 lowered commercial drug spending by $10.4
billion.
Read the August issue of Health Affairs for more newly published
research on prescription drugs.
Read the Article
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A Health Podyssey x Policy Spotlight w/ Meena Seshamani
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In a crossover episode with Health Affairs' Policy Spotlight event
series, Alan Weil interviews Meena Seshamani, director at the Center for
Medicare at CMS. They discuss the evolution of Medicare Advantage,
value-based programs, and more.
Listen
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The Paradox Of Health Care Competition: How The Middle Class Became The
Big Loser
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Richard Averill and Michael Kalison
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