Tuesday, August 15, 2023 | The Latest Research, Commentary, And News From Health Affairs
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Impact of New Drug Competition on Net Prices And Spending In the August issue of Health Affairs, 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.
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.
Health Affairs is the leading peer-reviewedjournalat the intersection of health, health care, and policy. Published monthly by Project HOPE, the journal is available in print and online. Late-breaking
content is also found through healthaffairs.org, Health Affairs Today, and Health Affairs Sunday Update.
Project HOPE is a global health and humanitarian relief organization that places power in the hands of local health care workers to save lives across the globe. Project HOPE has published Health Affairs since 1981.
