erage to more than 50 million people. To determine the price that it will pay for each drug, Medicaid uses the average private sector price. When Medicaid is a large part of the demand for a drug, this creates an incentive for its maker to increase prices for other health care consumers. Using drug utilization and expenditure data for the top 200 drugs in 1997 and in 2002, we investigate the relationship between the Medicaid market share (MMS) and the average price of a prescription. Our estimates imply that a 10-percentage-point increase in the MMS is associated with a 7 to 10 percent increase in the average price of a prescription. In addition, the Medicaid rules increase a firm’s incentive to intro-duce new versions of a drug in order to...
A letter report issued by the Government Accountability Office with an abstract that begins "The gro...
PURPOSE Prescription drug expenditures are the most rapidly growing component of total health care e...
The Medicaid Drug Rebate Program helps lower Medicaid spending on outpatient prescription drugs by e...
In 2003 the federal-state Medicaid program provided prescription drug coverage to more than 50 milli...
million people. To determine the price that it will pay for each drug, Medicaid uses the average pri...
The U.S. Congress passed a new law (PL 101-508) in 1990 requiring the pharmaceutical manufacturers t...
Medicare Part D began coverage of prescription drugs in 2006. Rather than setting pharmaceutical pri...
Generic drugs comprise an increasing share of total prescriptions dispensed in the U.S., rising from...
The empirical relationship between pharmaceutical industry revenues and pharmaceutical industry inno...
In 1990 the Omnibus Budget Reconciliation Act (OBRA \u2790) became law (P.L. 101-508). Language in t...
This article examines Medicaid preferred drug lists (PDLs), a cost-containment tool that designates ...
In 1991 a most-favored customer (MFC) rule was adopted to govern pharmaceutical prices paid by Medic...
This paper applies ideas from mechanism design to the procurement of pre-scription drugs. We present...
Correspondence issued by the Government Accountability Office with an abstract that begins "Spending...
This paper investigates prescription drug utilization changes following an exogenous shift in consum...
A letter report issued by the Government Accountability Office with an abstract that begins "The gro...
PURPOSE Prescription drug expenditures are the most rapidly growing component of total health care e...
The Medicaid Drug Rebate Program helps lower Medicaid spending on outpatient prescription drugs by e...
In 2003 the federal-state Medicaid program provided prescription drug coverage to more than 50 milli...
million people. To determine the price that it will pay for each drug, Medicaid uses the average pri...
The U.S. Congress passed a new law (PL 101-508) in 1990 requiring the pharmaceutical manufacturers t...
Medicare Part D began coverage of prescription drugs in 2006. Rather than setting pharmaceutical pri...
Generic drugs comprise an increasing share of total prescriptions dispensed in the U.S., rising from...
The empirical relationship between pharmaceutical industry revenues and pharmaceutical industry inno...
In 1990 the Omnibus Budget Reconciliation Act (OBRA \u2790) became law (P.L. 101-508). Language in t...
This article examines Medicaid preferred drug lists (PDLs), a cost-containment tool that designates ...
In 1991 a most-favored customer (MFC) rule was adopted to govern pharmaceutical prices paid by Medic...
This paper applies ideas from mechanism design to the procurement of pre-scription drugs. We present...
Correspondence issued by the Government Accountability Office with an abstract that begins "Spending...
This paper investigates prescription drug utilization changes following an exogenous shift in consum...
A letter report issued by the Government Accountability Office with an abstract that begins "The gro...
PURPOSE Prescription drug expenditures are the most rapidly growing component of total health care e...
The Medicaid Drug Rebate Program helps lower Medicaid spending on outpatient prescription drugs by e...