What condition leads to an unreasonable pharmaceutical price? Impact research on the effect of medical service provision on pharmaceutical price regulation based on fuss-set QCA
Lingzhi Brian Fang,
Xinmeng Wang and
Liu Tang
PLOS ONE, 2023, vol. 18, issue 4, 1-15
Abstract:
Given that the pharmaceutical market has experienced severe market failures, it is necessary that we regulate pharmaceutical prices for many countries. Toward ensuring that pharmaceutical price regulation is efficient, this study investigated the antecedents that lead to an unreasonable pharmaceutical price. Based on 33 case-study countries, this study utilized QCA to analyze the conditional configuration of unreasonable pharmaceutical prices from the perspective of medical service provision. The results showed that the causes of unreasonable pharmaceutical prices are configured by medical service provision, especially cost compensation systems and payment mechanism. This study’s conclusions contribute to the research on pharmaceutical price regulation and the institution of medical service provision.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0284129
DOI: 10.1371/journal.pone.0284129
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