Drug price regulation

Jean-Michel Josselin (), Laurie Rachet Jacquet, Véronique Raimond () and Lise Rochaix
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Jean-Michel Josselin: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique
Laurie Rachet Jacquet: Hospinomics - PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Véronique Raimond: HAS - Haute Autorité de Santé [Saint-Denis La Plaine]

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Abstract: Drug prices are regulated in a legal framework that organizes the negotiation between pharmaceutical firms and a third-party payer responsible for healthcare reimbursement. This regulation aims at compensating for market failures associated with drug specificities. Explicit economic reasoning through the socalled health technology assessment framework is increasingly embedded in the institutional and administrative process of the evaluation procedure leading to market access, pricing and reimbursement for new drugs.

Keywords: Drug prices; Prices regulation (search for similar items in EconPapers)
Date: 2017
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Published in Alain Marciano, Giovanni Battista Ramello. Encyclopedia of Law and Economics, Springer Science+Business Media LLC 2017, pp.1-8, 2017, 978-1-4614-7883-6. ⟨10.1007/978-1-4614-7883-6_714-1⟩

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Working Paper: Drug price regulation (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01615092

DOI: 10.1007/978-1-4614-7883-6_714-1

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