EconPapers    
Economics at your fingertips  
 

Multi-Indication Pricing (MIP): Practical Solutions and Steps to Move Forward

Margherita Neri;Adrian Towse;Martina Garau
Authors registered in the RePEc Author Service: Adrian Towse, Margherita Neri and Martina Garau

Briefing from Office of Health Economics

Abstract: This report provides a detailed summary of a panel discussion held at the HTAi 2017 annual meeting in Rome on the current approaches to MIP in Europe, the perceived challenges, and how they could be tackled in the future. Multi-indication pricing (MIP) is based on the idea of recognising the value of all the indications, or patient sub-groups, for which a product is authorised. In principle, the implementation of MIP could achieve improvements in both static and dynamic efficiency: prices can be set at a cost-effective level for each indication and patient sub-population, thereby expanding treatment to more patients and stimulating future research as manufacturers anticipate a sufficient return on R&D spending. Despite its theoretical attractiveness, MIP is perceived as entailing a number of challenges and complications over the more widely used single pricing across indications. These include concerns around the appropriation of consumer surplus by manufacturers, leading to higher budget impact as the patient population grows in size, as well as complexity and inadequateness of the health system capabilities required to implement MIP. This report provides a detailed summary of a panel discussion held at the HTAi 2017 annual meeting in Rome on the current approaches to MIP in Europe, the perceived challenges, and how they could be tackled in the future. Erratum: 06/02/2019: Please note that this copy of the report (originally published 28/11/2018) has been updated to correct an error in Section 3.

Keywords: Multi-Indication; Pricing; (MIP):; Practical; Solutions; and; Steps; to; Move; Forward (search for similar items in EconPapers)
JEL-codes: I1 (search for similar items in EconPapers)
Date: 2018-12-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.ohe.org/publications/multi-indication- ... ing-clean_corrected/ (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ohe:briefg:002084

Access Statistics for this paper

More papers in Briefing from Office of Health Economics Contact information at EDIRC.
Bibliographic data for series maintained by Publications Manager ( this e-mail address is bad, please contact ).

 
Page updated 2025-03-31
Handle: RePEc:ohe:briefg:002084