Prescription Charges In The United Kingdom: A Critical Review

Theodore Hitiris

Discussion Papers from Department of Economics, University of York

Abstract: This is a critical evaluation of studies of the effects of prescription charges on UK National Health Care revenues. The conclusion reached is that, for several reasons relating to the availability of data and the quantitative methods used, the empirical studies of the effects of these charges were not able to provide a reliable estimate of the elasticity of demand for prescriptions and therefore of the revenue effects of increasing the prescription charges. However, a sensitivity analysis based on a range of this elasticity’s values shows that the revenue effect of prescription charges is negligible.

Keywords: Prescription charges; Co-payments (search for similar items in EconPapers)
JEL-codes: I11 I18 (search for similar items in EconPapers)
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