Discussions On Reference Price System IDraws Opposition From Providers
This article was originally published in PharmAsia News
Executive Summary
The providers in the Central Social Insurance Medical Council announced that they oppose the introduction of a reference price system.
The providers in the Central Social Insurance Medical Council announced on Aug. 22 that they oppose the introduction of a reference price system. The payers had not formed a unified opinion and earlier deferred their decision. Although the price system was not the main topic of discussion, professor Hiroyuki Sakamaki of Meijo University, an expert with knowledge regarding the matter overseas, stated that even if the prices of new drugs and generic drugs drop in the short term, there are cases where they rebound back to near maximums again. There are also reports that even if all prices are reduced in the short term, they will not change or will increase in the long term (Click Here For More – Japanese Language)
“Central Social Insurance Medical Council: Reference Price System Introduction Discussed, Providers Express Opposition” - yakuji.co.jp (8/24/2012)