Pharmaceuticals regulation across OECD Countries Maximising value for money to improve health system performance
The multiple goals of regulation
INTERNATIONAL PERSPECTIVES
COMMON CHALLENGES
Canada in the global perspective
Total expenditure on pharmaceutical goods as a share of GDP
Link between total expenditure on pharmaceutical goods per capita and GDP per capita at current exchange rates
Link between total expenditure on pharmaceutical goods per capita and GDP at purchasing power parities
Total expenditure on pharmaceutical goods as a percentage of total expenditure on health
ECONOMIC CONTEXT
THE REGULATION OF DEMAND
RECENT TRENDS
Public pharmaceutical expenditure within total pharmaceutical expenditure (in %)
SUPPLY SIDE
A SECOND BEST SOLUTION ?
FIXING PRICES ?
ASSESSING THE IMPACT
Relative price trends for pharmaceuticals
Ttrends in the measure growth rate of total and of public expenditures on pharmaceutical goods, 1980-1996
PROFIT CONTROLS RATE OF RETURN
THE EMPIRICAL PERSPECTIVE
An example: recent OECD study on cardiovascular disease and stroke:
Trends in unit expenditure by therapeutic subclass
PUZZLING RESULTS
EXPENDITURE TRENDS
REFERENCE PRICING
DIRECT EXPENDITURE CONTROL
IMPROVING HEALTH SYSTEM PERFORMANCE
Involving physicians: monitoring prescription
Assessing the value of pharmaceuticals
THE BROADER POLICY IMPLICATIONS
THE IMPOSSIBILITY TRIANGLE
POLICY IMPLICATIONS
CONCLUSION
Stephane Jacobzone, OECD Health Project ( http://www.oecd.org )
pmprb@pmprb-cepmb.gc.ca
http://www.pmprb.com/symposium2002/present-e.html