Matches in SemOpenAlex for { <https://semopenalex.org/work/W3125011487> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W3125011487 startingPage "3030" @default.
- W3125011487 abstract "Health care spending rarely follows an ordinary, rational model. Yet even in that context, prescription drug prices are rising at a puzzling rate. What is causing the phenomenon? Quite simply, incentives percolating throughout the prescription drug market push players toward higher prices. At the center, lies the highly secretive and concentrated PBM industry — middle players who negotiate between drug companies and health insurers, arranging for rebates and establishing coverage levels for patients. Contracts between drug companies and the middle players are closely guarded secrets. The PBM customers, including Medicare, private insurers, and even their auditors, are not permitted access to the terms. And the middle players are not alone; everyone is feeding at the trough.Markets, like gardens, grow best in the sun; they wither without information. Thus, competitive distortions and suboptimal outcomes are unsurprising. Despite the extreme secrecy, details have begun to seep out — through case documents (including recent contract disputes among parties), government reports, shareholder disclosures, and industry insider reports. Piecing together these sources, this article presents a picture of incentive structures in which higher-priced drugs receive favorable treatment, and patients are channeled towards more expensive medicines. In exchange for financial incentives structured in different ways to appeal to hospitals, insurers, doctors, and even patient advocacy groups, drug companies ensure that lower-priced substitutes cannot gain a foothold. It is a win-win for everyone, except of course for taxpayers and society. This article also analyzes popular proposals that are unlikely to work and suggests approaches for aligning incentives." @default.
- W3125011487 created "2021-02-01" @default.
- W3125011487 creator A5052633040 @default.
- W3125011487 date "2020-01-01" @default.
- W3125011487 modified "2023-09-26" @default.
- W3125011487 title "Perverse Incentives: Why Everyone Prefers High Drug Prices -- Except for Those Who Pay the Bills" @default.
- W3125011487 hasPublicationYear "2020" @default.
- W3125011487 type Work @default.
- W3125011487 sameAs 3125011487 @default.
- W3125011487 citedByCount "0" @default.
- W3125011487 crossrefType "journal-article" @default.
- W3125011487 hasAuthorship W3125011487A5052633040 @default.
- W3125011487 hasConcept C10138342 @default.
- W3125011487 hasConcept C120757647 @default.
- W3125011487 hasConcept C138885662 @default.
- W3125011487 hasConcept C144133560 @default.
- W3125011487 hasConcept C151730666 @default.
- W3125011487 hasConcept C162324750 @default.
- W3125011487 hasConcept C17744445 @default.
- W3125011487 hasConcept C199539241 @default.
- W3125011487 hasConcept C2426938 @default.
- W3125011487 hasConcept C2776452267 @default.
- W3125011487 hasConcept C2778137410 @default.
- W3125011487 hasConcept C2778858636 @default.
- W3125011487 hasConcept C2778971194 @default.
- W3125011487 hasConcept C2779343474 @default.
- W3125011487 hasConcept C29122968 @default.
- W3125011487 hasConcept C34447519 @default.
- W3125011487 hasConcept C39389867 @default.
- W3125011487 hasConcept C39549134 @default.
- W3125011487 hasConcept C41895202 @default.
- W3125011487 hasConcept C71924100 @default.
- W3125011487 hasConcept C86803240 @default.
- W3125011487 hasConcept C98274493 @default.
- W3125011487 hasConceptScore W3125011487C10138342 @default.
- W3125011487 hasConceptScore W3125011487C120757647 @default.
- W3125011487 hasConceptScore W3125011487C138885662 @default.
- W3125011487 hasConceptScore W3125011487C144133560 @default.
- W3125011487 hasConceptScore W3125011487C151730666 @default.
- W3125011487 hasConceptScore W3125011487C162324750 @default.
- W3125011487 hasConceptScore W3125011487C17744445 @default.
- W3125011487 hasConceptScore W3125011487C199539241 @default.
- W3125011487 hasConceptScore W3125011487C2426938 @default.
- W3125011487 hasConceptScore W3125011487C2776452267 @default.
- W3125011487 hasConceptScore W3125011487C2778137410 @default.
- W3125011487 hasConceptScore W3125011487C2778858636 @default.
- W3125011487 hasConceptScore W3125011487C2778971194 @default.
- W3125011487 hasConceptScore W3125011487C2779343474 @default.
- W3125011487 hasConceptScore W3125011487C29122968 @default.
- W3125011487 hasConceptScore W3125011487C34447519 @default.
- W3125011487 hasConceptScore W3125011487C39389867 @default.
- W3125011487 hasConceptScore W3125011487C39549134 @default.
- W3125011487 hasConceptScore W3125011487C41895202 @default.
- W3125011487 hasConceptScore W3125011487C71924100 @default.
- W3125011487 hasConceptScore W3125011487C86803240 @default.
- W3125011487 hasConceptScore W3125011487C98274493 @default.
- W3125011487 hasLocation W31250114871 @default.
- W3125011487 hasOpenAccess W3125011487 @default.
- W3125011487 hasPrimaryLocation W31250114871 @default.
- W3125011487 hasRelatedWork W1484794267 @default.
- W3125011487 hasRelatedWork W1517393896 @default.
- W3125011487 hasRelatedWork W2013739527 @default.
- W3125011487 hasRelatedWork W2114729650 @default.
- W3125011487 hasRelatedWork W2348110267 @default.
- W3125011487 hasRelatedWork W238524346 @default.
- W3125011487 hasRelatedWork W2622304491 @default.
- W3125011487 hasRelatedWork W2800984814 @default.
- W3125011487 hasRelatedWork W291603188 @default.
- W3125011487 hasRelatedWork W2921438076 @default.
- W3125011487 hasRelatedWork W3023264107 @default.
- W3125011487 hasRelatedWork W308739830 @default.
- W3125011487 hasRelatedWork W309401515 @default.
- W3125011487 hasRelatedWork W3122949833 @default.
- W3125011487 hasRelatedWork W3124379218 @default.
- W3125011487 hasRelatedWork W3124756154 @default.
- W3125011487 hasRelatedWork W3134384493 @default.
- W3125011487 hasRelatedWork W3176574836 @default.
- W3125011487 hasRelatedWork W344068021 @default.
- W3125011487 hasRelatedWork W3123224081 @default.
- W3125011487 hasVolume "57" @default.
- W3125011487 isParatext "false" @default.
- W3125011487 isRetracted "false" @default.
- W3125011487 magId "3125011487" @default.
- W3125011487 workType "article" @default.