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- W3152307536 abstract "Objectives: This paper investigates the pricing strategy (perfect flat pricing, perfect monotonic pricing, intermediate) used formultiple dosagemedications listed in theOntario Drug Benefit Formulary. Methods: All multiple dosage solid medications containing a single active ingredient newly listed in the Ontario Drug Benefit Formulary between 1996 and 2005 were identified. The relationshipbetweenpriceanddosagewascalculatedusingapreviouslydevelopedmethod. Results: Seventy-three multiple dosage medications were introduced. Where medications were equivalent to existing ones in most cases companies followed the pricing strategy used by therapeutically equivalent drugs already in the formulary. Where there were no equivalent products companies did not adopt any particular pricing strategy. There was no difference in the way that companies priced scored tablets versus unscored tablets and capsules or in the way that they priced drugs that had objective measurements of efficacy/effectiveness, for example blood pressure, versus those that did not have these measurements. Conclusions: When Monotonic pricing is used it leads to higher expenditures whereas flat pricing results in lower expenditures andoffersmore predictability in expenditures. Provinhould c cial governments s" @default.
- W3152307536 created "2021-04-13" @default.
- W3152307536 creator A5064392215 @default.
- W3152307536 date "2009-01-01" @default.
- W3152307536 modified "2023-09-27" @default.
- W3152307536 title "Pricing of multiple dosage prescription medications: An analysis of the Ontario Drug Benefit Formulary" @default.
- W3152307536 cites W2107260549 @default.
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- W3152307536 hasPublicationYear "2009" @default.
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