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Approaches to manage 'affordability' of high budget impact medicines in key EU countries Approaches to manage 'affordability' of high budget impact medicines in key EU countries
Journal article   Open access   Peer reviewed

Approaches to manage 'affordability' of high budget impact medicines in key EU countries Approaches to manage 'affordability' of high budget impact medicines in key EU countries

Mathias Flume, Marc Bardou, Stefano Capri, Oriol Sola-Morales, David Cunningham, Lars-Ake Levin, Maarten J. Postma and Nicolas Touchot
Journal of market access & health policy, Vol.6(1), pp.1-8
2018

Abstract

Budget impact Affordability Cost effectiveness Market access Price negotiation Health technology assessment Expensive therapies Funding;
Background: The launch of hepatitis C (HCV) drugs such as sofosbuvir or ledipasvir has fostered the question of affordability of novel high budget impact therapies even in countries with high domestic product. European countries have developed a variety of mechanisms to improve affordability of such therapies, including 'affordability thresholds', price volume agreements or caps on individual product sales, and special budgets for innovative drugs. While some of these mechanisms may help limit budget impact, there are still significant progresses to be made in the definition and implementation of approaches to ensure affordability, especially in health systems where the growth potential in drug spending and/or in the patient contribution to health insurance are limited. Objectives: In this article, we will review how seven countries in western Europe are approaching the question of affordability of novel therapies and are developing approaches to continue to reward new sciences while limiting budget impact. We will also discuss the question of affordability of cost-effective but hugely expensive therapies and the implications for payers and for the pharmaceutical industry. Results: There is clearly not one solution that is used consistently across countries but rather a number of 'tools' that are combined differently in each country. This illustrates the difficulty of managing affordability within different legal frameworks and within different health care system architectures.
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url
10.1080/20016689.2018.1478539View
Published (Version of record) Open CC BY-NC-ND V4.0

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