Healthy Skepticism Library item: 8168

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

Publication type: Journal Article

Murray MD, Deardorff FW.
Does managed care fuel pharmaceutical industry growth?
Pharmacoeconomics 1998 Oct; 14:(4):341-8

Abstract:

The impact of managed care on the financial growth of the pharmaceutical industry is discussed. It was noted that managed care organizations and the pharmaceutical industry have diametrically opposing objectives, although there is hidden common ground. Forces that favor the growth of the pharmaceutical industry include movement of prescription payment from out-of-pocket to payment by insurers and the numbers of available innovative drug products. Common ground between managed care and the pharmaceutical industry may be found when more of both of their efforts are invested in investigating the effects of innovative drugs on total health care costs of patients. To date, available marketing data indicate that the pharmaceutical industry is fueled by managed care.

Keywords:
Drug Industry/economics* Economics, Pharmaceutical* Health Expenditures* Humans Managed Care Programs/economics* United States