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If a pharmaceutical company raises the list price of prescription drugs, will the patient’s out-of-pocket cost increase?

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Will the patient’s out-of-pocket cost increase if a pharmaceutical company raises the list price of branded prescription drugs?New research published in JAMA network open According to Dr. Benjamin Roma and colleagues in Brigam’s Department of Pharmacoeconomics and Pharmacoeconomics, higher drug prices can cause more than half of patients to experience increased out-of-pocket costs.

Rome and co-authors have studied 79 branded drugs and have a “fixed price” From 2015 to 2017, the “net price” (after the manufacturer’s rebate) increased by 16.7%, the average out-of-pocket cost increased by 3.5%. Some commercial insurance patients who only pay for prescription medications are at the list price of the medication, while patients eligible for co-insurance or deductions pay 15% out-of-pocket expenses during this period in response to price changes Experienced an increase in Among these patients, researchers found no evidence that the manufacturer’s rebate offset out-of-pocket costs.

“Exorbitant and unregulated prices set by pharmaceutical companies affect the amount patients pay,” Rome said. “Pharmaceutical companies often have top lists Their medicine is not important, but we have many Responsible for joint insurance or deductions that many people are generally exposed to annual price increases .. ”


Pharmaceutical companies raise prices for 500 prescription drugs


For more information:
JAMA network open (2021). jamanetwork.com/journals/jaman… etworkopen.2021.8816

Provided by
Brigham and Women’s Hospital


Quote: If a pharmaceutical company raises the list price of prescription drugs, will the patient’s out-of-pocket cost also increase? (May 4, 2021) May 4, 2021 Obtained from https://medicalxpress.com/news/2021-05-drug-price-prescription-drugs-patients.html

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