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Insurance - The Right Price: A Value-Based Prescription for Drug Costs

Description

Book Synopsis: The US prescription drug business is a $500 billion industry whose rising prices carry profound consequences for patients, caregivers, employers and taxpayers across the nation. In the United States, average prices of leading brand-name drugs are two to four times higher than prices charged in other wealthy countries, raising questions as to what Americans are getting for the extra expense. On the other hand, healthy industry returns have arguably fueled life-saving innovation. With the advent of ever more targeted and powerful treatments, including cell- and gene-based therapies with multi-million-dollar price tags, the need for sensible drug pricing policies will only intensify.

The Right Price sheds light on the controversial topic of drug pricing by providing an accessible guide to pharmaceutical markets and analytic techniques used to measure the value of drug therapies. It illustrates the need for value-based pricing through real-life stories of patients and their experiences with the drug industry and explains why simple solutions like price controls and the importation of cheaper drugs from other countries are problematic. This volume describes how researchers and policy makers have pursued drug valuation efforts in the past, and lays out a series of recommendations, based on years of shared author experience serving on national drug policy platforms, for how to further improve pharmaceutical value assessment in the United States.

With unique industry insights and clear narrative, The Right Price unveils why the pricing of drugs continues to be so challenging and how public and private officials can create more informed policies to achieve the right balance between drug pricing and value.

Details

Are you tired of skyrocketing prescription drug costs? Introducing The Right Price: A Value-Based Prescription for Drug Costs. In this eye-opening book, we delve into the $500 billion US prescription drug industry and explore the consequences of rising prices on patients, caregivers, and taxpayers. Discover why average prices of brand-name drugs in the US are two to four times higher than those in other countries, and question what exactly you're paying for.

But there's more to this story. The Right Price also highlights how the profits generated by the industry have fueled life-saving innovations. With breakthrough treatments like cell- and gene-based therapies emerging, it's crucial that we find sensible drug pricing policies that benefit all. Our book provides an accessible guide to pharmaceutical markets and the analytical techniques used to measure the value of drug therapies.

Through real-life stories of patients and their experiences with the drug industry, The Right Price illustrates the dire need for value-based pricing. We debunk simple solutions like price controls and the importation of cheaper drugs and reveal their underlying problems. Drawing on our extensive experience on national drug policy platforms, we provide actionable recommendations for improving pharmaceutical value assessment in the United States.

Don't miss out on this opportunity to gain unique industry insights and discover how public and private officials can create more informed policies. Find the right balance between drug pricing and value by getting your hands on a copy of The Right Price today.

Ready to take control of soaring drug costs? Get your copy of The Right Price: A Value-Based Prescription for Drug Costs now through our website.

Disclosure: I get commissions for purchases made through links in this website