What price should we pay for specialty drugs?

Len Nichols • OCTOBER 5, 2015

Len Nichols of George Mason University explores policy options for changing the way drugs are priced in the United States. According to Nichols, there has been a rise in aggressive pricing by pharmaceutical companies, and industry participants are increasingly justifying their pricing decisions based on the value created relative to alternative treatments. Nichols names some potential policy responses to high pricing, including doing nothing, imposing controls, letting Medicare negotiate with drug makers, and replacing private capital with public capital. He argues that federal policy should be to make the exclusivity grants contingent on pricing, with short exclusivity granted for more aggressively priced drugs and longer exclusivity granted for less aggressively priced drugs.

This video is from the Partnership for Quality Care. Visit the original source.
If the video on this page is broken, please report it.
This page has been viewed 1,020 times.

"I needed to know who the thought leaders were on a particular policy issue. A quick search through HealthPolicy.tv saved me hours!"

— Chris K., Palo Alto, CA