Efficacy of international approaches to medicine price regulation and control: A scoping review

Mohammad Bashaar, Mohamed Azmi Hassali, Fahad Saleem, Alian A. ALrasheedy, Vijay Thawani, Zaheer Ud Din Babar

Research output: Contribution to journalReview article

3 Citations (Scopus)

Abstract

Background: The access to affordable medicines is counted as a challenge, despite international measures taken towards cost containment and price regulation. Objective: To identify and review the literature on international approaches related to medicine price regulation, control, and its effectiveness. Methods: In this scoping review, peer-reviewed research and review articles, discussion papers, public documents relating to medicine pricing policies were reviewed. The search strategy was structured according to STARLITE principles. The key search terms and phrases were "medicine prices", "causes of high medicine prices", " approaches towards medicine prices control", "national medicine policies", "international approaches towards medicine price control", "containment policies", and "effects of pricing policy on medicine". Results: Medicine pricing and price regulation policies were drafted and implemented with no optimal results and things don't seem to have improved much and remain as the distant goal. These policies were either less comprehensive, outdated and fell short in implementation especially in low and middle-income countries (LMICs) due to lack of funding, infrastructure or trained professional task force. Overall, none of the policy options was preferred. Multi-pronged policy options crafted in local context are required to tackle the issue. Conclusion: The authors identify gaps in the literature and propose advanced research in the area to strengthen the healthcare system by improving medicine pricing system in each country.

LanguageEnglish
Pages227-241
Number of pages15
JournalJournal of Applied Pharmaceutical Science
Volume7
Issue number4
DOIs
Publication statusPublished - 4 Apr 2017

Fingerprint

Medicine
Costs and Cost Analysis
Research Peer Review
Cost Control
Advisory Committees
Systems Analysis
Delivery of Health Care
Research

Cite this

Bashaar, Mohammad ; Hassali, Mohamed Azmi ; Saleem, Fahad ; ALrasheedy, Alian A. ; Thawani, Vijay ; Babar, Zaheer Ud Din. / Efficacy of international approaches to medicine price regulation and control : A scoping review. In: Journal of Applied Pharmaceutical Science. 2017 ; Vol. 7, No. 4. pp. 227-241.
@article{9a840c49dc0d403093b8874f804dd510,
title = "Efficacy of international approaches to medicine price regulation and control: A scoping review",
abstract = "Background: The access to affordable medicines is counted as a challenge, despite international measures taken towards cost containment and price regulation. Objective: To identify and review the literature on international approaches related to medicine price regulation, control, and its effectiveness. Methods: In this scoping review, peer-reviewed research and review articles, discussion papers, public documents relating to medicine pricing policies were reviewed. The search strategy was structured according to STARLITE principles. The key search terms and phrases were {"}medicine prices{"}, {"}causes of high medicine prices{"}, {"} approaches towards medicine prices control{"}, {"}national medicine policies{"}, {"}international approaches towards medicine price control{"}, {"}containment policies{"}, and {"}effects of pricing policy on medicine{"}. Results: Medicine pricing and price regulation policies were drafted and implemented with no optimal results and things don't seem to have improved much and remain as the distant goal. These policies were either less comprehensive, outdated and fell short in implementation especially in low and middle-income countries (LMICs) due to lack of funding, infrastructure or trained professional task force. Overall, none of the policy options was preferred. Multi-pronged policy options crafted in local context are required to tackle the issue. Conclusion: The authors identify gaps in the literature and propose advanced research in the area to strengthen the healthcare system by improving medicine pricing system in each country.",
keywords = "Medicine policy, Medicine price, Price control, Regulation",
author = "Mohammad Bashaar and Hassali, {Mohamed Azmi} and Fahad Saleem and ALrasheedy, {Alian A.} and Vijay Thawani and Babar, {Zaheer Ud Din}",
year = "2017",
month = "4",
day = "4",
doi = "10.7324/JAPS.2017.70434",
language = "English",
volume = "7",
pages = "227--241",
journal = "Journal of Applied Pharmaceutical Science",
issn = "2231-3354",
publisher = "MediPoeia",
number = "4",

}

Efficacy of international approaches to medicine price regulation and control : A scoping review. / Bashaar, Mohammad; Hassali, Mohamed Azmi; Saleem, Fahad; ALrasheedy, Alian A.; Thawani, Vijay; Babar, Zaheer Ud Din.

In: Journal of Applied Pharmaceutical Science, Vol. 7, No. 4, 04.04.2017, p. 227-241.

Research output: Contribution to journalReview article

TY - JOUR

T1 - Efficacy of international approaches to medicine price regulation and control

T2 - Journal of Applied Pharmaceutical Science

AU - Bashaar, Mohammad

AU - Hassali, Mohamed Azmi

AU - Saleem, Fahad

AU - ALrasheedy, Alian A.

AU - Thawani, Vijay

AU - Babar, Zaheer Ud Din

PY - 2017/4/4

Y1 - 2017/4/4

N2 - Background: The access to affordable medicines is counted as a challenge, despite international measures taken towards cost containment and price regulation. Objective: To identify and review the literature on international approaches related to medicine price regulation, control, and its effectiveness. Methods: In this scoping review, peer-reviewed research and review articles, discussion papers, public documents relating to medicine pricing policies were reviewed. The search strategy was structured according to STARLITE principles. The key search terms and phrases were "medicine prices", "causes of high medicine prices", " approaches towards medicine prices control", "national medicine policies", "international approaches towards medicine price control", "containment policies", and "effects of pricing policy on medicine". Results: Medicine pricing and price regulation policies were drafted and implemented with no optimal results and things don't seem to have improved much and remain as the distant goal. These policies were either less comprehensive, outdated and fell short in implementation especially in low and middle-income countries (LMICs) due to lack of funding, infrastructure or trained professional task force. Overall, none of the policy options was preferred. Multi-pronged policy options crafted in local context are required to tackle the issue. Conclusion: The authors identify gaps in the literature and propose advanced research in the area to strengthen the healthcare system by improving medicine pricing system in each country.

AB - Background: The access to affordable medicines is counted as a challenge, despite international measures taken towards cost containment and price regulation. Objective: To identify and review the literature on international approaches related to medicine price regulation, control, and its effectiveness. Methods: In this scoping review, peer-reviewed research and review articles, discussion papers, public documents relating to medicine pricing policies were reviewed. The search strategy was structured according to STARLITE principles. The key search terms and phrases were "medicine prices", "causes of high medicine prices", " approaches towards medicine prices control", "national medicine policies", "international approaches towards medicine price control", "containment policies", and "effects of pricing policy on medicine". Results: Medicine pricing and price regulation policies were drafted and implemented with no optimal results and things don't seem to have improved much and remain as the distant goal. These policies were either less comprehensive, outdated and fell short in implementation especially in low and middle-income countries (LMICs) due to lack of funding, infrastructure or trained professional task force. Overall, none of the policy options was preferred. Multi-pronged policy options crafted in local context are required to tackle the issue. Conclusion: The authors identify gaps in the literature and propose advanced research in the area to strengthen the healthcare system by improving medicine pricing system in each country.

KW - Medicine policy

KW - Medicine price

KW - Price control

KW - Regulation

UR - http://www.scopus.com/inward/record.url?scp=85018989269&partnerID=8YFLogxK

U2 - 10.7324/JAPS.2017.70434

DO - 10.7324/JAPS.2017.70434

M3 - Review article

VL - 7

SP - 227

EP - 241

JO - Journal of Applied Pharmaceutical Science

JF - Journal of Applied Pharmaceutical Science

SN - 2231-3354

IS - 4

ER -