homehome Home chatchat Notifications


Retails drug price varied by more than 600% among 10 high-income countries

Average expenditures are lower among single-payer financing systems, the study found.

Tibi Puiu
June 12, 2017 @ 7:51 pm

share Share

Researchers looked at the volume and daily cost of primary care prescriptions in 10 high-income countries with universal health care. Everyone expected to see some pretty wild variation but not quite like this. For drugs in the six largest categories of primary care, pricing varied by more than 600%, and that’s not including the famous highly priced American pharmaceuticals. The United States was not included in the study because it does not offer universal health care.

pharmaceuticals

Credit: Pixabay.

The countries analyzed by the researchers include Australia, Canada, France, Germany, the Netherlands, New Zealand, Norway, Sweden, Switzerland and the United Kingdom. The focus was on pharmaceuticals from 6 widely used categories purchased at retail pharmacies rather than in a hospital setting like:

  • hypertension treatments;
  • pain medications (nonsteroidal anti-inflammatory drugs as well as opioids);
  • cholesterol-lowering drugs;
  • noninsulin diabetes treatments;
  • gastrointestinal medications and
  • antidepressants.

The Canadian researchers measured the frequency of use and calculated how much the therapy costs in each country.

Across countries, the average annual per capita expenditure on the primary care medicines studied varied by more than 600%: from $23 in New Zealand to $171 in Switzerland.

In the 5 countries with universal, single-payer coverage of prescription medications, the average per-person cost was $77. Average costs were $99 in the 4 countries with universal social insurance for prescription drugs. In Canada, whose system is a mix of private and public financing, the annual cost was $158.

“The volume of therapy purchased in Canada was about the same as that in the comparator countries; however, Canadians spent an estimated $2.3 billion more than they would have in 2015 if these primary care treatments had had the same average cost per day in Canada as in the 9 comparator countries combined,” writes Dr. Steven Morgan, School of Population and Public Health, University of British Columbia, with coauthors.

The findings suggest that citizens living in countries with single-payer financial systems get the best deals as the system seems to promote lower prices. Universal pharmacare could thus help reduce prices for consumers in both Canada and the United States.

“Average expenditures are lower among single-payer financing systems, which appear to promote lower prices and selection of lower-cost treatment options within therapeutic categories,” the study authors conclude in the journal CMAJ.

 

share Share

The Universe’s First “Little Red Dots” May Be a New Kind of Star With a Black Hole Inside

Mysterious red dots may be a peculiar cosmic hybrid between a star and a black hole.

Peacock Feathers Can Turn Into Biological Lasers and Scientists Are Amazed

Peacock tail feathers infused with dye emit laser light under pulsed illumination.

Helsinki went a full year without a traffic death. How did they do it?

Nordic capitals keep showing how we can eliminate traffic fatalities.

Scientists Find Hidden Clues in The Alexander Mosaic. Its 2 Million Tiny Stones Came From All Over the Ancient World

One of the most famous artworks of the ancient world reads almost like a map of the Roman Empire's power.

Ancient bling: Romans May Have Worn a 450-Million-Year-Old Sea Fossil as a Pendant

Before fossils were science, they were symbols of magic, mystery, and power.

This AI Therapy App Told a Suicidal User How to Die While Trying to Mimic Empathy

You really shouldn't use a chatbot for therapy.

This New Coating Repels Oil Like Teflon Without the Nasty PFAs

An ultra-thin coating mimics Teflon’s performance—minus most of its toxicity.

Why You Should Stop Using Scented Candles—For Good

They're seriously not good for you.

People in Thailand were chewing psychoactive nuts 4,000 years ago. It's in their teeth

The teeth Chico, they never lie.

To Fight Invasive Pythons in the Everglades Scientists Turned to Robot Rabbits

Scientists are unleashing robo-rabbits to trick and trap giant invasive snakes