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Home » News » HEOR Policy Experts Present Drug Pricing Reform Options, Discuss FDA’s Accelerated Approval Mechanism and Pricing Negotiation

HEOR Policy Experts Present Drug Pricing Reform Options, Discuss FDA’s Accelerated Approval Mechanism and Pricing Negotiation

Health economics and outcomes research (HEOR) experts at the USC-Brookings Schaeffer Initiative for Health Policy and the Washington University School of Law reveal a framework intended to guide discussions and policy on drug pricing reform. Their comprehensive framework details Medicare Part D expansion, the Food and Drug Administration’s accelerated approval mechanism, pricing negotiation, and repurposing existing drugs.

The authors remark, “In this post, we present a framework for categorizing and analyzing a wide range of proposed policy reforms for prescription drug pricing. We argue that policymakers should think about reform options as fitting within three sets of categories: (1) those focusing on patients’ out-of-pocket costs; (2) those targeting problematic incentives for various stakeholders within the system; and (3) those addressing the high prices of particular drugs.” Read more here.

(Source: Rachel Sachs, Loren Adler, and Paul Ginsburg, USC-Brookings Schaeffer Initiative for Health Policy, 8/31/21)



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