CHANGES OF THE HUNGARIAN HEALTH INSURANCE PHARMACEUTICAL BUDGET BETWEEN 2007-2013

Author(s)

Boncz I1, Ágoston I1, Csákvári T2, Vajda R1, Molics B1, Oláh A1, Danku N1, Répásy B1, Endrei D1
1University of Pécs, Pécs, Hungary, 2University of Pécs, Zalaegerszeg, Hungary

OBJECTIVES: At the end of 2006, there was an important reform in the Hungarian pharmaceutical market, including serious changes in the health insurance reimbursement of medicines. The aim of our study is to analyze the changes in the Hungarian health insurance pharmaceutical budget between 2007-2013. METHODS: Data were derived from the nationwide administrative dataset of the National Health Insurance Fund Administration (OEP), the only health care financing agency in Hungary. We analyzed the changes of the health insurance pharmaceutical budget between 2007-2013. Results are given in Hungarian Forint (HUF) and US dollars (USD). The annual average currency exchange rates were applied according to the data of the Central Bank of Hungary. RESULTS: The Hungarian pharmaceutical budget was 323.6 (2007), 325.7 (2008), 343.2 (2009), 357.2 (2010), 376.9 (2011), 315.1 (2012) and 280.0 (2013) billion HUF. The average annual exchange rate between Hungarian Forint and US dollar was 183.83 (2007), 171.80 (2008), 202.26 (2009), 208.15 (2010), 200.94 (2011), 225.37 (2012) and 223.70 (2013), which means that Hungarian Forint significantly weakened compared to USD. After the changes in currency exchange rate, the Hungarian pharmaceutical budget measured by US dollars was 1.76 (2007), 1.90 (2008), 1.70 (2009), 1.72 (2010), 1.88 (2011), 1.40 (2012) and 1.25 (2013) billion USD. The decrease of pharma reimbursement budget from 2011 to 2013 was more significant in USD dollar (33.3 %) than in Hungarian Forint (25.7 %) due to the weakened Hungarian currency. CONCLUSIONS: Due to the reform of the whole Hungarian pharmaceutical market, the Hungarian health insurance pharmaceutical budget significantly changed between 2007-2013. This change was more remarkable in USD as the Hungarian currency weakened compared USD during the world economic crisis.

Conference/Value in Health Info

2015-05, ISPOR 2015, Philadelphia, PA, USA

Value in Health, Vol. 18, No. 3 (May 2015)

Code

PHP21

Topic

Health Policy & Regulatory

Topic Subcategory

Pricing Policy & Schemes

Disease

Multiple Diseases

Explore Related HEOR by Topic


Your browser is out-of-date

ISPOR recommends that you update your browser for more security, speed and the best experience on ispor.org. Update my browser now

×