PAYER ARCHETYPING – EXPANDING HORIZONS
Author(s)
Campbell J, Roibu C, Ivanova H, Macaulay R
PAREXEL International, London, UK
Presentation Documents
OBJECTIVES: The traditional pharmaceutical market model is being challenged by the emergence of middle-income countries with rapidly growing economies, healthcare coverage, and willingness-to-pay for medicines. Understanding how these emerging markets determine appropriate pricing and reimbursement for public healthcare coverage of new therapies will thus become increasingly important considerations for global product launches. This research aims to analyse pricing and reimbursement processes across a broad range of markets and archetype these into groups based on commonalities in key decision-drivers. METHODS: RESULTS: Four payer archetypes for public healthcare technology reimbursement were identified and countries were classified into: cost-effectiveness driven, budget impact driven, competitive tendering driven, and clinical-benefit driven. Of the markets assessed, 27% (9/30) were cost-effectiveness driven (Australia, Canada, Colombia, Ireland, Netherlands, England, Republic of Korea, and Sweden), 50% (15/30 were budget impact driven (Argentina, Austria, Brazil, Chile, China, Finland, Indonesia, Iran, Israel, Italy, Mexico, Poland, Russian Federation, South Africa and Spain), 7% (2/30) were competitive tendering (the USA and India), and 17% (5/30) were clinical-benefit driven (Belgium, France, Germany, Japan, Switzerland). CONCLUSIONS: Optimal pricing and reimbursement in emerging markets is becoming increasingly important in determining the global commercial success of new medicines. This research identifies common criteria from their diverse pricing and reimbursement processes and groups these into discrete archetypes. Utilizing these groupings can better enable companies to appropriately and efficiently develop strategic decision-making, evidence generation, and communication plans that can be inclusive of the needs of emerging markets.
Conference/Value in Health Info
2018-11, ISPOR Europe 2018, Barcelona, Spain
Value in Health, Vol. 21, S3 (October 2018)
Code
PHP60
Topic
Health Policy & Regulatory, Health Service Delivery & Process of Care, Health Technology Assessment
Topic Subcategory
Approval & Labeling, Decision & Deliberative Processes, Health Care Research, Health Disparities & Equity, Pricing Policy & Schemes, Reimbursement & Access Policy, Risk-sharing Approaches
Disease
Multiple Diseases