Does external reference pricing deliver what it promises? Evidence on its impact at national level

ConclusionsERP has not regulated prices efficiently and has unintended consequences that reduce the benefits arising from it. If ERP is carefully designed with minimal price revisions, prudent selection of basket size and countries, and consideration of transaction prices, it could be a more effective mechanism enhancing welfare, equitable access to medicines within countries and help  promote industry innovation.
Source: The European Journal of Health Economics - Category: Health Management Source Type: research