Glossary
P
A pricing policy in which medicine prices are discussed and agreed by seller and purchaser (e.g. between manufacturer and third party payer).
In…
A form of pricing procedure where pharmaceutical companies can freely set the price of a medicine (free pricing) but have to officially inform the…
Evaluation of the price of all, or groups of, medicines, typically in comparison to the prices of the same medicines in other countries, in order to…
Any research that investigates prices, or price components, of medicines in a single country or across countries at a specific date or over time. A…
Price study that aims to access and collect medicine price data according to a predefined methodology
Synonym: Medicine Price Surveyy
Last update:…
The level (i.e. stage in the supply chain) at which the price of a medicine is set. Common price types include:
- ex-factory price
- pharmacy…
Payments to a provider (e.g. to community pharmacy in case of pharmacy distribution) designed in a way that they are linked to the price of a…
Agreements which focus on controlling financial expenditure with pharmaceutical companies refunding over budget situations. Cf, managed entry…
Action by a government authority to set the price of a medicine and/or indirectly influence it (e.g. through pricing policies) for different price…
A body responsible for recommending, setting or controlling/monitoring the price of a medicine. It may be composed of representatives of different…
Regulations and actions taken by government authorities to set the price of a medicine as part of exercising price control. Strategies by private…
This term includes all forms of out-of pocket payments:
» co-payments:
* percentage co-payment,
* fixed co-payment,
* deductibles
as well as
» direct…
The totality of privately owned institutions and individuals providing health care, including private insurers. Private health care can be provided…
The price stated as the outcome of a procurement or tendering procedure. The tenderer that offered the most advantageous bid (with price as one key…
A process to purchase goods and services (e.g. medicines) that involves many steps and many stakeholders based on national, or supranational,…
Any organisation purchasing or otherwise acquiring any pharmaceutical product, vaccine or nutraceutical for human use.
Procurement procedures describe award processes that are defined by law to conduct a procurement. The EU Public Procurement law defines four…
Procurement techniques relate to different methods for managing a procurement procedure, e.g. by making use of e-procurement or repetitive calls for…
Eligibility for reimbursement depends on the medicine in question (either a medicine is considered as reimbursable or as non-reimbursable).
Last…
A profit framework is negotiated periodically between the state and the pharmaceutical industry. This framework is fixed for each individual…