Pharmaceutical company pays back to the hospital
through negative market
Cause of Rebate in Korea
K-1. Special characteristics of Medical industry
Patients have no option in choice of drugs
Doctors have the incentive to use their
professionalism to maximize their profits
through negative rebate
Drug Policy
Reimbursement System of the Average Actual Price
- Hospitals or
to doctors who make decision about pharmaceutical prescription
The goal of this policy is increasing a sense of cost to doctor and improving medical treatment.
Characteristic
Doctors are able to get an incentive when they make a goal that follows the guide-line or expends some cost subject to budget.
Direct way: Affecting doctor’s income
Indirect way: Profit for clinics or patients
pharmaceutical industry.
(1)-2 The changes of the drug pricing system
In 1958 the minister of labor welfare has established the current drug pricing system which determines the purchase price and is updated every 2 years.
The introduction of the Bulk Line method: by using the drug price investigation results as a reference, we line up the lowest trading costs of individua
abbreviation A.P. is one of the 28 states of India, situated on the country's southeastern coast. It is India's fourth largest state by area and fifth largest by population. Its capital and largest city is Hyderabad. Andhra Pradesh is bordered by Maharashtra, Chhattisgarh and Orissa in the north, the Bay of Bengal in the east, Tamil Nadu to the south and Karnataka to the west.
According to the
Chapter 1. Indian Pharmaceutical Market Overview
1.1 Scale of Pharmaceutical Market
1.1.1 Domestic pharmaceutical market
India is among the fastest growing pharmaceutical markets in the world. The domestic pharmaceutical market recorded sales of US$ 7.3 billion in 2006 with a growth of 17.5 per cent over the previous year.
1.1.2 Pharmaceutical Industry
The Indian pharmaceutical industry