A cost-effectiveness approach to drug subsidy and pricing in Australia.

  title={A cost-effectiveness approach to drug subsidy and pricing in Australia.},
  author={Donald Birkett and Anna S Mitchell and Peter McManus},
  journal={Health affairs},
  volume={20 3},
The Australian government offers its citizens subsidies on a select list of pharmaceuticals. For a drug to qualify for inclusion on this list, its manufacturer must demonstrate that the drug is both clinically effective and cost-effective. In part, this measure, along with others, was introduced to improve clinical and economic outcomes. Although this evidence-based system has provided transparency and consistency in decision making about which drugs will be covered, it may not have contained… CONTINUE READING

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