Hilary Daniel, BS; for the Health and Public Policy Committee of the American College of Physicians *
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Requests for Single Reprints: Hilary Daniel, BS, American College of Physicians, 25 Massachusetts Avenue NW, Suite 700, Washington, DC 20001; e-mail, firstname.lastname@example.org.
Conception and design: H. Daniel, D.M. DeLong, R.H. Lohr, D.V. Moyer, K.E. Olive, F.Z. Syed.
Analysis and interpretation of the data: J.F. Bush, H. Daniel, S.U. Rehman.
Drafting of the article: H. Daniel, D.V. Moyer, F.Z. Syed.
Critical revision for important intellectual content: M. Beachy, M. Biermann, H. Daniel, D.M. DeLong, G.C. Kane, R.H. Lohr, D.V. Moyer, S.U. Rehman, F.Z. Syed.
Final approval of the article: M. Beachy, M. Biermann, S.S. Bornstein, J.F. Bush, H. Daniel, D.M. DeLong, G.A. Hood, C.A. Horwitch, G.C. Kane, R.H. Lohr, D.V. Moyer, K.E. Olive, S.U. Rehman, F.Z. Syed.
Collection and assembly of data: H. Daniel, F.Z. Syed.
This American College of Physicians position paper, initiated and written by its Health and Public Policy Committee and approved by the Board of Regents on 16 February 2016, reports policy recommendations from the American College of Physicians to address the escalating costs of prescription drugs in the United States. Prescription drugs play an important part in treating and preventing disease. However, the United States often pays more for some prescription drugs than other developed countries, and the high price and increasing costs associated with prescription medication is a major concern for patients, physicians, and payers. Pharmaceutical companies have considerable flexibility in how they price drugs, and the costs that payers and patients see are dependent on how payers are able to negotiate discounts or rebates. Beyond setting list prices are issues of regulatory approval, patents and intellectual property, assessment of value and cost-effectiveness, and health plan drug benefits. These issues are linked, and comprehensive efforts will be needed to affect how drugs are priced in the United States.
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Daniel H, for the Health and Public Policy Committee of the American College of Physicians. Stemming the Escalating Cost of Prescription Drugs: A Position Paper of the American College of Physicians. Ann Intern Med. ;165:50–52. doi: 10.7326/M15-2768
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Published: Ann Intern Med. 2016;165(1):50-52.
Published at www.annals.org on 29 March 2016
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Print ISSN: 0003-4819 | Online ISSN: 1539-3704
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