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Rationalizing health care expenditure in Greece - Essay Example

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Health Care Expenditure in Greece Your City Health Care Expenditure in Greece I. Introduction The rationale of the health care expenditure in Greece can be based on the effectiveness of healthcare program funded by the government…
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Rationalizing health care expenditure in Greece
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Rationalizing health care expenditure in Greece

Download file to see previous pages... Consumers not only take into account cost and quality of the health care, but they also consider factors such as transport, amenities, convenience, and location. In order to effect decision making, weights for these things must be developed. It is of considerable significance to take care of the quality consequences of measurement, which entails measurement of the effect of quality reporting on the part of the decision-making by the consumers, (European Commision on Health Care 2012, p.1). Some of the measures that can be used to critically analyze the rationale of healthcare expenditure would be effective if the Greece government has its main basis in the pharmaceutical expenditures. These include external reference pricing, internal reference pricing; price updates (bulletins), Vat, Health technology assessment, positive or negative lists, discounts, payback, claw back, risk-sharing agreements, public tendering, and generic substitution. Other techniques used involve the use of the marginal cost per unit of health care which is obtained in varied interventions for the same condition without trying to monetize the gain of the health care is the cost-effective analysis (Gray 2006, p.45). ...
Such pharmaceutical expenditures include external and reference pricing, Vat, price updates (bulletins), health technological assessment, positive or negative list, discounts, payback, claw back, risk-sharing agreements, public tendering, and generic substitution (Kanavos et al., 2009, p.78). Pharmaceutical industries, in Greece, produce medicines with the highest specifications, and ensure that the exportation of such manufactured medicines to more than 1oo countries. The pharmaceutical industries have also taken the initiative of introducing discount policy together with a free and open competitive pricing system to social insurance funds. Such free discount and pricing systems will ensure that sufficient supply of medicinal products in the market; since, these systems will limit parallel export (Vrijens et al., 2010, p.56). Additionally, these systems will be of considerable significance in the reduction of illegal circulation of authenticity tags. Such illegal circulations force the insurance funds to pay for medicines, which patients have not received; hence, increasing the level of reimbursement fraud. Therefore, these systems will decrease such frauds; hence, rationalizing health care expenditures (Dylist et al., 2011a). Non-reimbursed medicinal products are included in the negative list. Positive reimbursement list bring together generics and original products to reduce health care expenditures. Health care system decided, in early 2010, to cover only the drugs that are included in the positive list, and which are prescribed for approved indications. However, these measures may deny a patient the chance to access some innovative treatments. Greece government is also urging doctors and other physicians to ...Download file to see next pagesRead More
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