UK government recognises perils of reference pricing in light of new value based pricing system
This article was originally published in Scrip
Executive Summary
The UK government says it recognises that it needs to "be careful" with regard to reference pricing as it prepares to move forward with plans for a new value based pricing system. Earl Howe, under secretary for England's department of health, has hinted that the government was considering mechanisms that would shield industry from reference pricing by allowing companies to offer discounts on the agreed value or list price.