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Erschienen in: Administration and Policy in Mental Health and Mental Health Services Research 4/2016

04.06.2015 | Original Article

Projected Spending on Psychotropic Medications 2013–2020

verfasst von: Dominic Hodgkin, Cindy Parks Thomas, Peggy L. O’Brien, Katharine Levit, John Richardson, Tami L. Mark, Kevin Malone

Erschienen in: Administration and Policy in Mental Health and Mental Health Services Research | Ausgabe 4/2016

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Abstract

Spending on psychotropic medications has grown rapidly in recent decades. Using national data on drug expenditures, patent expirations, future drug development and expert interviews, we project that spending will grow more slowly over the period 2012–2020. The average annual increase is projected to be just 3.0 % per year, continuing the steady deceleration in recent years. The main drivers of this expected deceleration include slower development of new drugs, upcoming patent expirations which will lower prices, and payers’ growing ability to manage utilization and promote generic use. The slowdown will relieve some cost pressures on payers, particularly Medicare and Medicaid.
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1
The six experts were: Donald Goff, M.D. (New York University), Steven E. Hyman, M.D. (Harvard University), Raye Z. Litten, Ph.D. (National Institute on Alcohol Abuse and Alcoholism), Andrew A. Nierenberg, M.D. (Massachusetts General Hospital), William Potter (National Institute of Mental Health), Eric C. Strain, M.D., (Johns Hopkins Bayview Medical Center).
 
2
The concept of generic entry here is admittedly somewhat simplified, as we do not distinguish markets with “Paragraph 4 challenges,” where a single generic manufacturer obtains generic exclusivity for an initial period of 180 days. In these markets, one would expect a less dramatic differential between the introductory generic price and the brand price and possibly slower growth of the generic share. However, these issues would be difficult to address in data summarized by year, and they are unlikely to affect long-range predictions.
 
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Metadaten
Titel
Projected Spending on Psychotropic Medications 2013–2020
verfasst von
Dominic Hodgkin
Cindy Parks Thomas
Peggy L. O’Brien
Katharine Levit
John Richardson
Tami L. Mark
Kevin Malone
Publikationsdatum
04.06.2015
Verlag
Springer US
Erschienen in
Administration and Policy in Mental Health and Mental Health Services Research / Ausgabe 4/2016
Print ISSN: 0894-587X
Elektronische ISSN: 1573-3289
DOI
https://doi.org/10.1007/s10488-015-0661-x

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