Argentina's largest health system works to lower drug costs

Argentina is the testing ground for what is believed to be the world's first experiment of its kind to both cope with rising drugs costs and also improve services to senior citizens and disabled persons, two of the country's most vulnerable population groups.

The National Institute of Social Services for Retirees and Pensioners (NISSRP) ("Instituto Nacional de Servicios Sociales para Jubilados y Pensionados") is Argentina's single largest health system. Among other services, the NISSRP provides outpatient drug coverage and cancer treatment medications to its more than 3.3 million beneficiaries, including retired workers, pensioners with a disability such as a physical or mental disorder, war veterans, and the dependents of these beneficiaries.

As rising prices for prescription medications began to take their toll on both the NISSRP and its beneficiaries, through the beneficiaries' copayment obligations, the NISSRP turned its attention to the country's drug companies. Aware of the economic clout of this group, in 1997 the NISSRP approached the pharmaceutical industry and successfully negotiated an agreement with a consortium of more than 200 enterprises to transfer to them the risk of increasing pharmaceutical costs in exchange for a fixed monthly payment by the NISSRP.

Argentina is believed to be the first nation in the world to ever test this type of risk contract as a way to control drug expenditures. The preliminary results of this experiment--a comparative analysis of NISSRP beneficiaries' consumption trends in 1996, before the agreement went into effect, with those for 1999, two years following the arrangement's initiation--are featured in an English-language article in the April 2003 issue of the "Revista Panamericana de Salud Pblica/Pan American Journal of Public Health," a journal published by the Pan American Health Organization (PAHO). (The article can be viewed for free on the PAHO Web site (http://www.paho.org) by searching for

Contact: Mara Luisa Clark
Pan American Health Organization

Page: 1 2

Related medicine news :

1. Anniversary of one of the largest hepatitis A outbreaks in the US brings experts together
2. ESA at the worlds largest medical exhibition
3. Worlds largest medical eye meeting to be held in New Orleans
4. Worlds largest scientific society holds regional meeting Sept. 29 - Oct. 2 in Fort Worth
5. Envisat Symposium day one: Steady symphony of Europes largest satellite
6. Worlds largest scientific society convenes regional meeting May 30 - June 2 in Chicago
7. Exanta - pivitol data from largest ever phase III stroke prevention trial announced at ACC
8. Worlds largest scientific society announces subjects, dates for 2003 ACS ProSpectives Conferences
9. Nations two largest medical specialty groups issue migraine treatment guidelines
10. Home injury found to be a major cause of deaths, largest study of its kind finds
11. LIFE-SAVER: Worlds largest cholesterol-lowering trial reveals massive benefits for high-risk patients

Post Your Comments:

(Date:11/16/2018)... ... November 16, 2018 , ... Specialty MED Training , a subsidiary ... complex located in the heart of Delray Beach, Florida. TED, which stands for Technology, ... Florida Woman Owned Business Center . , “We are honored to be ...
(Date:11/16/2018)... ... November 16, 2018 , ... Nutrex Research has ... product called Lipo-6 Defining Gel . Utilizing TopiSorbTM Technology, this gel quickly absorbs ... and fatty deposits have met their match. , Maximizing fat loss by applying ...
(Date:11/16/2018)... , ... November 16, 2018 , ... ... and other ailments through intravenous medications and antioxidants, has changed its name to ... hydration. , “While we’ve always focused on IV therapy and IV hydration through ...
(Date:11/16/2018)... (PRWEB) , ... November 16, 2018 , ... ... Risk Management Framework (RMF) approved, cloud-based Force Protection and Emergency Management solutions who ... an enterprise contract to provide these services Army-wide. , Under the contract, E-9 ...
(Date:11/16/2018)... (PRWEB) , ... November 16, 2018 , ... ... the launch of a new corridor from Canada to India. The marketplace currently ... According to the Canadian International Development Platform, in 2016, an estimated $23.3 billion ...
Breaking Medicine News(10 mins):
(Date:11/17/2018)... ... 16, 2018 , ... The International Society of Hair Restoration (ISHRS) recently held ... over the world. The event, held in Hollywood, California from October 10th-14th, was chaired ... Dr. Mohebi, the founder of Parsa Mohebi Hair Restoration in Los Angeles, ...
(Date:11/17/2018)... ... November 17, 2018 , ... ... “Information Matrix.” This educational and informative television series highlight the evolution of medicine, ... those on the inside. A new segment of the award-winning series focuses on ...
(Date:11/17/2018)... Calif. (PRWEB) , ... November 17, 2018 , ... Sublime ... a opioid overdose. After Bradley's death his family created the nonprofit 501(c)3, The ... through the combined strength of the music industry and those who have been touched ...
Breaking Medicine Technology:
Cached News: