HOME >> MEDICINE >> NEWS
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
Clarkmar@paho.org
202-974-3083
Pan American Health Organization
15-May-2003


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:
*Name:
*Comment:
*Email:


(Date:2/13/2019)... OMAHA, Neb. (PRWEB) , ... February 13, 2019 , ... ... – Employer of Choice Award from Home Care Pulse. The Employer of Choice Award ... gathered by Home Care Pulse, an independent satisfaction research firm for home care. A ...
(Date:2/13/2019)... ... February 13, 2019 , ... Asana Recovery is accepting applications from college-bound ... to pursue a medical-related course of study in California, the $1,000 scholarship will be ... and mental health treatment, and how it has led them to their chosen field ...
(Date:2/13/2019)... ... February 13, 2019 , ... ... the esteemed Haute Beauty network. , The Haute Beauty Network, well known ... as a leading Aesthetic surgeon and our newest addition to the Haute Living ...
(Date:2/12/2019)... ... 12, 2019 , ... A technology company that aims to ... won the top award at the 9th annual SPIE Startup Challenge at Photonics ... pitch, nabbing a combined first prize of $15,000. Radiance 4D’s revolutionary 3D printing ...
(Date:2/12/2019)... ... February 12, 2019 , ... ... to increase patient satisfaction, improve patient retention, and reduce patient outmigration for attendees ... 11-14. HIMSS provides Surgical Theater with a great venue to highlight the ...
Breaking Medicine News(10 mins):
(Date:2/13/2019)... , ... February 13, 2019 , ... According to the ... now has a BMI of 26.5, which is considered overweight (the healthy range is ... of the 1980’s into the new millennium, and now news outlets are regularly reporting ...
(Date:2/13/2019)... ... 13, 2019 , ... Rowdy Prebiotic Foods is ... at Natural Products Expo West from March 6-8, 2019. Rowdy will ... , The Sunflower Butter N’ Berries bar features fresh bursts of ...
(Date:2/13/2019)... ... 13, 2019 , ... WellRyde, a nuVizz Inc transportation solution, announces the successful ... initial launch of Trip Market in early August 2018, WellRyde has seen an increase ... time, Trip Market has contributed significantly to the annual trip volume of 16+ Million ...
Breaking Medicine Technology:
Cached News: