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:10/13/2017)... ... October 13, 2017 , ... Lori R. Somekh, founder of the ... national organization of elder law and special needs planning attorneys. “Membership in ElderCounsel helps ... provides a forum to network with elder law attorneys nationwide,” said Somekh. , ...
(Date:10/13/2017)... ... 2017 , ... Many families have long-term insurance that covers care for a ... waiver for care if the client has a cognitive impairment diagnosis. , “What ... is often waived, so the benefits from their insurance start immediately,” said Mechell Vieira, ...
(Date:10/13/2017)... York, NY (PRWEB) , ... October 13, 2017 , ... ... influential people in business to advocate for action towards gender equality at their inaugural ... views from around the globe, and reached a social audience of over 3 million. ...
(Date:10/13/2017)... ... 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of ... popular and least understood books in the Holy Scriptures, Revelation. The Book of Revelation ... scholars for centuries. Many have tossed it off as mere rubbish, but Yisrayl Hawkins ...
(Date:10/13/2017)... ... October 13, 2017 , ... ... Software Development, has been awarded a contract by the Center for Medicare and ... aims to accelerate the enterprise use of Agile methodologies in a consistent and ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... received FDA 510(k) clearance in May 2017 for its highly anticipated ... for endoscopy environments. An innovative secondary monitor solution, ZeroWire Mobile ... the improvement of patient outcomes, procedural efficiency, and the lowering of ... ... By ...
(Date:10/7/2017)... 6, 2017   Provista, a proven leader ... billion in purchasing power, today announced a new resource ... The Newsroom is the online home for case ... expert bios, news releases, slideshows and events. ... wealth of resources at their fingertips, viewers can also ...
(Date:10/4/2017)... , Oct. 4, 2017  South Korean-based healthcare product ... training aide "cprCUBE" on Kickstarter. The device will educate ... cardiac arrests with better efficiency compared to the dated ... real-time feedback on efficacy of the compression for a ... has a goal to raise $5,000. ...
Breaking Medicine Technology:
Cached News: