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Value Based Pricing in Sweden: Lessons for Design?

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  • Ulf Persson

Abstract

In this Seminar Briefing, Ulf Persson recounts Sweden’s experience with its approach to value based pricing (VBP). The model is a flexible approach that gives weight to cost-offsets outside the health sector and emphasises both encouraging innovation and enhancing access through such options as coverage with evidence development. He offers a series of examples to demonstrate how Sweden has addressed issues that any VBP system will face, including access to orphan drugs. Prof Persson concludes that VBP in Sweden has been successful. It has avoided critics’ fears that the result would be rapid rises in medicines spending and has found mutually acceptable solutions for rewarding innovation and encouraging early access to important new therapies.

Suggested Citation

  • Ulf Persson, 2012. "Value Based Pricing in Sweden: Lessons for Design?," Seminar Briefing 000141, Office of Health Economics.
    • Handle: RePEc:ohe:sembri:000141
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    File URL: https://www.ohe.org/publications/value-based-pricing-sweden-lessons-design/attachment-377-vbp-in-sweden-persson-2012/
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    References listed on IDEAS

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    4. Cam Donaldson, 2011. "Willingness to Pay and Publicly Funded Health Care: Contradiction in Terms?," Seminar Briefing 000173, Office of Health Economics.
    5. Ulf Persson & Michael Willis & Knut Ödegaard, 2010. "A case study of ex ante, value-based price and reimbursement decision-making: TLV and rimonabant in Sweden," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 11(2), pages 195-203, April.
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    7. Michael Willis & Marianne Svensson & Mickael Löthgren & Bo Eriksson & Anders Berntsson & Ulf Persson, 2010. "The impact on schizophrenia-related hospital utilization and costs of switching to long-acting risperidone injections in Sweden," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 11(6), pages 585-594, December.
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    Cited by:

    1. Ulf Persson & J. M. Norlin, 2018. "Multi-indication and Combination Pricing and Reimbursement of Pharmaceuticals: Opportunities for Improved Health Care through Faster Uptake of New Innovations," Applied Health Economics and Health Policy, Springer, vol. 16(2), pages 157-165, April.

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    Keywords

    Value Based Pricing in Sweden: Lessons for Design?;

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health

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