4.5 Article

How Managed Entry Agreements Influence the Patients' Affordability to Biological Medicines-Bulgarian Example

Journal

HEALTHCARE
Volume 11, Issue 17, Pages -

Publisher

MDPI
DOI: 10.3390/healthcare11172427

Keywords

biologics; affordability; reimbursement; managed entry agreement

Ask authors/readers for more resources

This study evaluates the affordability of biological medicines for patients in Bulgaria from 2019 to 2022. It found that Bulgarian patients need to spend a large proportion of their income to buy medicines, especially if they require co-payment. The number of working hours required to purchase a package of biologicals ranged from 7 to 137 hours.
Managed entry agreements are applied in almost all European countries in order to improve patients' access to therapy. The current study aims to evaluate the changes in the affordability of biological medicines for patients in Bulgaria during 2019-2022. The study is a top-down macroeconomic analysis of the key economic indicators and reimbursed costs of biologic therapies. Affordability was determined as the number of working hours needed to pay for monthly therapy. The average NHIF budget for pharmaceuticals increased significantly along with inflation in the healthcare sector. Bulgarian patients had to devote a large part of their income to buying medicines if a co-payment existed. The percentage of the monthly income of pensioners needed for therapy co-payment varied between 10% and 280%. The hours of work required to purchase a package of biologicals varied between 7 and 137 working hours. The global economic crisis has affected Bulgaria and led to worsening economic parameters. There are still no well-established practices to control public spending, as the measures taken to reduce the final cost of medicines mainly affect the pharmaceutical companies. This type of cost-containment policy provides an opportunity for innovative treatment with biologicals for patients with inflammatory diseases. Most of the therapies cost more than the patients' monthly income.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.5
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available