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60 Years after Kefauver: Household income required to buy prescription drugs in the United States and abroad
UMB Dataset

UID: 199

Author(s): T. Joseph Mattingly II*, Dominique Seo, Adam M. Ostrovsky, David J. Vanness, Rena M. Conti * Corresponding Author
Description
Using the framework of the historical analysis presented to the Senate Subcommittee on Antitrust and Monopoly, drug prices relative to income in the United States are compared to other Organization for Economic Co-Operation and Development (OECD) countries to improve treatment access and affordability. Countries were selected based on drug price and income data availability and inclusion in the OECD. 40 drugs, 20 brand name and 20 generic, were selected based on revenue sales and prescription volume in 2018. Domestic pricing data included list price, measured by Average Wholesale Price (AWP), and retail price available on GoodRx.com. International drug price data was sourced from publicly available databases on individual country websites. The first analysis illustrates the percentage of household disposable income needed to cover a year supply of a select product. The second analysis illustrates country-specific difference in drug affordability. The last analysis examines the percent of resources an average family, about three persons, would spend on medication in the United Sates if they were a member of different income groups.
Timeframe
2018
Geographic Coverage
Australia
Canada
Czech Republic
Denmark
France
Netherlands
New Zealand
Norway
Portugal
Sweden
United States
Subject Domain
Keywords
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Datatables

Access Restrictions
Unrestricted access
Access Instructions
Access data via article and supplementary materials
Associated Publications
Data Type
Study Type
Observational
Dataset Format(s)
DOCX
Data Collection Instruments
Micromedex
Dataset Size
4.6 mb