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The Economics of New Health TechnologiesIncentives, organization, and financing$
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Joan Costa-Font, Christophe Courbage, and Alistair McGuire

Print publication date: 2009

Print ISBN-13: 9780199550685

Published to Oxford Scholarship Online: February 2010

DOI: 10.1093/acprof:oso/9780199550685.001.0001

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Health insurance and the uptake of new drugs in the United States

Health insurance and the uptake of new drugs in the United States

Chapter:
(p.109) Chapter 7 Health insurance and the uptake of new drugs in the United States
Source:
The Economics of New Health Technologies
Author(s):

Marin Gemmill

Victoria Serra-Sastre

Joan Costa-Font

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199550685.003.0007

This chapter investigates the effect of health insurance coverage on the use of relatively new prescription drugs. It focuses on statins, a class of lipid-lowering drugs that were considered a major breakthrough after a number of important clinical trials were published. The chapter is organized as follows: Section 2firstly it briefly reviews the literature on technology diffusion and the relationship between insurance and consumption, and also covers the institutional setting in the United States. Next it offers a model of pharmaceutical adoption. The next section provides the results of the analysis. Finally it concludes with a discussion of the results and the policy implications.

Keywords:   health insurance coverage, drug use, new prescription drugs, statins, technology diffusion

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