Why are pharmacy acquisition costs and consumer prescription drug price indices apparently diverging?

Abstract:

:Pharmacy acquisition costs for prescription (Rx ) drugs have been trending below levels implied by the Bureau of Labor Statistics' (BLS) Consumer Price Index for Rx drugs, with the divergence higher when generic approvals are high. Dropping the first 6 months of generic sales from price indices calculated from pharmacy acquisition costs eliminates most of the difference between such indices and BLS indices.

journal_name

Health Econ

journal_title

Health economics

authors

Wolff C,Lutter R

doi

10.1002/hec.4165

subject

Has Abstract

pub_date

2020-12-01 00:00:00

pages

1721-1727

issue

12

eissn

1057-9230

issn

1099-1050

journal_volume

29

pub_type

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