Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl
BACKGROUND: Purchasing power parities (PPPs) are indicators of price level differences for all goods and services across countries. Their calculation follows the ÉKS method (https://ec.europa.eu/eurostat/cache/metadata/en/prc_ppp_esms.htm). Prices of pharmaceuticals are collected by national statist...
Published in: | European Journal of Public Health |
---|---|
Main Authors: | , |
Format: | Text |
Language: | English |
Published: |
Oxford University Press
2022
|
Subjects: | |
Online Access: | http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9593786/ https://doi.org/10.1093/eurpub/ckac129.343 |
id |
ftpubmed:oai:pubmedcentral.nih.gov:9593786 |
---|---|
record_format |
openpolar |
spelling |
ftpubmed:oai:pubmedcentral.nih.gov:9593786 2023-05-15T16:52:12+02:00 Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl Habl, C Zuba, M 2022-10-25 http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9593786/ https://doi.org/10.1093/eurpub/ckac129.343 en eng Oxford University Press http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9593786/ http://dx.doi.org/10.1093/eurpub/ckac129.343 © The Author(s) 2022. Published by Oxford University Press on behalf of the European Public Health Association. https://creativecommons.org/licenses/by/4.0/This is an Open Access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted reuse, distribution, and reproduction in any medium, provided the original work is properly cited. CC-BY Eur J Public Health Parallel Programme Text 2022 ftpubmed https://doi.org/10.1093/eurpub/ckac129.343 2022-11-27T01:31:11Z BACKGROUND: Purchasing power parities (PPPs) are indicators of price level differences for all goods and services across countries. Their calculation follows the ÉKS method (https://ec.europa.eu/eurostat/cache/metadata/en/prc_ppp_esms.htm). Prices of pharmaceuticals are collected by national statistical offices using different methods, from asking prices in pharmacies to retrieving scanner data. The sample is limited to 150 top-selling medicines, which are not available in all countries. Consequently, the PLIs (price level indices) and PPPs derived are sometimes based on only 50 pharmaceuticals. In a cooperation between Eurostat and EURIPID the PPP calculation was alternatively done with the EURIPID database for 28 countries. METHODS: The study compared the PLIs/PPPs derived from the E20-2 “Furniture and health” survey (aka CGS) with those from EURIPID for 2018-2020. The main challenge was to identify comparable products from the 224,448 products in EURIPID. For this we grouped those that shared the same 1) ATC, 2) active substance(s) & strength(s), 3) pack size group and 4) dosage form group (e.g., oromucosal) resulting in 157,186 distinctive products compared to 1,928 included in CGS. We used the Gross Retail price (GRP) as defined in the Eurostat PPP manual. RESULTS: The ranking of PPPs was similar in both approaches, with Switzerland and Iceland in the lead and Poland and Hungary in the end. Only for some countries, e.g. the Netherlands deviations were identified. The Pearson correlation between the 2020 PLI for the Euripid subsample using the asterisk method with all products marked as representative and the CGS results was 0,946. CONCLUSIONS: Results from EURIPID show the same trend as the CGS. It is possible to replace the national data collection by a central source. This would reduce the data collection burden on the statistical offices and allows a closer monitoring of the evolution of pharmaceutical prices (bi-annual PPP publication instead of current 3-year interval) KEY MESSAGES: • To monitor ... Text Iceland PubMed Central (PMC) European Journal of Public Health 32 Supplement_3 |
institution |
Open Polar |
collection |
PubMed Central (PMC) |
op_collection_id |
ftpubmed |
language |
English |
topic |
Parallel Programme |
spellingShingle |
Parallel Programme Habl, C Zuba, M Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl |
topic_facet |
Parallel Programme |
description |
BACKGROUND: Purchasing power parities (PPPs) are indicators of price level differences for all goods and services across countries. Their calculation follows the ÉKS method (https://ec.europa.eu/eurostat/cache/metadata/en/prc_ppp_esms.htm). Prices of pharmaceuticals are collected by national statistical offices using different methods, from asking prices in pharmacies to retrieving scanner data. The sample is limited to 150 top-selling medicines, which are not available in all countries. Consequently, the PLIs (price level indices) and PPPs derived are sometimes based on only 50 pharmaceuticals. In a cooperation between Eurostat and EURIPID the PPP calculation was alternatively done with the EURIPID database for 28 countries. METHODS: The study compared the PLIs/PPPs derived from the E20-2 “Furniture and health” survey (aka CGS) with those from EURIPID for 2018-2020. The main challenge was to identify comparable products from the 224,448 products in EURIPID. For this we grouped those that shared the same 1) ATC, 2) active substance(s) & strength(s), 3) pack size group and 4) dosage form group (e.g., oromucosal) resulting in 157,186 distinctive products compared to 1,928 included in CGS. We used the Gross Retail price (GRP) as defined in the Eurostat PPP manual. RESULTS: The ranking of PPPs was similar in both approaches, with Switzerland and Iceland in the lead and Poland and Hungary in the end. Only for some countries, e.g. the Netherlands deviations were identified. The Pearson correlation between the 2020 PLI for the Euripid subsample using the asterisk method with all products marked as representative and the CGS results was 0,946. CONCLUSIONS: Results from EURIPID show the same trend as the CGS. It is possible to replace the national data collection by a central source. This would reduce the data collection burden on the statistical offices and allows a closer monitoring of the evolution of pharmaceutical prices (bi-annual PPP publication instead of current 3-year interval) KEY MESSAGES: • To monitor ... |
format |
Text |
author |
Habl, C Zuba, M |
author_facet |
Habl, C Zuba, M |
author_sort |
Habl, C |
title |
Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl |
title_short |
Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl |
title_full |
Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl |
title_fullStr |
Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl |
title_full_unstemmed |
Calculation of Purchasing Power Parities for Pharmaceutical Products via EURIPID database: Claudia Habl |
title_sort |
calculation of purchasing power parities for pharmaceutical products via euripid database: claudia habl |
publisher |
Oxford University Press |
publishDate |
2022 |
url |
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9593786/ https://doi.org/10.1093/eurpub/ckac129.343 |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Eur J Public Health |
op_relation |
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9593786/ http://dx.doi.org/10.1093/eurpub/ckac129.343 |
op_rights |
© The Author(s) 2022. Published by Oxford University Press on behalf of the European Public Health Association. https://creativecommons.org/licenses/by/4.0/This is an Open Access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted reuse, distribution, and reproduction in any medium, provided the original work is properly cited. |
op_rightsnorm |
CC-BY |
op_doi |
https://doi.org/10.1093/eurpub/ckac129.343 |
container_title |
European Journal of Public Health |
container_volume |
32 |
container_issue |
Supplement_3 |
_version_ |
1766042353322164224 |