Reference pricing can be defined as:
A) a price that is usually less than the most expensive option which is expected to paid by the consumer
B) a process to adjust the price of pharmaceuticals in order to make it cheaper for both the government and consumers
C) a means for the government to make more money by purchasing cheaper medicines and then selling them on to consumers at a higher price
D) the way pharmaceutical manufacturers create newer,cheaper but less effective drugs which are then made available to governments as generic options
Correct Answer:
Verified
Q1: The purpose of the Pharmaceutical Benefits Scheme
Q3: Generic medicines become available when:
A)the production cost
Q4: An important feature of the PBS is
Q5: The similarity between the PBS and Medicare
Q6: In order to contain the cost of
Q7: A co-payment is defined as:
A)the fixed amount
Q8: Which of the following can be a
Q9: The purpose of price disclosure is:
A)greater transparency
Q10: The difference between the PBS and Medicare
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