Law & Health Weekly
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Health Policy
New health policy research from X. Contiades and co-researchers described
August 18th, 2007
"This paper examines the economic, political and legal characteristics of the Greek pharmaceutical market, which is largely affected by the paradox of state intervention: while pharmaceutical regulation is mainly directed towards a rationalisation of total pharmaceutical expenditure, all measures taken to date aim at exhaustive pricing controls, i.e. interventions on the supply side alone, disregarding the ''balloon'' effect of shrinking prices on the expanding volume of consumption. As a result, pharmaceutical expenditure has been steadily rising, adding a disproportional burden on both social insurance and private income," scientists in Athens, Greece report. "The...
Source: Law & Health Weekly (2007-08-18)
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