Standard ways of reimbursing for innovations can create disincentives for the development of high-value innovations in health care. One remedy is the development of “Netflix-like” subscription models that entail paying a subscription fee for access to drugs and treatments. Such models are already in use in the United Kingdom, Australia, and Sweden.
Could a Subscription Model Spur Innovation in U.S. Health Care?
A new pricing model may help providers develop new treatments and improve access for patients.
May 09, 2023
Anna Tabakova/Stocksy
Summary.
The current reimbursement system in the United States discourages some forms of innovations in health care. The development of new antibiotics that aren’t needed now but could be down the road are a case in point. A subscription-based pricing model could address this problem.
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