Generic Substitution as a Cost Containment Approach in the US Healthcare : A Study on Michigan Medicaid System

Language: English

Published by LAP LAMBERT Academic Publishing, 2018

6137329054 / 9786137329054

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - Increasing health care costs have made management of Medicaid services to provide low-income families through Medicaid programs critical in the recent times. The number of Medicaid beneficiaries in Michigan has increased over the years mainly due to the downsizing of auto sectors. Currently, states spend almost 16% of their budget for Medicaid, making it the second largest item in the budget for most (Kaiser Foundation, 2010). Prescription drugs are a significant part of Michigan's Medicaid costs. Higher costs caused a tremendous fiscal burden on Michigan in administering the program and providing prescription drugs for its patients. Michigan has implemented several strategies for Medicaid since 2001, which have brought modest results in terms of Medicaid cost containment. An AARP report (2010) found that 80% of drugs have therapeutic equivalents or generics available in the market while 20% of drugs have no generic substitutions. But depending on the nature of diseases generic substitutions for Medicaid prescription drugs could be much higher than 80%. Previous research suggests that Michigan has the potential to increase generic substitutions at least 10% to 15%.…

Seller Inventory # 9786137329054

Title
Generic Substitution as a Cost Containment Approach in the US Healthcare : A Study on Michigan Medicaid System
Author
Khandaker Nayeemul Islam
Publisher
LAP LAMBERT Academic Publishing
Publication year
2018
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
6137329054
ISBN 13
9786137329054
Item weight
334 grams
Dimensions
220x150x14 mm

AHA-BUCH GmbH

Einbeck, Germany

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AbeBooks seller since August 14, 2006

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