2018
DOI: 10.7196/samj.2017.v108i2.12815
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Is there transparency in the pricing of medicines in the South African private sector?

Abstract: Recent investigations by the Competition Commission of South Africa (SA) of suspected excessive pricing of cancer medicines in SA by three global pharmaceutical companies have once again drawn attention to increasing medicine pricing transparency and warrant further public debate.

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Cited by 3 publications
(3 citation statements)
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“…The challenge of unaffordability also bears hugely on access to medicines in Nigeria. Unlike the situation in many countries such as South Africa, where the price of medicines is consistently lower in public pharmacies compared with private pharmacies, the situation in Nigeria is inconsistent [38]. Based on the World Bank report in 2016 that about 53.5% of Nigerians live below the poverty line of less than $1.90 per day and coupled with limited health insurance coverage with about 95% out-ofpocket payments for health care, many patients are likely to face catastrophic costs in accessing and adhering to treatment [11,39,40].…”
Section: Discussionmentioning
confidence: 85%
“…The challenge of unaffordability also bears hugely on access to medicines in Nigeria. Unlike the situation in many countries such as South Africa, where the price of medicines is consistently lower in public pharmacies compared with private pharmacies, the situation in Nigeria is inconsistent [38]. Based on the World Bank report in 2016 that about 53.5% of Nigerians live below the poverty line of less than $1.90 per day and coupled with limited health insurance coverage with about 95% out-ofpocket payments for health care, many patients are likely to face catastrophic costs in accessing and adhering to treatment [11,39,40].…”
Section: Discussionmentioning
confidence: 85%
“…This transparency initiative helps consumers and the government to identify, compare, and choose medicines that offer the desired value (4). It creates awareness of price discrimination, which leads to informed choices and cost-saving by the users (5)(6)(7)(8)(9). It is likely to save the consumers' out-of-pocket spending by helping them with value-based purchasing and allowing them to exercise their right to price information before purchase (10,11).…”
Section: Introductionmentioning
confidence: 99%
“…7 However, the introduction of the single exit price has not yielded the desired outcomes of reduced medicine price inflation and medicine price uniformity, thus presenting the need for more research to determine if implemented government policies actually are able to yield the desired outcomes. 8 2212-1099/$36.00 -see front matter ª 2021 Published by Elsevier Inc. on behalf of ISPOR-The professional society for health economics and outcomes research.…”
Section: Introductionmentioning
confidence: 99%