The impact of information on patient preferences in different delivery patterns : a contingent valuation study of prescription versus OTC drugs

Détails

ID Serval
serval:BIB_227DE53B018F
Type
Rapport: document publié par une institution, habituellement élément d'une série.
Sous-type
Working paper: document de travail dans lequel l'auteur présente les résultats de ses travaux de recherche. Les working papers ont pour but de stimuler les discussions scientifiques avec les milieux intéressés et servent de base pour la publication d'articles dans des revues spécialisées.
Collection
Publications
Institution
Titre
The impact of information on patient preferences in different delivery patterns : a contingent valuation study of prescription versus OTC drugs
Auteur⸱e⸱s
Lamiraud Karine, von Bremen Konrade, Donaldson Cam
Détails de l'institution
IEMS
Date de publication
2009
Numéro
09-01
Genre
Working paper
Langue
anglais
Nombre de pages
26
Notes
Résumé: Our analysis assessed the impact of information on patients' preferences in prescription vs over-the-counter (OTC) delivery systems. A contingent valuation (CV) study was implemented, randomly assigning 1594 people into the receipt of limited or extended information concerning new influenza drugs. In each information arm, people answered two questions: the first asked about willingness to pay (WTP) for the new prescription drug; the second asked about WTP for the same drug sold OTC. We show that WTP is higher for the OTC scenario and that the level of information plays a significant role in the valuation of the OTC scenario, with more information increasing the WTP. In contrast, the level of information has no impact on WTP for prescription medicine. Thus, for the kind of drug (i.e. safe, not requiring medical supervision) considered here, a switch to OTC status can be expected to be all the more beneficial as the patient is provided with more information concerning the capability of the drug. Conclusions: Our results shed some light on one of the most challenging issues that health policy makers are currently faced with, namely the threat of a bird flu pandemic. Drug delivery is a critical component of pandemic influenza preparedness. Furthermore, the congruence of our results with the agency and demand theories provides an important test of the validity of using WTP based on CV methods. [Authors]
Création de la notice
22/12/2009 15:22
Dernière modification de la notice
20/08/2019 12:59
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