Price Control Policies for Medicines: How Far the Accessibility Is Achieved by Patients?
| Published date | 01 January 2025 |
| DOI | http://doi.org/10.1177/23220058241262505 |
| Author | Ashok R. Patil,Sanitta Maria Stephen |
| Date | 01 January 2025 |
Price Control Policies for Medicines:
How Far the Accessibility
Is Achieved by Patients?
Ashok R. Patil1 andSanitta Maria Stephen2,3
Abstract
The price control legislations are the main policy tool used in India to make medicines accessible.
It is important to understand the real impact of these interventionist policies on patients’ lives. The
objective of the article is centred on understanding the effectiveness of price interventionist policy to
reduce the out-of-pocket expenditure of patients. The article examines whether the ability to pay by
patients is considered or linked while fixing the prices after regulation. The article focuses on the direct
price control and trade margin rationalization imposed on drugs to increase accessibility. The article
deliberates the drugs under both price regulations to check how significant are the price reduction and
how it would reduce the inequity among the patients.
Introduction
The accessibility of medicines remains a complex policy challenge for years. The accessibility of all
access to healthcare nearly impossible.4 The WHO-GLOBOCAN report states that the year 2020 alone
had 1,324,413 incident cancer cases in India.5 Breast cancer tops the list followed by lip and oral cancer,
cervix cancer, etc.6
1 National University of Study and Research in Law, Ranchi, Jharkhand, India
2 National Law School of India University, Bangalore, Karnataka, India
3 Saveetha School of Law, Chennai, Tamil Nadu, India
4 How Effective Are Government Measures to Control Prices of Anticancer Medicines in India? 22
48, 50 (May 29, 2021).
5
2024).
6 Id.
Article
Corresponding author:
Sanitta Maria Stephen, National Law School of India University, Bangalore, Karnataka 560242, India.
E-mail: sanittamariam@gmail.com
Asian Journal of Legal Education
12(1) 98–112, 2024
© 2024 The West Bengal National
University of Juridical Sciences
Article reuse guidelines:
in.sagepub.com/journals-permissions-india
DOI: 10.1177/23220058241262505
journals.sagepub.com/home/ale
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