The impact of financial incentives on pharmacist dispensing habits: Evidence from the British Columbia Product Incentive Plan.

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The impact of financial incentives on pharmac ...
Taimur Aziz Bhatti
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January 24, 2010 | History

The impact of financial incentives on pharmacist dispensing habits: Evidence from the British Columbia Product Incentive Plan.

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The Product Incentive Plan (PIP) was introduced in British Columbia in July 1990 and offered pharmacists financial incentives for generic drug substitution. Using PIP as a case study, this study analyzed pharmacist responses to financial incentives and the amount of relative savings achieved through generic substitution across five different pharmacy types and seven therapeutic classes. Data consisted of 1.5 million Pharmacare prescription insurance claims records for BC seniors from January 1988 to June 1994. Linear regression was employed to model the relative savings while logit regression was used to model the probability of generic substitution. Overall the PIP was responsible for a 47.5% increase in the relative savings and a 43.4% increase in the probability of generic substitution. Probability of generic substitution and relatives savings were highest for beta blockers, NSAIDs, antidepressants and anti-asthmatics class of drugs and chain, franchise and med/clinic pharmacies.

Publish Date
Language
English
Pages
146

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Book Details


Edition Notes

Source: Masters Abstracts International, Volume: 44-06, page: 2778.

Thesis (M.Sc.)--University of Toronto, 2006.

Electronic version licensed for access by U. of T. users.

ROBARTS MICROTEXT copy on microfiche.

The Physical Object

Pagination
146 leaves.
Number of pages
146

ID Numbers

Open Library
OL19215271M
ISBN 13
9780494161937

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January 24, 2010 Edited by WorkBot add more information to works
December 11, 2009 Created by WorkBot add works page