The evolution of market access regulations in
the Philippines
The Philippines market is a non-reimbursement or paying market, where patients need to finance themselves their healthcare costs. However, modern healthcare costs such as consultation fee and medications have become increasingly burdensome to patients.
As a
response, the government devised initiatives to help patients cope, including the
Generics Act (by which physicians should write the generic name of the drugs in their prescription, thereby facilitating substitution to the benefit of more affordable alternatives) and the Maximum Drug Retail Price (regulating prices).
Patient and consumer dynamics
Patient and consumer dynamics
Beyond facilitating access to medications, these regulatory moves have transformed traditional pathways. Patients now commonly seek advice from pharmacists, who may appear more informed about the various treatments available and their respective prices. In some cases, patients may even be skipping the consultation with their doctors for immediate advice or relief of their condition.
As such, the pharmacists role is shifting towards greater responsibility in treatment evaluation and choice.
How best to engage with pharmacists?
Pharmacists now play a key role in the treatment pathway that ranges on a variety of patient responsibilities:
- From Education to counselling to ensure compliance and safety
- Brand promotion can also fall into their activity, as they will be in a position to assess and recommend another brand or generic counterpart - while pushing some products under specific promotion agreements is already common practice.
These new responsibilities offer great opportunities to pharmaceutical companies who will find multiple opportunities to engage with pharmacists through mutually beneficial activities:
- Training that enhances their knowledge and the service they can provide
- Pharmacy-specific support and promotion programs
- Product information and updates that will benefit patients
- Insight generation programmes
The author: Odette Navarro is Managing Director of
Branding Science in the Philippines. She has over 15 years of experience in pharmaceutical market
research in Asia and contributed to building major brands throughout their lifecycle. On September the 26th 2012, she will be sharing insights from her research experience with pharmacists in the Philippines during a poster session at the EphMRA in Beijing
2 comments:
Do you subscribe to any other websites about this? I'm struggling to find other reputable sources like yourself
Amela
Pharmacy Finance
Well said! Today, the healthcare and pharmaceutical industries are growing and introducing many drugs and equipment as per the need of the patient condition. Thanks for your informative post.
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