OECD Health Working Papers
This series is designed to make available to a wider readership health studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other.
- ISSN: 18152015 (online)
- https://doi.org/10.1787/18152015
Pharmaceutical Pricing and Reimbursement Policies in Slovakia
This paper examines aspects of the policy environment and market characteristics of Slovakia's
pharmaceutical sector, and assesses the degree to which Slovakia has achieved certain policy goals.
Pharmaceutical expenditure in Slovakia accounts for a higher share of total health expenditure than it
does in any other OECD country, and the share of national income going to pharmaceuticals is exceeded
only in Hungary. Although its relatively low national income is a partial explanation for Slovakia's status
in this respect, this review finds that Slovakia has scope to reduce its expenditures and the rapid rate of
growth in its pharmaceutical spending.
Financing of pharmaceutical expenditure in Slovakia rests more heavily on the public sector than is
typical in the OECD, with out-of-pocket spending accounting for just a quarter of total expenditure. The
effectiveness of international price referencing in limiting Slovak prices for on-patent pharmaceutical
products is questionable. For products that have gone off-patent and for those with similar chemical
structure, a reference-pricing scheme and competition among generic alternatives results in effective price
control, although incentives for generic substitution are weak (for patients) and misaligned (for
pharmacists). When deciding whether a drug will be reimbursed through the social insurance scheme, the
cost-effectiveness of new pharmaceuticals is not assessed.
On the other hand, certain policy goals have been achieved. The accessibility and availability of
medicines--including the most innovative products--is good; affordability is supported by relatively low
average co-payment levels. While more expensive drugs usually have higher cost-sharing, drugs are not
excluded from coverage on affordability grounds.
Keywords: Slovakia, pricing, pharmaceutical market, reimbursement, pharmaceutical policy
JEL:
I11: Health, Education, and Welfare / Health / Analysis of Health Care Markets;
I18: Health, Education, and Welfare / Health / Health: Government Policy; Regulation; Public Health
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