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Availability of New Drugs and Americans' Ability to Work

This work examined the extent to which the introduction of new drugs has increased society's ability to produce goods and services by increasing the number of hours worked per member of the working-age population. Under very conservative assumptions, the estimates indicated that the value of the increase in ability to work attributable to new drugs is 2.5 times as great as expenditure on new drugs.

The study also found that the potential of medicines to increase employee productivity should be considered in the design of drug-reimbursement policies. Conversely, policies that broadly reduce the development and utilization of new drugs may ultimately reduce our ability to produce other goods and services.

Due to copyright issues, this study is only available through the JOEM website.

Blog Post

How Health and Productivity Go Hand in Hand

The health and safety of Americans is closely tied to our nation’s productivity and prosperity because, as studies have shown, healthier workers are...
Blog Post

Why Labor Day Matters for Health

The Labor Day holiday weekend has come to symbolize the end of summer. But the reason it was established was to celebrate American workers and the...
Blog Post

Why You Need to Register for Our Health Care Quality Measures Course

The National Pharmaceutical Council (NPC), in partnership with the University of Maryland School of Pharmacy, will launch an educational course that...
Newsletter Volume

E.V.I.dently July 2015

NPC MessageWho Can Say What, and When? Could We See Changes in Biopharmaceutical Communications?It’s possible that 2015 could be the year that we see...
Press Release

National Pharmaceutical Council, Discern Health Examine Accountable Care Measures for Specialty Care and Innovative Treatment

Washington, DC (October 28, 2014)— Measuring the quality and cost of health care is an integral part of accountable care, but new research from the...
Press Release

NPC Welcomes Dr. Bryan Luce as PCORI Chief Science Officer

WASHINGTON, DC (April 24, 2013) The National Pharmaceutical Council today welcomed the news that the Patient-Centered Outcomes Research Institute (...
Press Release

Leading Researchers Outline Principles for Conduct of Comparative Effectiveness Research

WASHINGTON, DC (September 11, 2012)—A new set of principles developed by a group of leading researchers could help to ensure more consistency in how...
Press Release

Study Quantifies Impact of Pharmaceuticals on Enhanced Productivity

(WASHINGTON, DC, August 1, 2012)–The costs to employers of chronic health conditions on employee productivity are well documented, but few studies...
Commentary and Testimony Page

Chain Drug Review – Commentary: “Health Care Outlook for 2015”

This commentary was originally published in the January 5, 2015 issue of Chain Drug Review.By: Dan Leonard, President, National Pharmaceutical...
Commentary and Testimony Page

Asymmetry in the Ability to Communicate CER Findings: Ethics and Issues for Informed Decision Making

The number of voices in the comparative effectiveness research (CER) conversation is continuing to grow, but not all stakeholders have the same...
Commentary and Testimony Page

Comparative Effectiveness Research and the Changing Health Care Landscape

This content appeared in the January 2, 2012 print edition of Chain Drug Review. In the span of just one year, the health care landscape has...
Commentary and Testimony Page

CER: Who Can Say What, and When Can They Say It?

With billions of dollars in comparative effectiveness research (CER) set for completion in coming years, there will be broader discussions about the...
YouTube Videos

NPCNow Podcast: Dr. Mark McClellan on Quality Measures & Engaging Patients

In this NPCNow podcast, Dr. Mark McClellan, director, Health Care Innovation and Value Initiative, Brookings Institution, discusses ways to address...
YouTube Videos

Challenges in Quality Measurement & Potential Solutions

Cary Sennett, MD, PhD, president and CEO, Asthma and Allergy Foundation of America, lists the current challenges involved in quality measurement (e.g...
YouTube Videos

You Can't Manage What You Don't Measure

Cary Sennett, MD, PhD, president and CEO, Asthma and Allergy Foundation of America, explains that metrics are necessary to provide guidance to...
YouTube Videos

Quality Measures Benefit Patients in More Ways Than One

Cary Sennett, MD, PhD, president and CEO, Asthma and Allergy Foundation of America, explains that quality measures are important to patients not only...
Blog Post

How Health and Productivity Go Hand in Hand

The health and safety of Americans is closely tied to our nation’s productivity and prosperity because, as studies have shown, healthier workers are...
Blog Post

Why Labor Day Matters for Health

The Labor Day holiday weekend has come to symbolize the end of summer. But the reason it was established was to celebrate American workers and the...
Blog Post

Why You Need to Register for Our Health Care Quality Measures Course

The National Pharmaceutical Council (NPC), in partnership with the University of Maryland School of Pharmacy, will launch an educational course that...
Blog Post

NPCNow Podcast: Dr. Mark McClellan on Quality Measures & Engaging Patients

In this NPCNow podcast, Dr. Mark McClellan, director, Health Care Innovation and Value Initiative, Brookings Institution, discusses ways to address...

Accountable Care Measures for High-Cost Specialty Care and Innovative Treatment

This research sheds light on gaps in quality measurement and missed opportunities to promote...

Consumer-Directed Health Plans: Pharmacy Benefits & "Better Practices"

On behalf of the National Pharmaceutical Council, Th

2013 Comparative Effectiveness Research and the Environment for Health Care Decision-Making

2013 Comparative Effectiveness Research and the Environment for Health Care Decision-Making

NPC's 2013 survey shows that health care stakeholders have growing expectations for the use of...
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