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Equity Pricing of Essential Medicines

Equity pricing, sometimes called differential pricing or equitable pricing, means charging different amounts to different payers based on their ability to pay. The concept of equity pricing for essential medicines draws on several related strains in contemporary thought, including the concept of access to essential medicines as a human right, and the concept that certain medicines should be considered essential to a health care system because of their proven effectiveness in combating human disease. Equity pricing of essential medicines as a policy principle acknowledges the differing resources of different countries, and the citizens of those countries, to purchase medicines based on a number of factors, including the general wealth or poverty of the country or individual and the value of the national currency as ...

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