Federal Department of Home Affairs FDHA Federal Statistical

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Federal Department of Home Affairs FDHA Federal Statistical Office FSO Experience with the new

Federal Department of Home Affairs FDHA Federal Statistical Office FSO Experience with the new Medicine price Index Corinne Becker Vermeulen 9 -12 October 2007 : Ottawa Group meeting on Prices Ottawa

Federal Department of Home Affairs FDHA Federal Statistical Office FSO Contents 1. Introduction 2.

Federal Department of Home Affairs FDHA Federal Statistical Office FSO Contents 1. Introduction 2. Former and new method 3. Comparison of results for 2005 and 2006 4. Substitution 5. Upcoming tasks and conclusion Title of presentation | Swiss Medicine Price Index 2

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 1. Introduction • Medicine

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 1. Introduction • Medicine prices subject to government authorization • Generic drugs more and more important • Pharmaceutical branch : « your index decreases too much ! » • Collaboration with the Swiss pharmacies association in order to better capture price changes • New method applied since the beginning of 2006 Title of presentation | Swiss Medicine Price Index 3

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 2. Former and new

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 2. Former and new method Sample Former New 275 best selling articles 700 -850 best selling articles Fix for a year Moving quarterly Source : market institute « Scanner data » pharmacists (orders) Market share : 25% Market share : 42% Title of presentation | Swiss Medicine Price Index 4

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 2. Former and new

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 2. Former and new method Former New Prices Retail prices per article Average prices per therapeutic benefit Aggregation method Weighted arithmetic mean Geometric mean and Weighted arithmetic mean Substitution none permanent Title of presentation | Swiss Medicine Price Index 5

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 2. Former and new

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 2. Former and new method Advantages of the new method • Better market coverage • Recent data source • Greater accuracy • Substitution taken into account Title of presentation | Swiss Medicine Price Index 6

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 3. Comparison of results

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 3. Comparison of results Title of presentation | Swiss Medicine Price Index 7

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 4. Substitution • Taken

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 4. Substitution • Taken into account at article and product type level • Better monitor price cuts and price increases Title of presentation | Swiss Medicine Price Index 8

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 4. Substitution Title of

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 4. Substitution Title of presentation | Swiss Medicine Price Index 9

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 5. Upcoming tasks and

Federal Department of Home Affairs FDHA Federal Statistical Office FSO 5. Upcoming tasks and conclusion • Monthly collection from 2008 (HICP) • Upgraded index quality Title of presentation | Swiss Medicine Price Index 10