Prescription drug costs around the globe

The International Federation of Health Plans has released its 2015 Comparative Price Report, which aims to highlight the variation in healthcare prices around the world.

The report, released July 19, examines the price of medical procedures, tests, scans and treatments in seven countries. Prices for seven specialty prescription drugs are also included in the survey.  

Here are average prescription drug prices from around the world, as stated in the report.

Xarelto (prescribed to prevent or treat blood clots) (30 capsules, 20mg, 30 day supply)

$48 - South Africa
$101 - Spain
$102 - Switzerland
$126 - United Kingdom
$292 - United States

Humira (prescribed to treat rheumatoid arthritis) (one prefilled syringe carton, two syringes, 28 day supply)

$552 - South Africa
$822 - Switzerland
$1,253 - Spain
$1,362 - United Kingdom
$2,669 - United States

Harvoni (prescribed to treat hepatitis C) (28 tablets, 4-week supply)

$16,861 - Switzerland
$18,165 - Spain
$22,554 - United Kingdom
$32,114 - United States

Truvada (prescribed to treat HIV/AIDS) (30 tablets, 30 day supply)

$559 - Spain
$689 - United Kingdom
$906 - Switzerland
$1,301 - United States

Tecfidera (prescribed to treat relapsing multiple sclerosis) (60 capsules, 240 mg, 30 day supply)

$663 - United Kingdom
$1,399 - Spain
$1,855 - Switzerland
$5,089 - United States

Avastin (prescribed to treat certain types of cancer) (400 mg vial)

$470 - United Kingdom
$956 - South Africa
$1,534 - Spain
$1,752 - Switzerland
$3,930 - United States

OxyContin (prescribed to treat severe ongoing pain) (60 tablets, 20 mg, 30+ day supply)

$36 - Spain
$84 - South Africa
$95 - Switzerland
$265 - United States
$590 - United Kingdom

The report also examined the price of medical procedures, tests, scans and treatments. Here are average prices for a few of these, as stated in the report.

Angiogram

$191 - Switzerland
$240 - Spain
$270 - Australia
$1,089 - New Zealand
$1,164 - United States
$2,149 - United Kingdom

MRI

$130- Spain
$215 - Australia
$455 - South Africa
$503 - Switzerland
$788 - United Kingdom
$811 - New Zealand
$1,119 - United States

Colonoscopy

$372 - Australia
$589 - Spain
$604 - Switzerland
$632 - South Africa
$1,301 - United States
$1,421 - New Zealand
$3,059 - United Kingdom

Prices examined in the study included those from Australia, New Zealand, South Africa, Spain, Switzerland, United Kingdom and United States. The data for the report was gathered from participating iFHP member organizations in each country. Prices for the United States came from more than 370 million medical claims and more than 170 million pharmacy claims that reflect prices negotiated and paid to healthcare providers.

 

More articles on healthcare finance:

 

Quotient Investors now holds $4.8M stake in Tenet
Fitch affirms Wright Memorial Hospital's 'BBB-' rating
20 recent hospital outlook and credit rating actions


 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars