Term: Generic Substitution Policies

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Glossary Definition

Last Updated: 2005-11-30

Definition:

Pharmaceutical policies that use utilization management techniques aimed at providing patients (and, to a more limited extent, providers) the financial incentive to consider the relative costs and benefits of competing, therapeutically equivalent products.

Related terms 

• Generic Drugs

References 

• Morgan SG, Kozyrskyj A, Metge C, Roos NP. Pharmaceuticals: Therapeutic interchange and pricing policies. Winnipeg, MB: Manitoba Centre for Health Policy, 2003. [Report] [Summary] (View)