Max Rady College of Medicine

Term: Reference Based Pricing Policies

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Glossary Definition

Last Updated: 2005-11-24


Reimburse patients using any of the products within a class of close-substitutes according to the price of the lowest cost product within that class. Reference pricing policies typically involve special authority exemptions for patients that have clinical reasons for using a particular product within that class.

Related terms 


  • 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)

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Manitoba Centre for Health Policy
Community Health Sciences, Max Rady College of Medicine,
Rady Faculty of Health Sciences,
Room 408-727 McDermot Ave.
University of Manitoba
Winnipeg, MB R3E 3P5 Canada