CX Daily: China’s Rock Bottom Drug Prices Spark Quality Concerns
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Analysis: China’s rock bottom drug prices spark quality concerns
In a bid to lower the prices the Chinese state and public pay for medicines, Beijing implemented its centralized procurement policy in 2018. Under this system, the drugs are included by China’s state-run health care insurance and negotiated on a national basis.
Ever since, it has been fiercely debated whether or not the hard bargains driven by the government undermine the quality of the drugs.
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