BIO Professional Development
Through a curated network of education alliance partners, BIO offers industry professionals executive training and development resources for accelerating career growth
Recorded Understanding Drug Pricing, Policy and Utilization Master Course
This is the recorded Understanding Drug Pricing, Policy, and Utilization course with the same content, interactive exercises, and course materials that are given in the live version. You have three months to view this course.
Understanding Drug Pricing, Policy, and Utilization is a 4.5-hour course that examines the complexities of the US healthcare market. Many believe patient access to medications and pricing are solely determined by the drug companies; however, this is far too simplistic. This course provides a comprehensive look at how competing forces including the federal government, the insurance industry, and healthcare providers influence formulary systems, which in turn determines how patients access, use, and pay for medications. Learn how commercial and government databases housing pharmacoepidemiology and pharmacoeconomic information also drive drug policy and pricing. Perform basic cost-effectiveness and quality of life calculations to help you appreciate the types of decisions faced by various persons on the drug development team. Created and taught by a healthcare economist and social scientist, this engaging course is a must for anyone new to healthcare policy and pricing.
BIO members receive a $100 discount. BIO members should use the code BIO100 to register for this course.
Takeaways
- Familiarity with types of information used to inform drug policy.
- Ability to apply different types of analysis to determine drug prices.
- Rationale in drug placement on formularies, as well as their monitoring for continued safety and effect on patient outcomes.
- Appreciation of the product lifecycle and supply chain issues in pricing, marketing, and reimbursement.
- Understanding of the relationship between manufacturers, policymakers, pharmacies, and patients.







Certificate Requirements
- View entire course
- Read all articles
- Answer all knowledge check questions