Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
C
- Confidential DiscountPrivate Discount, Undisclosed Rebate
- A price reduction negotiated privately between a manufacturer and payer, keeping a higher public list price while offering a lower net price.
- Confidential PriceActual Net Price, Net Transaction Price
- The actual net price paid for a treatment following a confidential discount, differing from and typically lower than the publicly disclosed list price.
D
- DiscountPurchaser Price Cut, Manufacturer Reduction
- A reduction from a treatment's list price, negotiated between a manufacturer and a purchaser such as a payer or wholesaler.
L
- List PriceSticker Price, Catalogue Price
- The publicly stated price a manufacturer offers a drug for sale, before accounting for negotiated discounts or rebates that reduce the price actually paid.