Stepping Up? Pharma’s Early COVID Pricing Decisions May Be Resolving Concerns

Cigna's Steve Miller suggests pharma is taking a responsible approach to pricing during the pandemic in a policy discussion convened by the Institute for Clinical and Economic Review on pricing models for COVID-19 drugs and vaccines.

SCRANTON, PA - MAY 24:Indianapolis Indians second baseman Josh Harrison steps up to the plate in a game against the Scranton Wilkes Barre Yankees at PNC Field on May 24, 2011 in Scranton, PA.
At The Plate on COVID-19 • Source: Shutterstock

Pharmaceutical manufacturers so far appear to be making good on pledges to ensure that COVID-19 drugs and vaccines will be priced in a way that ensures access and affordability during the pandemic, according to a leading US payer participating in a series of recent colloquiums convened by the Institute for Clinical and Economic Review.

The discussions were part of an ICER initiative to develop a consensus on appropriate pricing for COVID-19 drugs and vaccines. The initiative also includes a white paper released by the group in July that laid out several possible pricing approaches

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