Professional Documents
Culture Documents
S.N
1 2 3 4
Name
Rohit Goyal Roshni Chhabra Sagar Panchal Samiksha Kalra
Roll No.
2012255 2012259 2012262 2012267
Introduction:
Terms of Reference:
Eco-Forecasters is given a project by a MNC to evaluate the market and economic health of USAs pharmaceutical industry to expand. We will be studying USA economy as of today, its policies & regulations, future of US economy and scope of Pharmaceutical industry in USA. Eco-Forecasters will submit the report by 14th march 2013.
GDP:
Figure 1
Unemployment:
Figure 2
As Unemployment is coming down, more people are coming under health insurance ambit. So, demand for health care has increased.
Figure 3
As government health care spending increased because of restructuring of policies like PPACA, it is giving an overall boost to pharmaceutical industry.
Patient Protection and Affordable Care Act (PPACA) has affected the pharmaceutical industry in US. PPACA is aimed primarily at decreasing the number of uninsured Americans and reducing the overall costs of health care.
Recommendations:
US is significantly lagging in market growth but healthcare market is fundamentally restructuring how healthcare is cost-effectively developed, delivered and reimbursed to improve the overall health of the population.
References:
http://content.healthaffairs.org/ http://www.ppaca.com/ http://www.yalemedlaw.com/