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Incentives for Global Health

IGH promotes creation of the Health Impact Fund, which would create complementary incentives that delink the price of medicines from the fixed costs of innovation and cover the latter through health impact rewards.
Type of Organization
Non-Profit/Community-Based Organization
Size of Organization
0-10
Organization Mailing Address

313 Saint Ronan Street
New Haven, CT 06511
United States

Health Impact Fund
The Health Impact Fund would create complementary incentives that delink the price of medicines from the fixed costs of innovation and cover the latter through health impact rewards.
Category of Innovation
Innovative Services - Innovative services include new processes, policies or procedures in the health care system that do not fall into the other health care innovation categories
Intended End User
Patient - Individuals who receive health care
Policymaker - Elected officials and departments within local, state and federal governments responsible for crafting and implementing health care policy (anyone who has or is campaigning to have a “.gov” email address)
Impactful Innovation Stage (Click Here for Details)
Solution
Problem (i.e. barrier, issue, complication, etc.) being solved for the end user
Too little innovation for diseases of poverty
Too high prices for patented medications
Misalignment of innovator rewards and health outcomes
Idea/solution to the problem, if applicable
The Health Impact Fund would create complementary incentives that delink the price of medicines from the fixed costs of innovation and cover the latter through health impact rewards.
Level of adoption (i.e. list of customers/users, testimonials, etc.), if applicable
We are working on getting a pilot funded
Impact (i.e. measurable outcomes), if applicable
n/a
Funding Stage
Not Applicable
List of Funding Sources (if applicable)
n/a
Certifications?
No