Literature DB >> 23178417

Potential impact of pharmacist interventions to reduce cost for Medicare Part D beneficiaries.

Erin E Thatcher1, Elizabeth M Vanwert, Steven R Erickson.   

Abstract

The objective was to determine the impact of simulated pharmacist interventions on out-of-pocket cost, time to coverage gap, and cost per patient to the Medicare Part D program using actual patient cases from an adult general medicine clinic. Medication profiles of 100 randomly selected Medicare-eligible patients from a university-affiliated general internal medicine clinic were reviewed by a pharmacist to identify opportunities to cost-maximize the patients' therapies based on the plan. An online Part-D calculator, Aetna Medicare Rx Essentials, was used as the standard plan to determine medication cost and time to gap. The primary analysis was comparison of the patients' pre-review and post-review out-of-pocket cost, time to coverage gap, and cost to Medicare. A total of 65 patients had at least 1 simulated pharmacist cost intervention. The most common intervention was substituting for a less costly generic, followed by substituting a generic for a brand name. Projected patient cost savings was $476 per year. The average time to coverage gap was increased by 0.7 ±1.2 months. This study illustrates that the pharmacists may be able to reduce cost to some patients as well as to the Medicare Part D program.

Entities:  

Keywords:  Medicare Part D; cost saving; coverage gap; doughnut hole; pharmacist recommendation

Mesh:

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Year:  2012        PMID: 23178417     DOI: 10.1177/0897190012465983

Source DB:  PubMed          Journal:  J Pharm Pract        ISSN: 0897-1900


  2 in total

1.  Improved Outcomes and Cost Savings Associated With Pharmacist Presence in the Emergency Department.

Authors:  Matthew W McAllister; Joshua G Chestnutt
Journal:  Hosp Pharm       Date:  2017-08-20

2.  Health informatics interventions to minimize out-of-pocket medication costs for patients: what providers want.

Authors:  Karalyn A Kiessling; Bradley E Iott; Jessica A Pater; Tammy R Toscos; Shauna R Wagner; Laura M Gottlieb; Tiffany C Veinot
Journal:  JAMIA Open       Date:  2022-02-24
  2 in total

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