Literature DB >> 24962682

Impact of Medicare Part D on out-of-pocket drug costs and medical use for patients with cancer.

Sheetal M Kircher1, Michael E Johansen, Halla S Nimeiri, Caroline R Richardson, Matthew M Davis.   

Abstract

BACKGROUND: Medicare Part D was designed to reduce out-of-pocket (OOP) costs for Medicare beneficiaries, but to the authors' knowledge the extent to which this occurred for patients with cancer has not been measured to date. The objective of the current study was to examine the impact of Medicare Part D eligibility on OOP cost for prescription drugs and use of medical services among patients with cancer.
METHODS: Using the Medical Expenditure Panel Survey (MEPS) for the years 2002 through 2010, a differences-in-differences analysis estimated the effects of Medicare Part D eligibility on OOP pharmaceutical costs and medical use. The authors compared per capita OOP cost and use between Medicare beneficiaries (aged ≥65 years) with cancer to near-elderly patients aged 55 years to 64 years with cancer. Statistical weights were used to generate nationally representative estimates.
RESULTS: A total of 1878 near-elderly and 4729 individuals with Medicare were included (total of 6607 individuals). The mean OOP pharmaceutical cost for Medicare beneficiaries before the enactment of Part D was $1158 (standard error, ±$52) and decreased to $501 (standard error, ±$30), a decline of 43%. Compared with changes in OOP pharmaceutical costs for nonelderly patients with cancer over the same period, the implementation of Medicare Part D was associated with a further reduction of $356 per person. Medicare Part D appeared to have no significant impact on the use of medications, hospitalizations, or emergency department visits, but was associated with a reduction of 1.55 in outpatient visits.
CONCLUSIONS: Medicare D has reduced OOP prescription drug costs and outpatient visits for seniors with cancer beyond trends observed for younger patients, with no major impact on the use of other medical services noted.
© 2014 American Cancer Society.

Entities:  

Keywords:  Medicare Part D; drug costs; models economic; neoplasms; prescription drugs/economics

Mesh:

Substances:

Year:  2014        PMID: 24962682     DOI: 10.1002/cncr.28898

Source DB:  PubMed          Journal:  Cancer        ISSN: 0008-543X            Impact factor:   6.860


  6 in total

Review 1.  Medicare Part D's Effects on Drug Utilization and Out-of-Pocket Costs: A Systematic Review.

Authors:  Young Joo Park; Erika G Martin
Journal:  Health Serv Res       Date:  2016-08-01       Impact factor: 3.402

2.  Financial Burdens of Cancer Treatment: A Systematic Review of Risk Factors and Outcomes.

Authors:  Grace L Smith; Maria A Lopez-Olivo; Pragati G Advani; Matthew S Ning; Yimin Geng; Sharon H Giordano; Robert J Volk
Journal:  J Natl Compr Canc Netw       Date:  2019-10-01       Impact factor: 11.908

3.  Prescription Drug Coverage and Outcomes of Myeloma Therapy Among Medicare Beneficiaries.

Authors:  Adam J Olszewski; Stacie B Dusetzina; Amal N Trivedi; Amy J Davidoff
Journal:  J Clin Oncol       Date:  2018-08-16       Impact factor: 50.717

4.  The burden of out of pocket costs and medical debt faced by households with chronic health conditions in the United States.

Authors:  Patrick Richard; Regine Walker; Pierre Alexandre
Journal:  PLoS One       Date:  2018-06-25       Impact factor: 3.240

Review 5.  Use of health outcome and health service utilization indicators as an outcome of access to medicines in Brazil: perspectives from a literature review.

Authors:  Luisa Arueira Chaves; Danielle Maria de Souza Serio Dos Santos; Monica Rodrigues Campos; Vera Lucia Luiza
Journal:  Public Health Rev       Date:  2019-12-09

6.  The impact of expanding health insurance coverage for anti-cancer drugs on cancer survival in Korea.

Authors:  Do-Yeon Cho; Juhee Park; Dong-Sook Kim
Journal:  Cancer Med       Date:  2021-06-18       Impact factor: 4.452

  6 in total

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