Literature DB >> 25595244

Do the current performance-based schemes in Italy really work? "Success fee": a novel measure for cost-containment of drug expenditure.

Andrea Navarria1, Valentina Drago2, Lucia Gozzo1, Laura Longo3, Silvana Mansueto3, Giacomo Pignataro4, Filippo Drago5.   

Abstract

BACKGROUND: Drug costs have risen rapidly in the last decade, driving third-party payers to adopt performance-based agreements that provide either a discount before payment or an ex post reimbursement on the basis of treatments' effectiveness and/or safety issues.
OBJECTIVES: This article analyses the strategies currently approved in Italy and proposes a novel model called "success fee" to improve payment-by-result schemes and to guarantee patients rapid access to novel therapies.
METHODS: A review of the existing risk-sharing schemes in Italy has been performed, and data provided by the Italian National report (2012) on drug use have been analyzed to assess the impact on drug expenditure deriving from the application of "traditional" performance-based strategies since their introduction in 2006.
RESULTS: Such schemes have poorly contributed to the fulfillment of the purpose in Italy, producing a trifling refund, compared with relevant drugs costs for the National Health System : €121 million out of a total of €3696 million paid. The novel risk-sharing agreement called "success fee" has been adopted for a new high-cost therapy approved for idiopathic pulmonary fibrosis, pirfenidone, and consists of an ex post payment made by the National Health System to the manufacturer for those patients who received a real benefit from treatment.
CONCLUSIONS: "Success fee" represents an effective strategy to promote value-based pricing, making available to patients a rapid access to innovative and expensive therapies, with an affordable impact on drug expenditure and, simultaneously, ensuring third-party payers to share with manufacturers the risk deriving from uncertain safety and effectiveness.
Copyright © 2015. Published by Elsevier Inc.

Entities:  

Keywords:  cost-containment; performance-based; reimbursement; risk-sharing

Mesh:

Year:  2014        PMID: 25595244     DOI: 10.1016/j.jval.2014.09.007

Source DB:  PubMed          Journal:  Value Health        ISSN: 1098-3015            Impact factor:   5.725


  17 in total

1.  Multi-Indication Pricing: Nice in Theory but Can it Work in Practice?

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Journal:  Pharmacoeconomics       Date:  2018-12       Impact factor: 4.981

Review 2.  Sustainable Financing of Innovative Therapies: A Review of Approaches.

Authors:  Aidan Hollis
Journal:  Pharmacoeconomics       Date:  2016-10       Impact factor: 4.981

3.  Performance-Based Agreements in Italy: 'Trendy Outcomes' or Mere Illusions?

Authors:  Livio Garattini; Alessandro Curto
Journal:  Pharmacoeconomics       Date:  2016-10       Impact factor: 4.981

Review 4.  Review of Current Policy Strategies to Reduce US Cancer Drug Costs.

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5.  Linking the Price of Cancer Drug Treatments to Their Clinical Value.

Authors:  Lucia Gozzo; Andrea Navarria; Valentina Drago; Laura Longo; Silvana Mansueto; Giacomo Pignataro; Americo Cicchetti; Salvatore Salomone; Filippo Drago
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6.  Unlocking the potential of established products: toward new incentives rewarding innovation in Europe.

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Journal:  J Mark Access Health Policy       Date:  2017-05-12

7.  Managed Entry Agreements for Oncology Drugs: Lessons from the European Experience to Inform the Future.

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Journal:  Front Pharmacol       Date:  2017-04-04       Impact factor: 5.810

Review 8.  Risk-Sharing Agreements in the EU: A Systematic Review of Major Trends.

Authors:  Trevor Jozef Piatkiewicz; Janine Marie Traulsen; Tove Holm-Larsen
Journal:  Pharmacoecon Open       Date:  2018-06

Review 9.  Feasibility and attractiveness of indication value-based pricing in key EU countries.

Authors:  Mathias Flume; Marc Bardou; Stefano Capri; Oriol Sola-Morales; David Cunningham; Lars-Ake Levin; Nicolas Touchot
Journal:  J Mark Access Health Policy       Date:  2016-05-10

10.  Managed Entry Agreements for Pharmaceuticals in the Context of Adaptive Pathways in Europe.

Authors:  Jacoline C Bouvy; Claudine Sapede; Sarah Garner
Journal:  Front Pharmacol       Date:  2018-03-27       Impact factor: 5.810

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