Literature DB >> 27798809

A Review of US Drug Costs Relevant to Medicare, Medicaid, and Commercial Insurers Post-Affordable Care Act Enactment, 2010-2016.

Jacquelyn McRae1, F Randy Vogenberg2, Silky Webb Beaty3, Elizabeth Mearns4, Stefan Varga5, Laura Pizzi5.   

Abstract

Since passage of the Affordable Care Act (ACA) in 2010, US stakeholders are increasingly being held accountable for the value of healthcare services and drugs administered to patients. Pharmacoeconomic analyses offer one method of demonstrating a product's value, yet there is a lack of resources specific to US drug costs relevant to each stakeholder. The aim of this study was to review current US drug costs (post-ACA). A literature review aimed at finding evidence on outpatient prescription drug costs was performed using the following sources: PubMed, governmental agencies, news websites, the Academy of Managed Care Pharmacy (AMCP) website, and Google Scholar. Articles were limited to those published in the years "2010-2016" and the "English" language, and those that described drug acquisition costs, reimbursement costs, and rebates or discounting for Medicare, Medicaid, and commercial payors. The Drug Cost Focus Group (DCFG) was convened to supplement the literature review; the DCFG provided their expertise on US drug costs and emerging issues affecting drug costs. ACA legislation increased drug rebates for manufacturers participating in the Medicaid Drug Rebate Program. Acquisition costs commonly referred to in the literature include the wholesale acquisition cost and average manufacture price. Drugs reimbursed by Medicaid are currently based on the actual acquisition cost and ACA-Federal Upper Limit. Evidence suggests that reimbursement methods in the public market are varied. Current gaps in the literature regarding commercial insurers' drug costs (post-ACA) present barriers to the application of relevant drug costs to pharmacoeconomic analyses.

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Year:  2017        PMID: 27798809     DOI: 10.1007/s40273-016-0458-0

Source DB:  PubMed          Journal:  Pharmacoeconomics        ISSN: 1170-7690            Impact factor:   4.981


  15 in total

1.  What is the price benchmark to replace average wholesale price (AWP)?

Authors:  Frederic R Curtiss; Phillip Lettrich; Kathleen A Fairman
Journal:  J Manag Care Pharm       Date:  2010-09

2.  Employer-sponsored health insurance in the United States--origins and implications.

Authors:  David Blumenthal
Journal:  N Engl J Med       Date:  2006-07-06       Impact factor: 91.245

3.  ASHP Guidelines on Managing Drug Product Shortages in Hospitals and Health Systems.

Authors:  Erin R Fox; Annette Birt; Ken B James; Heather Kokko; Sandra Salverson; Donna L Soflin
Journal:  Am J Health Syst Pharm       Date:  2009-08-01       Impact factor: 2.637

4.  Beyond AWP . . . way beyond.

Authors:  Richard J Willke
Journal:  Value Health       Date:  2009-11-12       Impact factor: 5.725

5.  Good research practices for measuring drug costs in cost-effectiveness analyses: a managed care perspective: the ISPOR Drug Cost Task Force report--Part III.

Authors:  Edward C Mansley; Norman V Carroll; Kristina S Chen; Nilay D Shah; Catherine Tak Piech; Joel W Hay; James Smeeding
Journal:  Value Health       Date:  2009-10-26       Impact factor: 5.725

6.  Good research practices for measuring drug costs in cost effectiveness analyses: an industry perspective: the ISPOR Drug Cost Task Force report--Part V.

Authors:  Jack M Mycka; Renato Dellamano; Eugene Mick Kolassa; Michael Wonder; Sabyasachi Ghosh; Joel W Hay; Jim Smeeding
Journal:  Value Health       Date:  2009-10-26       Impact factor: 5.725

7.  Good research practices for measuring drug costs in cost-effectiveness analyses: a societal perspective: the ISPOR Drug Cost Task Force report--Part II.

Authors:  Louis P Garrison; Edward C Mansley; Thomas A Abbott; Brian W Bresnahan; Joel W Hay; James Smeeding
Journal:  Value Health       Date:  2009-10-23       Impact factor: 5.725

8.  The arrival of average sale price.

Authors:  Patrick Mullen
Journal:  Biotechnol Healthc       Date:  2007-06

9.  Benefit and formulary options appear in specialty pharmacy. Management tactic borrowed from traditional pharmacy.

Authors:  Thomas Reinke
Journal:  Manag Care       Date:  2014-01

Review 10.  Prescription drug cost sharing: associations with medication and medical utilization and spending and health.

Authors:  Dana P Goldman; Geoffrey F Joyce; Yuhui Zheng
Journal:  JAMA       Date:  2007-07-04       Impact factor: 56.272

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  4 in total

1.  Pharmacy Benefit Management Companies: Do They Create Value in the US Healthcare System?

Authors:  Alan Lyles
Journal:  Pharmacoeconomics       Date:  2017-05       Impact factor: 4.981

2.  First-line Nivolumab Plus Ipilimumab vs Sunitinib for Metastatic Renal Cell Carcinoma: A Cost-effectiveness Analysis.

Authors:  XiaoMin Wan; YuCong Zhang; ChongQing Tan; XiaoHui Zeng; LiuBao Peng
Journal:  JAMA Oncol       Date:  2019-04-01       Impact factor: 31.777

3.  Drug costs in context: assessing drug costs in cost-of-illness analyses.

Authors:  T Joseph Mattingly; Shannon Weathers
Journal:  Drugs Context       Date:  2022-07-21

4.  Estimating Drug Costs: How do Manufacturer Net Prices Compare with Other Common US Price References?

Authors:  T Joseph Mattingly; Joseph F Levy; Julia F Slejko; Nneka C Onwudiwe; Eleanor M Perfetto
Journal:  Pharmacoeconomics       Date:  2018-09       Impact factor: 4.981

  4 in total

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