Literature DB >> 33433804

Price Is Right: Exploring Prescription Drug Coverage Barriers for Irritable Bowel Syndrome Using Threshold Pricing Analysis.

Eric D Shah1, Lin Chang2, Anthony Lembo3, Kyle Staller4, Michael A Curley5, William D Chey6.   

Abstract

BACKGROUND: Prescription drug costs exert profound effects on commercial insurance coverage and access to effective therapy. AIMS: We aimed to assess threshold pricing to achieve budget neutrality of FDA-approved drugs treating irritable bowel syndrome from an insurance perspective, based on cost-savings resulting in decreased healthcare utilization through effective disease management.
METHODS: We constructed a decision-analytic model from an insurance perspective to assess the budget impact of IBS prescription drugs under usual insurance coverage levels in practice: (1) unrestricted drug access or (2) step therapy in a primary care population of middle-age, care-seeking IBS patients. Budget-neutral drug prices were then calculated which resulted in $0 budget impact to insurers with a short-term, one-year time horizon.
RESULTS: If used according to FDA labeling, IBS-D drugs cost between $4778 and $16,844 per year and IBS-C drugs cost between $4319 and $4955 per year. These drug costs often exceed insurance expenditures of $6999 for IBS-D and $3929 for IBS-C if left untreated. Therefore, for drugs to have $0 budget impact to insurers, their prices would need to be discounted 36.7-74.2% for IBS-D drugs and 59.3-82.5% for IBS-C. IBS drugs are already priced to support step therapy "failing one of several common, inexpensive IBS treatments with a responder rate > 30-40%," reflecting the subpopulation with more severe disease and greater healthcare costs.
CONCLUSIONS: Broader prescription drug coverage for patients failing common, inexpensive IBS treatments to which at least 30-40% of patients would typically respond appears warranted to enable gastroenterologists to offer personalized approaches targeting specific mechanisms of this heterogeneous disease.
© 2021. The Author(s), under exclusive licence to Springer Science+Business Media, LLC part of Springer Nature.

Entities:  

Keywords:  Cost analysis; Cost-effectiveness; Decision analysis; Drug pricing; Insurance coverage; Monte Carlo; Prior authorization

Mesh:

Substances:

Year:  2021        PMID: 33433804     DOI: 10.1007/s10620-020-06806-1

Source DB:  PubMed          Journal:  Dig Dis Sci        ISSN: 0163-2116            Impact factor:   3.199


  5 in total

1.  Total costs of IBS: employer and managed care perspective.

Authors:  Brooks Cash; Sean Sullivan; Victoria Barghout
Journal:  Am J Manag Care       Date:  2005-04       Impact factor: 2.229

2.  Declining Rates of Referral for Irritable Bowel Syndrome Without Constipation at a Tertiary Care Center.

Authors:  Sun Jung Oh; Vartan C Tashjian; James Mirocha; Menachem Nagar; Ruchi Mathur; Eugenia Lin; Kathleen Shari Chua; Ali Rezaie; Mark Pimentel; Nipaporn Pichetshote
Journal:  Dig Dis Sci       Date:  2018-10-15       Impact factor: 3.199

3.  Relative Efficacy of Tegaserod in a Systematic Review and Network Meta-analysis of Licensed Therapies for Irritable Bowel Syndrome With Constipation.

Authors:  Christopher J Black; Nicholas E Burr; Alexander C Ford
Journal:  Clin Gastroenterol Hepatol       Date:  2019-07-11       Impact factor: 11.382

4.  Economic Burden of Irritable Bowel Syndrome with Diarrhea: Retrospective Analysis of a U.S. Commercially Insured Population.

Authors:  Jessica L Buono; Kush Mathur; Amelia J Averitt; David A Andrae
Journal:  J Manag Care Spec Pharm       Date:  2016-11-21

5.  Psychological Health Among Gastroenterologists During the COVID-19 Pandemic: A National Survey.

Authors:  Eric D Shah; Mohsen Pourmorteza; B Joseph Elmunzer; Sarah K Ballou; Georgios I Papachristou; Luis F Lara; Uche Okafor; Sheryl A Pfeil; Darwin L Conwell; Somashekar G Krishna
Journal:  Clin Gastroenterol Hepatol       Date:  2020-12-03       Impact factor: 11.382

  5 in total
  1 in total

1.  2021 National Survey on Prior Authorization Burden and Its Impact on Gastroenterology Practice.

Authors:  Eric D Shah; Stephen T Amann; James Hobley; Sameer Islam; Raja Taunk; Louis Wilson
Journal:  Am J Gastroenterol       Date:  2022-03-17       Impact factor: 10.864

  1 in total

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