comparative effectiveness: helping provide value for ...oct 30, 2008 · homeopathic remedies can...
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Comparative Effectiveness:Helping Provide Value for Health Care Dollars
Fundamentals of Cost-Effectiveness AnalysisNational Health Policy Forum
October 30, 2008
Gail ShearerConsumers Union
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Possible Annual Savings: 5 Categories
• Statins $1,300(cholesterol)
• Proton Pump Inhibitors: $1,740(acid reflux and ulcers)
• NSAIDs $2,200(arthritis and pain)
• Anti-depressants $1,200• Beta Blockers $1,900
(high blood pressure)
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Monthly Costs of Equally Effective Drug Choices: NSAIDs, Antidepressants, ACE Inhibitors, 2005
$9
$168
$16
$77
$24
$171
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
Ibuprofen Celebrex Fluoxetine Zoloft Prilosec OTC Nexium
NSAIDs Antidepressants Proton Pum Inhibitors
Mon
thly
Cos
t
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Medicare Part D: Cost Implications of Switching to Cost-Effective Drugs
January 2006
$216
$949$1,302
$2,771
$4,814
$6,335
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
Lowest Cost Plan
Tota
l Ann
ual D
rug
Cos
ts
Best Buy DrugsAlternate Drugs
Average Cost Plan Highest Cost Plan
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Change in Prescribing Patterns
Baseline Follow Up
74%
19%
7%
Brand w/oGenericBrand w/GenericGeneric
25%
58%
17%
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