Journal article
Cost-effectiveness of medicare drug plans in schizophrenia and bipolar disorder
KJ Smith, SH Baik, CF Reynolds, BL Rollman, Y Zhang
American Journal of Managed Care | MANAGED CARE & HEALTHCARE COMMUNICATIONS LLC | Published : 2013
Abstract
Background: Medicare Part D has a drug coverage gap, which imposes risks for discontinuing medications, particularly in mental health disorders where drug costs are high. However, some beneficiaries have generic drug coverage in the gap. Objectives: To examine the health outcomes and cost-effectiveness of generic-drug coverage compared with no gap coverage in patients with bipolar disorder and schizophrenia. Study Design: Markov model-based cost-effectiveness analysis using identical hypothetical cohorts to examine drug coverage strategies. Methods: The incremental cost-effectiveness of Part D coverage strategies was estimated, using differences in medical costs and quality-adjusted life yea..
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Awarded by National Institute of Mental Health
Funding Acknowledgements
National Institute of Mental Health RC1 MH088510, Agency for Healthcare Research and Quality R01 HS018657, University of Pittsburgh Central Research Development Fund.