Author Interviews, Brigham & Women's - Harvard, Cost of Health Care, Dermatology, JAMA, Rheumatology / 09.11.2019
Medicare Part D Spending on Oral Anti-Cancer Drugs Doubles
MedicalResearch.com Interview with:
Emily S. Ruiz, MD, MPH
Director, High-Risk Skin Cancer Clinic, Dana Farber/Brigham and Women’s Cancer Center
Assistant Professor, Harvard Medical School, Dermatology
Brigham And Women's Faulkner Hospital
MedicalResearch.com: What is the background for this study?
Response: Innovation in oncology has led to increased development and market entry of anticancer drugs. For example, from 2009 to 2013, the US FDA approved 51 oral and systemic anticancer drugs for 63 indications. Prices for anticancer drugs have risen faster than inflation over time, especially for older drugs, and prices in the US have largely been set by market forces rather than novelty or efficacy.
Understanding the evolving cancer economic landscape requires consideration of annual and cumulative rates of change for key metrics, such as total spending, drug cost per beneficiary, out-of-pocket cost, and utilization. This study sought to weigh the proportional impacts of rising drug costs and utilization on increased Medicare Part D spending for a cohort of oral anticancer drug utilized from 2013-2017.
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