Would Elimination of
Copayments for Phototherapy Decrease the Cost of Treating Psoriasis with
Systemic Biologics? A Cost Analysis
Jason
F Simpson, CPA, Christopher B. Yelverton, MD MBA, Rajesh Balkrishnan,
PhD, Alan Fleischer, Jr., MD, William Lide, MB, and Steven R Feldman,
MB, PhD. Managed Care Interface, June 2006, Volume 19 Number 6.
Phototherapy is a proven treatment method for the
treatment of psoriasis, yet is typically underutilized because of the frequency
of physician visits and copayments required for each session (typically 2-5
treatments/wk). Injectable biologic therapies are effective but costly.
The objective of this study was to explore how changes in copayment strategies
for phototherapy may affect biologic usage. Published estimates of the cost of
phototherapy and biologic treatment were used to determine the costs of these
treatments to patients and insurers. With an estimated copayment of $30
per office visit and a pharmacy copayment of $50 per month, the $1800 annual
patient expense for phototherapy far exceeds the out-of-pocket expenses for
etanercept, alefacept, and efalizumab ($840, $405, and $780, respectively).
The estimated annual costs to MCOs
ranged from $3,008 for phototherapy to $20,300 for Etanercept. Copayments for
phototherapy may be shifting patients toward biologic treatment, which is more
convenient but more costly to managed care plans. Read full article