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Published on: October 27, 2014
Intravitreal Anti-Vascular Endothelial Growth Factor Cost Savings Achievable with Increased Bevacizumab Reimbursement
David B Glasser1, Ravi Parikh2, Flora Lum3
1Department of Ophthalmology, Johns Hopkins University School of Medicine, Baltimore, Maryland.
Purpose:
To model Medicare Part B and patient savings associated with increased bevacizumab payment and use for intravitreal anti-vascular endothelial growth factor (VEGF) therapy.
Design:
Cost analysis.
Participants:
Intelligent Research in Sight (IRIS®) Registry data.
Methods:
Medicare claims and IRIS® Registry data were used to calculate Medicare Part B expenditures and patient copayments for anti-VEGF agents with increasing reimbursement and use of bevacizumab relative to ranibizumab and aflibercept.
Main Outcome Measures:
Medicare Part B costs and patient copayments for anti-VEGF agents in the Medicare fee-for-service population.
Results:
Increasing bevacizumab reimbursement to $125.78, equalizing the dollar margin with aflibercept, would result in Medicare Part B savings of $468 million and patient savings of $119 million with a 10% increase in bevacizumab market share.
Conclusions:
Increased use of bevacizumab achievable with increased reimbursement to eliminate the financial disincentive to its use would result in substantial savings for the Medicare Part B program and for patients receiving anti-VEGF intravitreal injections.
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