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Patient preferences for medication adherence financial incentive structures: A discrete choice experiment
Natalie S Hohmann1, Tessa J Hastings2, Ruth N Jeminiwa3
1Department of Pharmacy Practice, Auburn University Harrison School of Pharmacy, 1202F Walker Building, Auburn, AL, USA.
Financial incentives can improve medication adherence for chronic conditions. Patients prioritize the incentive
Area of Science:
- Health economics
- Behavioral science
- Patient adherence
Background:
- Medication adherence for chronic conditions presents a significant challenge for patients.
- Financial incentives, particularly when delivered at the point of care, may serve as effective cues to encourage medication-taking behaviors.
Purpose of the Study:
- To investigate patient preferences for specific structures of financial medication adherence incentives.
- To determine the feasibility of delivering these incentives at the point of care.
Main Methods:
- A discrete choice experiment (DCE) was conducted via a national online survey.
- Participants included adults reporting use of prescription medications for chronic conditions.
- Data analysis involved mixed logit models, stratified by income level.
Main Results:
- Incentive form (e.g., gift card vs. cash) was the most crucial factor for participants, followed by probability of receipt, monetary value, and timing.
- Patients were willing to trade monetary value for earlier receipt, higher probability of receiving the incentive, and preferred gift cards over vouchers.
- These trade-offs were consistent across different income levels.
Conclusions:
- Patient preferences for financial medication adherence incentives are primarily driven by the form of the incentive and the probability of receiving it, irrespective of socioeconomic status.
- These findings have significant implications for designing sustainable and engaging medication adherence programs.
- Understanding these preferences can impact patient outcomes and healthcare plan performance.
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