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For which diseases do broader value elements matter most? An evaluation across 20 ICER evidence reports
Jason Shafrin1, Syvart Dennen1, Priti Pednekar1
1PRECISIONheor, Los Angeles, CA.
Broader value elements in cost-effectiveness analyses are more frequently cited for rare diseases and less cost-effective treatments. Incorporating these elements can better incentivize innovation and research funding allocation.
Area of Science:
- Health economics
- Health technology assessment
- Pharmacoeconomics
Background:
- U.S. value frameworks, like those from the Institute for Clinical and Economic Review (ICER), often use a health system perspective in cost-effectiveness analyses.
- These frameworks may not fully capture the societal and broader benefits and costs of healthcare interventions.
- The impact of including broader value elements on quantitative treatment value estimates remains unclear.
Purpose of the Study:
- To evaluate how the relevance of broader value elements in cost-effectiveness analysis varies across different diseases.
- To identify associations between broader value elements, disease rarity, treatment cost, cost-effectiveness, and ICER committee voting outcomes.
Main Methods:
- Identified 32 broader value elements (e.g., caregiver burden, health equity, productivity) through a literature review.
- Analyzed ICER evidence reports (July 2017-January 2020) to determine which broader value elements were discussed for specific diseases.
- Examined correlations between cited broader value elements and factors like rare disease status, treatment cost, cost-effectiveness, and ICER voting results.
Main Results:
- Household and leisure activities (e.g., caregiver burden) were the most frequently cited broader value element category.
- Inherited retinal disease (19 elements) and sickle cell disease (18 elements) had the most cited broader value elements.
- Rare diseases (15.9 elements) and less cost-effective treatments (higher ICERs) were associated with a greater number of cited broader value elements compared to non-rare diseases (11.5 elements).
Conclusions:
- The inclusion and relevance of broader value elements in cost-effectiveness analyses differ significantly across diseases.
- Treatments with less favorable cost-effectiveness ratios tend to involve more broader value considerations.
- Comprehensive inclusion of all relevant value elements is crucial for incentivizing innovation and optimizing research funding allocation.
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