cover image: A discrete choice experiment investigating preferences for funding drugs used to treat orphan diseases

Premium

20.500.12592/cgbhr7

A discrete choice experiment investigating preferences for funding drugs used to treat orphan diseases

22 Jan 2010

Policy debate about funding criteria for drugs used to treat rare, orphan diseases is gaining prominence. This study presents evidence from a discrete choice experiment investigating the preferences of the public regarding public funding for drugs used to treat rare diseases and common diseases using a convenient sample of university students. We find that: other things equal, the respondents do not prefer to have the government spend more for drugs used to treat rare diseases; that respondents are not willing to pay more per life year gained for a rare disease than a common disease; and that the public weighs relevant attributes of the coverage decisions (e.g., costs, disease severity, treatment effectiveness) similarly for both rare and common diseases. The results confirm the importance of severity and treatment effectiveness in preferences for public funding. Though the first study of its kind, the results send a cautionary message regarding the special treatment of orphan drugs in coverage decision making.
health economics science and technology research medicines drugs medicine statistics orphan disease disease survey drug costs economics, pharmaceutical rare diseases pharmaceutical policy discrete choice medicare healthcare policy health treatment government health care medical drugs survey methodology experiment national institute for health and care excellence conditional logit pharmaceutical drug parameters orphan drugs rare disorders rare disease orphan drug mixed logit

Authors

Mentzakis, Emmanouil

Pages
35
Published in
Canada

Related Topics

All