Potential Budget Impact of Finerenone in Patients with Chronic Kidney Disease and Type 2 Diabetes Being Treated with Standard of Care
Author(s)
Dayer V1, Hansen RN2, Singh R3, Kong SX3, Williamson T3, Sullivan SD2
1University of Washington, Shoreline, WA, USA, 2University of Washington, Seattle, WA, USA, 3Bayer U.S. LLC, Whippany, NJ, USA
Presentation Documents
OBJECTIVE: Finerenone is a nonsteroidal, selective mineralocorticoid receptor antagonist indicated in adult patients with chronic kidney disease (CKD) with type 2 diabetes (T2D). The objective of this research was to estimate the 3-year financial impact of adding finerenone to the formulary of a U.S. health plan.
METHODS:
We developed a budget impact model for a hypothetical 1,000,000-member health plan with both commercial (40%) and Medicare (60%) lives, using the payer perspective and a time horizon of 3 years. Direct costs included drug costs minus patient cost-sharing, and cost offsets for medical outcomes were derived from the cost-effectiveness model developed based on FIDELIO-DKD and FIGARO-DKD clinical trials. Uptake estimates are from Bayer market forecasts. The primary output was incremental budget impact (PMPM) in each year. A one-way sensitivity analysis (OWSA) evaluated the impact of data uncertainty on results.RESULTS:
The commercial population was estimated to have 38 ($0.05 PMPM), 137 ($0.18 PMPM), and 210 ($0.27 PMPM) patients treated with finerenone in years 1, 2, and 3, respectively, and a total (3-year) incremental budget impact of $2,371,000. The Medicare population had 57 ($0.05 PMPM), 205 ($0.19 PMPM), and 315 ($0.28 PMPM) treated patients in years 1, 2, and 3, respectively, and a total budget impact of $3,754,000. A one-way sensitivity analysis indicated that the medical costs for both standard of care and finerenone were key contributors to the financial impact. CONCLUSION: The addition of finerenone to standard of care resulted in a moderate financial impact for a hypothetical 1,000,000-member health plan with both commercial and Medicare members that is partially offset by reduced medical costs.Conference/Value in Health Info
2022-05, ISPOR 2022, Washington, DC, USA
Value in Health, Volume 25, Issue 6, S1 (June 2022)
Code
EE397
Topic
Economic Evaluation
Topic Subcategory
Budget Impact Analysis
Disease
Diabetes/Endocrine/Metabolic Disorders