A VALUATION OF PATIENTS WILLINGNESS TO PAY FOR INTERFERON-BETA IN MULTIPLE SCLEROSIS
Author(s)
Rahimi F1, Rasekh HR2, Peiravian F3, Abbasian E4
1Isfahan University of Medical Science, Isfahan, Iran (Islamic Republic of), 2Shahid Beheshti University of Medical Sciences, School of Pharmacy, Tehran, Iran (Islamic Republic of), 3Shahid Beheshti University of Medical Sciences, School of Pharmacy, Tehran, Iran, 4Bu Ali Sina University, Hamedan, Iran (Islamic Republic of)
OBJECTIVES: Patients willingness to Pay (WTP) by translating preferences into monetary terms can provide useful information about desired medicine attributes. This study explores the effects of Interferon-β characteristics such as country of origin, injection frequency and method, monthly cost, efficacy, and side effects on multiple-sclerosis patients’ willingness to pay. METHODS: MS patients with a history of using Interferon-β were studied from the three major Isfahan MS centers. Choice sets were designed with a combination of attributes and levels. The variables in this experiment included interferon-β with different levels assigned to each of its attribute. Patients willingness to pay were calculated through Discreet Choice Experiment. The statistical population consisted of 358 patients deemed eligible for the study. They responded to the questionnaire and took part in interviews. RESULTS: Results showed that the highest willingness-to-pay value of US$ 223 as determined by MS patients belonged to a change of efficacy from moderate to high. Side-effects and ease of use ranked next among patient preferences. Country of origin recorded the lowest value of the willingness-to-pay parameter. CONCLUSIONS: Evaluation of MS patients' preferences as reflected in their willingness to pay plays an important role in patient’s adherence to treatment to achieve more effective results. Due to the variety of drugs in this category, it is necessary to identify and prioritize those features that are of interest to patients and that increase their utility relative to IFN-β drugs.
Conference/Value in Health Info
2018-09, ISPOR Asia Pacific 2018, Tokyo, Japan
Value in Health, Vol. 21, S2 (September 2018)
Code
PND13
Topic
Health Policy & Regulatory
Topic Subcategory
Public Spending & National Health Expenditures
Disease
Neurological Disorders