How Should the Value Attributes of Novel Antibiotics Be Considered in Reimbursement Decision Making?. Issue 2 (December 2019)
- Record Type:
- Journal Article
- Title:
- How Should the Value Attributes of Novel Antibiotics Be Considered in Reimbursement Decision Making?. Issue 2 (December 2019)
- Main Title:
- How Should the Value Attributes of Novel Antibiotics Be Considered in Reimbursement Decision Making?
- Authors:
- Morton, Alec
Colson, Abigail
Leporowski, Axel
Trett, Anna
Bhatti, Taimur
Laxminarayan, Ramanan - Abstract:
- Antibiotics have revolutionized the treatment of bacterial infections. However, it is widely held that there is underinvestment in antibiotics research and development relative to the socially optimal level for a number of reasons. In this article, we discuss whether existing health technology assessment procedures recognize the full economic and societal value of new antibiotics to patients and society when making reimbursement decisions. We present three recommendations for modelling the unique attributes of value that are specific to novel antibiotics. We find, based on a review of the literature, that some of the value elements proposed by our framework have previously been discussed qualitatively by health technology assessment bodies when evaluating antibiotics, but are not yet formally captured via modelling. We present a worked example to show how it may be possible to capture these dimensions of value in a more quantitative manner. We conclude by answering the question of the title as follows: the unique attributes of novel antibiotics should be considered in reimbursement decision making, in a way that captures the full range of benefits these important technologies bring to patients, health care systems, and society.
- Is Part Of:
- MDM policy & practice. Volume 4:Issue 2(2019)
- Journal:
- MDM policy & practice
- Issue:
- Volume 4:Issue 2(2019)
- Issue Display:
- Volume 4, Issue 2 (2019)
- Year:
- 2019
- Volume:
- 4
- Issue:
- 2
- Issue Sort Value:
- 2019-0004-0002-0000
- Page Start:
- Page End:
- Publication Date:
- 2019-12
- Subjects:
- antibiotics -- antibiotic resistance -- health technology assessment -- reimbursement
Medicine -- Decision making -- Periodicals
Medicine -- Decision making
Decision Making
Clinical Medicine
Health Policy
Periodicals
Periodicals
Electronic journals
616.075 - Journal URLs:
- http://journals.sagepub.com/home/mpp/ ↗
http://www.sagepublications.com/ ↗ - DOI:
- 10.1177/2381468319892237 ↗
- Languages:
- English
- ISSNs:
- 2381-4683
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 12048.xml