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Pen wastage and its effect on real cost

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w.verhoevenTL2 Moderator8 Jun 2024#1

Pen wastage and its effect on real cost Writing it up because I had to work it out twice and would rather nobody else did.

A coverage question with the paperwork detail included, since that is what determines the answer.

Denial received, with a stated reason. My reading of the reason is that it tells me exactly what to submit next, which is the useful thing about a well-written denial.

Before I spend a week on it: is my reading of the stated criterion correct, and is there a documented precedent for this specific ground?

0 likes 2.1y
GP
g.pemberton_ukTL3Regional · UK16 Jun 2024#2

the opening post is right about the mechanism and I think understates the practical bit.

Biosimilars and future generics: as patents expire, biosimilar and generic versions might become available and prices might fall. That has already happened for some proteins; incretin agonist pricing might follow.

31 likes 2.1y
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f.yildizTL2 Moderator22 Jun 2024#3

Practical note that does not fit anywhere else. Whatever you conclude from this topic, write down what you did and when. The single most useful thing in your own records is not any individual result; it is that they are dated and consecutive.

10 likes 2.1y
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WendelboeTL2Member28 Jun 2024 · edited#4

Insurance tier placement: a compound might be covered but on a higher tier (higher copay). Moving to a lower tier usually requires prior authorization or documented failure of cheaper alternatives.

3 likes 2.1y
MG
m.guerreroTL2 Moderator2 Jul 2024#5
w.verhoeven, post #1: Pen wastage and its effect on real cost Writing it up because I had to work it out twice and would rather nobody else did. A coverage question with the paperwork detail included, since that is what determines the answer. Denial received, with a stated reason. My reading of the reason is that it tells me exactly what to submit next,… Go to post

Discount programmes and coupons: manufacturers often offer coupons that reduce out-of-pocket costs if insurance is not covering or is covering at a high copay. These have eligibility restrictions but can save money.

0 likes in reply to #1 2.1y
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NHuddlestonTL1Member7 Jul 2024#6
m.guerrero, post #5: Discount programmes and coupons: manufacturers often offer coupons that reduce out-of-pocket costs if insurance is not covering or is covering at a high copay. These have eligibility restrictions but can save money. Go to post

Pharmacy acquisition cost: a pharmacy pays less than the patient pays, even at insurance rates. That margin is where the pharmacy's costs and profit live.

23 likes in reply to #5 2.1y
NH
n.hartmannTL2 Moderator12 Jul 2024#7

Coming back to post #5, because the follow-up matters more than the original answer.

International pricing: the same compound costs very different amounts in different countries because healthcare systems and regulatory frameworks differ. Generally, US prices are higher than other developed nations.

6 likes 2y
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stopper_traceTL2Member16 Jul 2024#8

Price variation between pharmacies: identical prescriptions can cost different amounts at different pharmacies because pharmacies negotiate individually with insurers and manufacturers.

1 like 2y
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s.balogunTL2 Moderator20 Jul 2024 · edited#9
n.hartmann, post #7: Coming back to post #5, because the follow-up matters more than the original answer. International pricing: the same compound costs very different amounts in different countries because healthcare systems and regulatory frameworks differ. Generally, US prices are higher than other developed nations. Go to post

Worth separating two things that post #5 runs together.

Cost per milligram is the only comparison that survives format differences, but even then it needs care. A pen and a vial are not the same product and cannot be compared on price per milligram alone because dead volume, wastage, and number of doses actually obtainable differ.

32 likes in reply to #7 2y
KO
k.otieno_statsTL3Statistician24 Jul 2024#10

For anyone arriving from a search: the marked solution above is the direct answer, and the replies underneath it add the caveats that make it safe to use.

16 likes 2y
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s.leclercTL4 Moderator28 Jul 2024#11
Staff post. Actions described here are recorded in the public moderation log and may be challenged in Meta.

post #10 answers the question as asked. The question underneath it is different.

Compute cost per delivered dose at your dose if you want a number you can act on. That requires knowing your dose, vial volume, and whether you are using a vial or a pen.

2 likes 2y
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n.silvaTL2 Moderator1 Aug 2024#12

On post #8 — agreed on the reasoning, with one qualification.

List prices versus negotiated prices: the price a pharmaceutical company publishes and the price an insurance company or pharmacy actually pays differ substantially. List price is not what anyone pays.

9 likes 2y
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ms_hollowayTL4Mass spectrometrist5 Aug 2024 · edited#13
w.verhoeven, post #1: Pen wastage and its effect on real cost Writing it up because I had to work it out twice and would rather nobody else did. A coverage question with the paperwork detail included, since that is what determines the answer. Denial received, with a stated reason. My reading of the reason is that it tells me exactly what to submit next,… Go to post

Price variation between pharmacies: identical prescriptions can cost different amounts at different pharmacies because pharmacies negotiate individually with insurers and manufacturers.

28 likes in reply to #1 2y
EI
e.iyerTL2 Moderator8 Aug 2024#14

International pricing: the same compound costs very different amounts in different countries because healthcare systems and regulatory frameworks differ. Generally, US prices are higher than other developed nations.

0 likes 2y
DV
dr.villanuevaTL3Physician12 Aug 2024 · edited#15

post #14 is right about the mechanism and I think understates the practical bit.

Pharmacy acquisition cost: a pharmacy pays less than the patient pays, even at insurance rates. That margin is where the pharmacy's costs and profit live.

0 likes 2y
CC
ch.correiaTL2 Moderator16 Aug 2024#16

Discount programmes and coupons: manufacturers often offer coupons that reduce out-of-pocket costs if insurance is not covering or is covering at a high copay. These have eligibility restrictions but can save money.

5 likes 23mo
SC
sourced_claimsTL3Regular19 Aug 2024#17
f.yildiz, post #3: Practical note that does not fit anywhere else. Whatever you conclude from this topic, write down what you did and when. The single most useful thing in your own records is not any individual result; it is that they are dated and consecutive. Go to post

I disagree with the reply above, and I think the disagreement is substantive rather than terminological.

The distinction being drawn does not survive when you look at the published data for this specific question. I would be glad to be shown wrong on this, because the version I am arguing against is more convenient.

21 likes in reply to #3 23mo
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r.bruunTL2 Moderator23 Aug 2024#18
n.hartmann, post #7: Coming back to post #5, because the follow-up matters more than the original answer. International pricing: the same compound costs very different amounts in different countries because healthcare systems and regulatory frameworks differ. Generally, US prices are higher than other developed nations. Go to post

I read post #16 twice before replying, because I had assumed the opposite.

List prices versus negotiated prices: the price a pharmaceutical company publishes and the price an insurance company or pharmacy actually pays differ substantially. List price is not what anyone pays.

0 likes in reply to #7 23mo
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b.vestergaardTL2 Moderator26 Aug 2024#19

Insurance tier placement: a compound might be covered but on a higher tier (higher copay). Moving to a lower tier usually requires prior authorization or documented failure of cheaper alternatives.

0 likes 23mo
MC
m.coelhoTL2 Moderator30 Aug 2024#20

Cost per milligram is the only comparison that survives format differences, but even then it needs care. A pen and a vial are not the same product and cannot be compared on price per milligram alone because dead volume, wastage, and number of doses actually obtainable differ.

2 likes 23mo
MN
ma.nascimentoTL2 Moderator2 Sep 2024#21
dr.villanueva, post #15: post #14 is right about the mechanism and I think understates the practical bit. Pharmacy acquisition cost: a pharmacy pays less than the patient pays, even at insurance rates. That margin is where the pharmacy's costs and profit live. Go to post

Worth separating two things that post #17 runs together.

Biosimilars and future generics: as patents expire, biosimilar and generic versions might become available and prices might fall. That has already happened for some proteins; incretin agonist pricing might follow.

11 likes in reply to #15 23mo
CP
citation_peakTL35 Sep 2024#22
SD
s.demirTL2 Moderator9 Sep 2024#23

Compute cost per delivered dose at your dose if you want a number you can act on. That requires knowing your dose, vial volume, and whether you are using a vial or a pen.

0 likes 23mo
LP
l.parkinsonTL2Member12 Sep 2024#24
s.demir, post #23: Compute cost per delivered dose at your dose if you want a number you can act on. That requires knowing your dose, vial volume, and whether you are using a vial or a pen. Go to post

Subscription services and subscriptions: some online clinics bundle compounds into subscription models with different pricing. Understanding the terms before committing matters.

31 likes in reply to #23 23mo
VM
v.malinowskiTL2 Moderator15 Sep 2024#25

On post #21 — agreed on the reasoning, with one qualification.

Practical note that does not fit anywhere else. Whatever you conclude from this topic, write down what you did and when. The single most useful thing in your own records is not any individual result; it is that they are dated and consecutive.

6 likes 22mo
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vial_slopeTL3Regular18 Sep 2024#26

post #25 answers the question as asked. The question underneath it is different.

Biosimilars and future generics: as patents expire, biosimilar and generic versions might become available and prices might fall. That has already happened for some proteins; incretin agonist pricing might follow.

1 like 22mo
KK
k.karlsenTL2 Moderator21 Sep 2024#27

International pricing: the same compound costs very different amounts in different countries because healthcare systems and regulatory frameworks differ. Generally, US prices are higher than other developed nations.

0 likes 22mo
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NLoughranTL3Regular25 Sep 2024#28
l.parkinson, post #24: Subscription services and subscriptions: some online clinics bundle compounds into subscription models with different pricing. Understanding the terms before committing matters. Go to post

Price variation between pharmacies: identical prescriptions can cost different amounts at different pharmacies because pharmacies negotiate individually with insurers and manufacturers.

23 likes in reply to #24 22mo
PO
p.onwukaTL2 Moderator28 Sep 2024 · edited#29
dr.villanueva, post #15: post #14 is right about the mechanism and I think understates the practical bit. Pharmacy acquisition cost: a pharmacy pays less than the patient pays, even at insurance rates. That margin is where the pharmacy's costs and profit live. Go to post

Cost per milligram is the only comparison that survives format differences, but even then it needs care. A pen and a vial are not the same product and cannot be compared on price per milligram alone because dead volume, wastage, and number of doses actually obtainable differ.

22 likes in reply to #15 22mo
HN
h.nicolaidesTL3Regular1 Oct 2024#30

Insurance tier placement: a compound might be covered but on a higher tier (higher copay). Moving to a lower tier usually requires prior authorization or documented failure of cheaper alternatives.

10 likes 22mo