Exploring the Influence of Health Insurance Plans on Biosimilar Adoption Rates
Jeremy Costin,
Morgane C. Mouslim (),
Mariana P. Socal and
Antonio Trujillo
Additional contact information
Jeremy Costin: Johns Hopkins Bloomberg School of Public Health
Morgane C. Mouslim: University of Maryland, Baltimore County
Mariana P. Socal: Johns Hopkins Bloomberg School of Public Health
Antonio Trujillo: Johns Hopkins Bloomberg School of Public Health
PharmacoEconomics - Open, 2024, vol. 8, issue 1, No 10, 115-118
Abstract:
Abstract Background We conducted a study to investigate the role of health insurance plans on biosimilar adoption among commercially insured patients in the USA. Flexible and rigid health plans may exhibit differing biosimilar coverage due to variations in cost considerations, formulary design, and provider networks. Objective To identify the characteristics of switchers and biosimilar initiators for six biologic-biosimilar pairs. Methods Using claims data from 2015 to 2019, we implement sequential regression models to assess the role of health plans on biosimilars adoption. Findings We found that low-flexibility plans, such as Health Maintenance Organization (HMOs) and Exclusive Provider Organization (EPOs), are more likely to have patients who are switchers and/or biosimilar initiators. Conclusion Our findings highlight the importance of health insurance plan design in promoting biosimilar uptake.
Date: 2024
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1007/s41669-023-00447-6 Abstract (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:pharmo:v:8:y:2024:i:1:d:10.1007_s41669-023-00447-6
Ordering information: This journal article can be ordered from
http://www.springer.com/adis/journal/41669
DOI: 10.1007/s41669-023-00447-6
Access Statistics for this article
PharmacoEconomics - Open is currently edited by Timothy Wrightson and Christopher Carswell
More articles in PharmacoEconomics - Open from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().