Findings on Managed Care and Specialty Pharmacy Reported by Investigators at University of Utah (Understanding Patient Cost-sharing Thresholds for Diabetes Treatment Attributes Via a Discrete Choice Experiment): Drugs and Therapies - Managed Care and Specialty Pharmacy - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 7, 2023 Newswires
Share
Share
Post
Email

Findings on Managed Care and Specialty Pharmacy Reported by Investigators at University of Utah (Understanding Patient Cost-sharing Thresholds for Diabetes Treatment Attributes Via a Discrete Choice Experiment): Drugs and Therapies – Managed Care and Specialty Pharmacy

Insurance Daily News

2023 APR 07 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on Drugs and Therapies - Managed Care and Specialty Pharmacy. According to news originating from Salt Lake City, Utah, by NewsRx correspondents, research stated, “The process used to prefer certain products across drug classes for diabetes is generally focused on compara-tive effectiveness and cost. However, payers rarely tie patient preference for treatment attributes to formulary management result-ing in a misalignment of value defined by providers, payers, and patients.”

Financial support for this research came from PhRMA Foundation.

Our news journalists obtained a quote from the research from the University of Utah, “To explore patients’ willingness to pay (WTP) for the predetermined high -value and low-value type 2 diabetes mellitus (T2DM) treatments within a health plan. A cross-sectional discrete choice experiment (DCE) survey was used to deter-mine patient preference for the benefit, risk, and cost attributes of T2DM treatments. A comprehensive literature review of patient preference studies in diabetes and a review of guidelines and medical literature identi-fied study attributes. Patients and diabetes experts were interviewed and instructed to identify, prioritize, and comment on which attributes of diabetes treatments were most important to T2DM patients. The patients enrolled in a health plan were asked to respond to the survey. A multinomial logit model was developed to determine the relative importance and the patient’s WTP of each attribute. The patients’ relative values based on WTPs for T2DM treatments were calculated and compared with the treat-ments by a health plan.A total of 7 attributes were selected to develop a web-based DCE questionnaire survey. The responses from a total of 58 patients were analyzed. Almost half (48.3%) of the respondents took oral medications and injections for T2DM. The most prevalent side effects due to diabetes medications were gastrointestinal (43.1%), followed by weight gain (39.7%) and nausea (32.8%). Patients were willing to pay more for treatments with proven cardiovascular benefit and for the risk reduction of hospital-ization from heart failure. On the other hand, they would pay less for treatments with higher gastrointestinal side effects. Patients were willing to pay the most for sodium-glucose cotransporter 2 inhibitor and glucagon-like peptide 1 receptor agonist agents and the least for dipeptidyl peptidase-4 inhibitors and thiazolidinediones.This study provides information to better align patient, provider, and payer preferences in both benefit design and value-based formulary strategy for diabetes treatments.”

According to the news editors, the research concluded: “A preferred placement of treatments with cardiovascular benefits and lower adverse gastrointestinal side effects may lead to increased adher-ence to medications and improved clinical outcomes at a lower overall cost to both patients and their health plan.”

This research has been peer-reviewed.

For more information on this research see: Understanding Patient Cost-sharing Thresholds for Diabetes Treatment Attributes Via a Discrete Choice Experiment. Journal of Managed Care & Specialty Pharmacy, 2023;29(2):139-150. Journal of Managed Care & Specialty Pharmacy can be contacted at: Acad Managed Care Pharmacy, 100 N Pitt St, 400, Alexandria, VA 22314-3134, USA.

The news correspondents report that additional information may be obtained from Diana Brixner, University of Utah, Pharmacotherapy Outcomes Research Center, Salt Lake City, UT 84112, United States. Additional authors for this research include Rupesh Panchal, Danielle Nguyen, Priyanka Ghule, Niying Li, Raymond J. Pan, Joseph Biskupiak, Stacey Slager, Laura Britton, Robert Nohavec, Theodoros Giannouchos and Surachat Ngorsuraches.

(Our reports deliver fact-based news of research and discoveries from around the world.)

Older

Peking University Reports Findings in Chronic Disease (The impact of integrated urban and rural resident basic medical insurance on health service equity: Evidence from China): Disease Attributes – Chronic Disease

Newer

Patent Issued for Tokenized healthcare service payments (USPTO 11610201): Capital District Physicians Health Plan Inc.

Advisor News

  • Election 2026: Which of Berkeley's 7 ballot measures will pass?
  • How advisors can help frugal retirees finally enjoy their savings
  • Wealth planning vs. estate planning: Honoring your client’s wishes
  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
More Advisor News

Annuity News

  • Equitable, Corebridge steam toward merger with strong Q3 annuity sales
  • Jackson Announces New Annuity Offering for AARP Members
  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
More Annuity News

Health/Employee Benefits News

  • Austin workers weigh health coverage as insurance costs are forecast to rise
  • My unhappy day in small claims court | Letters to The Republican
  • Enrollment is open for Affordable Care Act coverage. What do New Mexicans need to know?
  • A Smarter Approach to Employee Health Insurance Costs
  • Are GLP-1s Good for Business? The Jury Says …
More Health/Employee Benefits News

Life Insurance News

  • Unum Group Reports Third Quarter 2026 Results
  • First American Financial Corporation Appoints Darryl D. Button to Board of Directors
  • Corebridge Financial Announces Third Quarter 2026 Results
  • MassMutual announces record $3.3 billion policyowner dividend for 2027
  • Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.