On March 1, 2016, Health Affairs published an article in the BMJ
showing how in the US nearly $3 billion will be spent on discarded
cancer drugs this year because companies package drugs in vials that
contain too much of the drug for most doses, creating expensive leftover
product. We proposed that companies in the US should either package
drugs in more appropriate vial sizes to reduce the leftover amounts, or
provide refunds for leftover drug.
Since the time of our article’s publication, numerous Senators
have written letters to the Food and Drug Administration (FDA) urging
action on vial sizes, and calling for the Department of Health and Human
Services Office of Inspector General (HHS OIG) to investigate which
companies sell their drugs in smaller vials outside the US than they
offer to US patients. The Centers for Medicare and Medicaid Services
(CMS) has also mandated
that beginning July 1 2016, all health professionals billing for
infused cancer drugs (and other Part B drugs) to distinguish between
claims that are for drugs that a patient actually receives and those
claims that are for leftover drug.
Need to know more? Check out Health Affairs blog post titled, "Yes, Providing Cancer Drugs In Multiple Vial Sizes Could Save Patients and Payers Money".
HORIZON Health Ventures is a healthcare cost management solutions company used by insurance
brokers, employee benefit consultants, third-party administrators,
insurance companies, and associations, to bring proven thought
leadership and strategy to the management of their clients healthcare
costs. To learn more about HHV and their services, please visit http://horizonhealthventures.com/
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