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You searched for id:"oai:etd.ohiolink.edu:mco1564786558787039". One record found.

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University of Toledo Health Science Campus

1. Jeun, Ki Jin. Frequency and Magnitude of Co-payments Exceeding Prescription Drug Cost.

Degree: MSP, Pharmaceutical Sciences (Health Outcomes and Socioeconomic Sciences), 2019, University of Toledo Health Science Campus

Objective: To investigate the healthcare expenditure in prescription drug and analyze the frequency and the magnitude of overpayments in prescription drug.Methods: Data from the 2016 Medical Expenditure Panel Survey was analyzed. Survey respondents of top ten most commonly prescribed drugs in 2016 were included in the study. Data from National Average Drug Acquisition Cost was used to identify the unit price of the prescription drugs. As NADAC changed quarterly, the average was calculated. The NDC and drug strength was used to verify the unit price with corresponding drug. The equation used to calculate estimated cash price of drug was: (Quantity dispensed x Unit Price) + Profit Margin + Dispensing Fee. Two scenarios were constructed accounting different dispensing fee – a higher and a lower. The calculated value was compared to the self OOP value reported in MEPS to determine overpaid cases.Results: With lower-end dispensing fee accounted, 29.23% of cases involved overpayment overall, with average magnitude of $8.14. With higher-end dispensing fee accounted, 6.61% of cases involved overpayment, with average magnitude of $14.59Conclusion: Patients’ OOP cost exceed acceptable limits very frequently despite use of insurance for very commonly used generic medications. Benefit designs need to be modified and pharmacists need to look for cost saving opportunities for patients. Advisors/Committee Members: Vaidya, Varun (Committee Chair).

Subjects/Keywords: Pharmacy Sciences; Health Care

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Jeun, K. J. (2019). Frequency and Magnitude of Co-payments Exceeding Prescription Drug Cost. (Masters Thesis). University of Toledo Health Science Campus. Retrieved from http://rave.ohiolink.edu/etdc/view?acc_num=mco1564786558787039

Chicago Manual of Style (16th Edition):

Jeun, Ki Jin. “Frequency and Magnitude of Co-payments Exceeding Prescription Drug Cost.” 2019. Masters Thesis, University of Toledo Health Science Campus. Accessed September 19, 2019. http://rave.ohiolink.edu/etdc/view?acc_num=mco1564786558787039.

MLA Handbook (7th Edition):

Jeun, Ki Jin. “Frequency and Magnitude of Co-payments Exceeding Prescription Drug Cost.” 2019. Web. 19 Sep 2019.

Vancouver:

Jeun KJ. Frequency and Magnitude of Co-payments Exceeding Prescription Drug Cost. [Internet] [Masters thesis]. University of Toledo Health Science Campus; 2019. [cited 2019 Sep 19]. Available from: http://rave.ohiolink.edu/etdc/view?acc_num=mco1564786558787039.

Council of Science Editors:

Jeun KJ. Frequency and Magnitude of Co-payments Exceeding Prescription Drug Cost. [Masters Thesis]. University of Toledo Health Science Campus; 2019. Available from: http://rave.ohiolink.edu/etdc/view?acc_num=mco1564786558787039

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