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CLINICAL AND PHARMACOECONOMIC DRUG REVIEW
APRIL 12,2016 2016 CADTH SYMPOSIUM
ANNE-MARIE SMITH, BSC. PHARM.
Practice Lead, Drug Plan Solutions
Agenda
• Pharmacy Benefit Management – Medication Advisory Panel – Clinical Review – BIA and PE Model
Our Philosophy Balancing Clinical Efficacy & Affordability
Medavie Private Plan Overview
Managed 90%
Open or Non Managed
10%
• Comprehensive review of medications to ensure they are proven effective, medically necessary, and cost effective
• Panel composed of Medical Specialists, GPs, pharmacists, nurses , actuary and a Pharmacoeconomist
• Unique private industry cross functional panel that meets monthly
Medication Advisory Panel (MAP)
5
Plan Design Recommendations Outcome Description
Full Benefit Drug fully covered Tier 1 vs. Tier 2 on tiered formulary
Full Benefit w/Max Dollar or Quantity Cap
SA Criteria Drugs are covered after clinical criteria has been met
STG Drugs are covered in concert with government funded programs
Decline Drug is not covered
7
Clinical Studies
Literature Reviews
Specialist Opinions
BI/PE Analysis
Productivity Presenteeism Disability Absenteeism
Affordability Limit?
Drug Submission Assessment Process
Clinical
• True Comparators • Length of Clinical Trials
Budget Impact
• Demographics • Incidence by age • Projected market share
Pharmacoeconomic Model • Sick days • Absenteeism • Presenteeism • Productivity • Disability
Drug Submission Limitations
Questions ?
Thank you