Willingness to pay for inhaled insulin : A contingent valuation approach

To determine the willingness to pay (WTP) of patients with diabetes mellitus for inhaled insulin. A contingent valuation survey was administered to 96 diabetic outpatients at St. Michael's Hospital, Toronto, Canada. Standardised information about inhaled insulin and subcutaneous rapid-acting in...

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Veröffentlicht in:PharmacoEconomics 2005-01, Vol.23 (12), p.1215-1227
Hauptverfasser: SADRI, Hamid, MACKEIGAN, Linda D, LEITER, Lawrence A, EINARSON, Thomas R
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container_issue 12
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container_title PharmacoEconomics
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creator SADRI, Hamid
MACKEIGAN, Linda D
LEITER, Lawrence A
EINARSON, Thomas R
description To determine the willingness to pay (WTP) of patients with diabetes mellitus for inhaled insulin. A contingent valuation survey was administered to 96 diabetic outpatients at St. Michael's Hospital, Toronto, Canada. Standardised information about inhaled insulin and subcutaneous rapid-acting insulin was provided via video. Participants' WTP for their preferred product was elicited in Canadian dollars (Can dollars) using a 'payment-scale' method. The mean age of participants was 51.8 years (SD 13.4). Seventy-seven patients had type 2 and 19 had type 1 diabetes. Significantly more participants preferred inhaled insulin over subcutaneous insulin (85 vs 11; p < 0.01). Mean monthly WTP for inhaled insulin (153.70 Can dollars, SD 99.90) was significantly more than the typical 50 Can dollars per month for subcutaneous insulin (p < 0.01). Significantly more participants with type 2 diabetes using oral drugs than those with type 1 diabetes and using insulin preferred inhaled insulin (98.5% vs 69%, p < 0.001). Diabetic patients who did not use insulin were willing to pay significantly more than were insulin users (p < 0.001). Multiple regression analysis showed that income was significantly associated with WTP for inhaled insulin. Diabetic patients, particularly those who are not using insulin, indicated that they would prefer inhaled insulin over insulin injection and would be willing to pay a substantial amount per month to use it. An economic evaluation of inhaled insulin would provide important information to healthcare policy decision makers and private payers about its economic value.
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Diabetic patients who did not use insulin were willing to pay significantly more than were insulin users (p &lt; 0.001). Multiple regression analysis showed that income was significantly associated with WTP for inhaled insulin. Diabetic patients, particularly those who are not using insulin, indicated that they would prefer inhaled insulin over insulin injection and would be willing to pay a substantial amount per month to use it. 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A contingent valuation survey was administered to 96 diabetic outpatients at St. Michael's Hospital, Toronto, Canada. Standardised information about inhaled insulin and subcutaneous rapid-acting insulin was provided via video. Participants' WTP for their preferred product was elicited in Canadian dollars (Can dollars) using a 'payment-scale' method. The mean age of participants was 51.8 years (SD 13.4). Seventy-seven patients had type 2 and 19 had type 1 diabetes. Significantly more participants preferred inhaled insulin over subcutaneous insulin (85 vs 11; p &lt; 0.01). Mean monthly WTP for inhaled insulin (153.70 Can dollars, SD 99.90) was significantly more than the typical 50 Can dollars per month for subcutaneous insulin (p &lt; 0.01). Significantly more participants with type 2 diabetes using oral drugs than those with type 1 diabetes and using insulin preferred inhaled insulin (98.5% vs 69%, p &lt; 0.001). Diabetic patients who did not use insulin were willing to pay significantly more than were insulin users (p &lt; 0.001). Multiple regression analysis showed that income was significantly associated with WTP for inhaled insulin. Diabetic patients, particularly those who are not using insulin, indicated that they would prefer inhaled insulin over insulin injection and would be willing to pay a substantial amount per month to use it. 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Target tissue resistance</subject><subject>Female</subject><subject>Financing, Personal - statistics &amp; numerical data</subject><subject>Financing, Personal - trends</subject><subject>General and cellular metabolism. Vitamins</subject><subject>Glyburide - administration &amp; dosage</subject><subject>Glyburide - economics</subject><subject>Glyburide - therapeutic use</subject><subject>Health Care Surveys - methods</subject><subject>Health technology assessment</subject><subject>Humans</subject><subject>Hypoglycemic Agents - administration &amp; dosage</subject><subject>Hypoglycemic Agents - economics</subject><subject>Hypoglycemic Agents - therapeutic use</subject><subject>Inhalation</subject><subject>Insulin</subject><subject>Insulin - administration &amp; dosage</subject><subject>Insulin - economics</subject><subject>Insulin - therapeutic use</subject><subject>Male</subject><subject>Medical sciences</subject><subject>Metformin - administration &amp; dosage</subject><subject>Metformin - economics</subject><subject>Metformin - therapeutic use</subject><subject>Middle Aged</subject><subject>Patient Satisfaction</subject><subject>Pharmacology. 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A contingent valuation survey was administered to 96 diabetic outpatients at St. Michael's Hospital, Toronto, Canada. Standardised information about inhaled insulin and subcutaneous rapid-acting insulin was provided via video. Participants' WTP for their preferred product was elicited in Canadian dollars (Can dollars) using a 'payment-scale' method. The mean age of participants was 51.8 years (SD 13.4). Seventy-seven patients had type 2 and 19 had type 1 diabetes. Significantly more participants preferred inhaled insulin over subcutaneous insulin (85 vs 11; p &lt; 0.01). Mean monthly WTP for inhaled insulin (153.70 Can dollars, SD 99.90) was significantly more than the typical 50 Can dollars per month for subcutaneous insulin (p &lt; 0.01). Significantly more participants with type 2 diabetes using oral drugs than those with type 1 diabetes and using insulin preferred inhaled insulin (98.5% vs 69%, p &lt; 0.001). Diabetic patients who did not use insulin were willing to pay significantly more than were insulin users (p &lt; 0.001). Multiple regression analysis showed that income was significantly associated with WTP for inhaled insulin. Diabetic patients, particularly those who are not using insulin, indicated that they would prefer inhaled insulin over insulin injection and would be willing to pay a substantial amount per month to use it. An economic evaluation of inhaled insulin would provide important information to healthcare policy decision makers and private payers about its economic value.</abstract><cop>Auckland</cop><pub>Adis International</pub><pmid>16336016</pmid><doi>10.2165/00019053-200523120-00006</doi><tpages>13</tpages></addata></record>
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source MEDLINE; RePEc; SpringerLink Journals - AutoHoldings
subjects Administration, Inhalation
Administration, Oral
Adult
Biological and medical sciences
Canada
Contingent-valuation
Diabetes Mellitus, Type 1 - diagnosis
Diabetes Mellitus, Type 1 - drug therapy
Diabetes Mellitus, Type 2 - diagnosis
Diabetes Mellitus, Type 2 - drug therapy
Diabetes-mellitus
Diabetes. Impaired glucose tolerance
Endocrine pancreas. Apud cells (diseases)
Endocrinopathies
Etiopathogenesis. Screening. Investigations. Target tissue resistance
Female
Financing, Personal - statistics & numerical data
Financing, Personal - trends
General and cellular metabolism. Vitamins
Glyburide - administration & dosage
Glyburide - economics
Glyburide - therapeutic use
Health Care Surveys - methods
Health technology assessment
Humans
Hypoglycemic Agents - administration & dosage
Hypoglycemic Agents - economics
Hypoglycemic Agents - therapeutic use
Inhalation
Insulin
Insulin - administration & dosage
Insulin - economics
Insulin - therapeutic use
Male
Medical sciences
Metformin - administration & dosage
Metformin - economics
Metformin - therapeutic use
Middle Aged
Patient Satisfaction
Pharmacology. Drug treatments
Reproducibility of Results
Subcutaneous
Time Factors
Willingness-to-pay
title Willingness to pay for inhaled insulin : A contingent valuation approach
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