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1.
Dis Manag ; 8(4): 265-75, 2005 Aug.
Article in English | MEDLINE | ID: mdl-16117721

ABSTRACT

This paper addresses the potential economic benefits of chromium picolinate plus biotin (Diachrome) use in people with Type 2 diabetes (T2DM). The economic model was developed to estimate the impact on health care systems' costs by improved HbA1C levels with chromium picolinate plus biotin (Diachrome). Lifetimes cost savings were estimated by adjusting a benchmark from the literature, using a price index to adjust for inflation. The cost of diabetes is highly dependent on the HbA1C level with higher initial levels and higher annual increments increasing the cost. Improvement in glycemic control has proven to be cost-effective in delaying the onset and progression of T2DM, reducing the risk for diabetes-associated complications and lowering utilization and cost of care. Chromium picolinate plus biotin (Diachrome) showed greater improvement of glycemic control in poorly controlled T2DM patients (HbA(1C) > or = 10%) compared to their better controlled counterparts (HbA(1C) < 10%). This improvement was additive to that achieved by oral hypoglycemic medications and correlates to calculated levels of cost savings. Average 3-year cost savings for chromium picolinate plus biotin (Diachrome) use could range from 1,636 dollars for a poorly controlled patient with diabetes without heart diseases or hypertension, to 5,435 dollars for a poorly controlled patient with diabetes, heart disease, and hypertension. Average 3-year cost savings was estimated to be between 3.9 billion dollars and 52.9 billion dollars for the 16.3 million existing patients with diabetes. Chromium picolinate plus biotin (Diachrome) use among the 1.17 million newly diagnosed patients with T2DM each year could deliver lifetime cost savings of 42 billion dollars, or 36,000 dollars per T2DM patient. Affordable, safe, and convenient, chromium picolinate plus biotin (Diachrome) could prove to be a cost-effective complement to existing pharmacological therapies for controlling T2DM.


Subject(s)
Biotin/economics , Diabetes Mellitus, Type 2/drug therapy , Health Care Costs , Iron Chelating Agents/economics , Picolinic Acids/economics , Vitamin B Complex/economics , Biotin/administration & dosage , Biotin/therapeutic use , Cost Savings , Diabetes Mellitus, Type 2/blood , Diabetes Mellitus, Type 2/economics , Drug Combinations , Glycated Hemoglobin/metabolism , Humans , Hypoglycemic Agents/administration & dosage , Hypoglycemic Agents/economics , Hypoglycemic Agents/therapeutic use , Iron Chelating Agents/administration & dosage , Iron Chelating Agents/therapeutic use , Models, Economic , Picolinic Acids/administration & dosage , Picolinic Acids/therapeutic use , Vitamin B Complex/administration & dosage , Vitamin B Complex/therapeutic use
2.
Dis Manag ; 7(1): 61-75, 2004.
Article in English | MEDLINE | ID: mdl-15035834

ABSTRACT

This paper presents the findings of a literature review investigating the economic impact of appropriate pharmaceutical therapy in treating four prevalent chronic conditions - asthma, diabetes, heart failure, and migraine. The goal of the review was to identify high-quality studies examining the extent to which appropriate pharmaceutical therapy impacts overall medical expenditure (direct costs) and workplace productivity (indirect costs). The working hypothesis in conducting the review was that the costs of pharmaceuticals for the selected chronic conditions are offset by savings in direct and indirect costs in other areas. The literature provides evidence that appropriate drug therapy improves the health status and quality of life of individuals with chronic illnesses while reducing costs associated with utilization of emergency room, inpatient, and other medical services. A growing body of evidence also suggests that workers whose chronic conditions are effectively controlled with medications are more productive. For employers, the evidence translates into potential direct and indirect cost savings. The findings also confirm the importance of pharmaceutical management as a cornerstone of disease management.


Subject(s)
Chronic Disease/drug therapy , Cost of Illness , Drug Therapy/economics , Efficiency , Employment , Aged , Female , Health Expenditures , Humans , Male , Middle Aged
3.
Expert Rev Pharmacoecon Outcomes Res ; 2(2): 109-17, 2002 Apr.
Article in English | MEDLINE | ID: mdl-19807323

ABSTRACT

Quality of life is recognized as an important health outcome and several measures of quality of life have been well validated for use in clinical trials and outcomes research. These measures could play an important role in routine clinical care, providing valuable information on physical functioning, emotional health and other outcomes of interest to patients and providers alike. The literature to date largely reports on how these measures might be used in clinical practice, with few published studies on actual experiences with their implementation. Barriers to the use of quality of life measures, such as cost and time of administration, may decrease thanks to a new generation of measurement methodologies and tools.

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