Effects of Medicare Part D coverage gap closure on utilization of branded and generic drugs.

ABSTRACT: The Affordable Care Act included a provision to gradually eliminate the Medicare prescription drug coverage gap between 2011 and 2020, which substantially lower medication costs in the gap. Using 2007-2016 Medicare claims data, we estimate how filling the gap affects individuals' out-of-pocket spending and medication use, separately for branded and generic drugs. One important difficulty in estimating the policy impact is that around the same time, many blockbuster drugs commonly used by the Medicare population experienced patent expiration and began to see generic entry. Because generic entries affected different therapeutic classes at different times, we run difference-in-differences models by therapeutic category at the beneficiary-month level to isolate the effect of the gap closure fr

SUBMITTER: Liu J 

PROVIDER: S-EPMC9898097 | biostudies-literature | 2023 Mar

REPOSITORIES: biostudies-literature