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Budget Impact Analysis of the FreeStyle Libre Flash Continuous Glucose Monitoring System® in Patients with Type 1 Diabetes Mellitus and Type 2 Diabetes Mellitus with Multiple Daily Insulin Injections in Argentina

Author

Listed:
  • Alfredo Palacios

    (Institute for Clinical Effectiveness and Health Policy (IECS)
    Universidad de Buenos Aires
    University of York)

  • Federico Rodriguez-Cairoli

    (Institute for Clinical Effectiveness and Health Policy (IECS))

  • Dario Balan

    (Institute for Clinical Effectiveness and Health Policy (IECS))

  • Carlos Rojas-Roque

    (Institute for Clinical Effectiveness and Health Policy (IECS))

  • Carolina Moreno-López

    (Institute for Clinical Effectiveness and Health Policy (IECS))

  • Barbara Braun

    (Sanatorio de la Trinidad Palermo)

  • Federico Augustovski

    (Institute for Clinical Effectiveness and Health Policy (IECS))

  • Andrés Pichon-Riviere

    (Institute for Clinical Effectiveness and Health Policy (IECS))

  • Ariel Bardach

    (Institute for Clinical Effectiveness and Health Policy (IECS)
    Center for Research in Epidemiology and Public Health (CIESP))

Abstract

Objective To estimate the budget impact of the potential coverage of FreeStyle Libre Flash Continuous Glucose Monitoring System (FSL) for glycemia monitoring in all type 1 diabetes mellitus (T1DM) patients and in those with type 2 diabetes mellitus (T2DM) with multiple daily insulin injections, from the social security and the private third-party payer’s perspective in Argentina. Methods A budget impact model was developed to estimate the cost difference between the self-monitoring of blood glucose (standard of care) and FSL over 5 years. Input parameters were retrieved from local literature complemented by expert opinion. Health care costs were estimated by a micro-costing approach and reported in USD as of April 2022 (1 USD = 113.34 Argentine pesos). One-way sensitivity and scenario analyses were conducted. Results From a social security third-party payer perspective, the incorporation of FSL was associated with net savings per member per month (PMPM) of $0.026 (Year 1) to $0.097 (Year 5) and net savings PMPM of $0.002 (Year 1) to $0.008 (Year 5) for T1DM and T2DM patients, respectively. Similar findings are reported from the private third-party payer perspective. The budget impact results were more sensitive to the acquisition costs of the FSL and test strips. Conclusion The potential coverage of FSL in patients with T1DM and T2DM with multiple daily insulin injections could be associated with small financial savings considering current technology acquisition costs (FSL and test strips) for social security and the private sector third-party payers in Argentina.

Suggested Citation

  • Alfredo Palacios & Federico Rodriguez-Cairoli & Dario Balan & Carlos Rojas-Roque & Carolina Moreno-López & Barbara Braun & Federico Augustovski & Andrés Pichon-Riviere & Ariel Bardach, 2023. "Budget Impact Analysis of the FreeStyle Libre Flash Continuous Glucose Monitoring System® in Patients with Type 1 Diabetes Mellitus and Type 2 Diabetes Mellitus with Multiple Daily Insulin Injections ," Applied Health Economics and Health Policy, Springer, vol. 21(4), pages 637-650, July.
    • Handle: RePEc:spr:aphecp:v:21:y:2023:i:4:d:10.1007_s40258-023-00800-0
    DOI: 10.1007/s40258-023-00800-0
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    References listed on IDEAS

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    1. Zsolt Mogyorosy & Peter Smith, 2005. "The main methodological issues in costing health care services: A literature review," Working Papers 007cherp, Centre for Health Economics, University of York.
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