Patient preferences and willingness-to-pay for Medicare part D consultations offered in a community pharmacy setting
Abstract
Details
- Title: Subtitle
- Patient preferences and willingness-to-pay for Medicare part D consultations offered in a community pharmacy setting
- Creators
- Logan Thomas Murry
- Contributors
- Julie M Urmie (Advisor)Matthew J Witry (Committee Member)William R Doucette (Committee Member)Dhananjay Nayakankuppam (Committee Member)
- Resource Type
- Dissertation
- Degree Awarded
- Doctor of Philosophy (PhD), University of Iowa
- Degree in
- Pharmacy
- Date degree season
- Summer 2022
- Publisher
- University of Iowa
- DOI
- 10.25820/etd.006449
- Number of pages
- xvi, 223 pages
- Copyright
- Copyright 2022 Logan Thomas Murry
- Language
- English
- Description illustrations
- illustrations (some color)
- Description bibliographic
- Includes bibliographical references (pages 136-164).
- Public Abstract (ETD)
Older individuals often have difficulty selecting Medicare Part D insurance plans to cover their prescription medications. Identifying this difficulty, community pharmacies across the country have begun offering insurance consultation services to assist individuals in their prescription medication insurance plan selection. Despite potential benefits of using these services, uptake and repeated use of these services remains low. Currently, little is known about how these consultation services are delivered at the community pharmacy level. While individual pharmacies have developed and implemented these services, service offerings vary across pharmacies and are infrequently designed to accommodate patient-specific abilities and preferences. Additionally, these services are almost always offered at no-cost to patients despite resources and staffing required to provide them. To increase the use and sustainability of Medicare Part D consultation services offered in the community pharmacy setting, a thorough evaluation of patent-preferences for service offerings as well as exploration of potential willingness-to-pay for such services should be performed.
This project used interviews and surveys to identify components of Medicare Part D consultation services that patients preferred and associated with value. These perspectives were gathered from individuals who had both used and not used a consultation service provided in the community pharmacy. Following the interviews and survey, a stated preference instrument was used to present individuals with a wide variety of service offering “bundles” or service offerings with attributes varying across five different service attributes: information provided, duration of service, location of service, service provider, and cost. Preference and willingness-to-pay for each attribute were calculated and used to inform an optimal service bundle.
The results of the stated preference study identified patient preferences and willingness-to-pay for a Medicare Part D consultation service, with the preferred service offering reflecting the following service attributed: 15 minutes in duration, provide in person at the pharmacy by a pharmacist the patient knew, with a discussion of plans and a follow-up phone call, offered at no-cost. Preference for and importance of these attributes were different based on gender and difficulty affording prescription medications. The results of this study can help community pharmacies develop and expand existing Medicare Part D consultation services to maximize sustainability while accommodating patient preferences for enhanced service offerings.
- Academic Unit
- Pharmacy
- Record Identifier
- 9984285454002771