Today, the Centers for Medicare and Medicaid Innovation (CMMI) finalized the Global Benchmark for Efficient Drug Pricing (GLOBE) model that would impose so-called “Most Favored Nation” drug pricing in Medicare Part B. PIPC is deeply concerned about embedding in U.S. policy the use of cost-effectiveness standards like the quality-adjusted life year (QALY), which devalues the lives of people with disabilities and older patients. Whether it’s adopted into a payment price, benchmark, coverage policy, or reimbursement incentive, reliance on QALY-based policy is the wrong approach for patients and people with disabilities. Adopting the values of other countries that routinely deny patients access to breakthrough treatments for serious and disabling conditions puts American patients at risk of the same outcome. We support the agency’s goal of lowering drug prices for all Americans, but it is critical that it is done in ways that respect existing statutory safeguards against QALYs and work for all Americans.
We look forward to working with Congress and the administration on steps to ensure Medicare protects people with disabilities and complies with the current laws that bar the use of QALYs and similar measures in Medicare decisions.